SBV aims to hold inflation under 4% in 2017

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Báo Dân Trí English 2 hour(s) ago

The State Bank of Vietnam (SBV) will control inflation under 4 per cent and stabilise the macro economy to reach a GDP growth of 6.7 per cent, as well as ensure a safe operation for the banking system, a high ranking official of SBV said.

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Moody's reaches $864 mn settlement over subprime ratings

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Báo Dân Trí English 3 day(s) ago

Ratings agency Moody's has agreed to pay nearly $864 million in a settlement with the US authorities over its inflated ratings of risky mortgage securities that contributed to prompting the 2008 global financial crisis, the Justice Department said Friday.

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Hanoi traffic suffers in wet weather

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Báo Dân Trí English 5 day(s) ago

Hanoi has suffered from increased traffic jams at peak hours due to bad weather.

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"Special" law to boost bank restructuring

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Báo Đầu Tư English 6 day(s) ago

The State Bank of Viet Nam (SBV) will co-operate with relevant agencies to map out a "special" law to boost bank restructuring and settle bad debts in 2017, according to SBV Governor Le Minh Hung.

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Thanh Luong Cattle Market

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Báo Đầu Tư English 6 day(s) ago

The Thanh Luong Cattle Market might appear to be a standard trading place. Of course, it can’t be! This special market is not simply a place where you can find oxen and buffaloes but is also a unique cultural aspect of the Thanh Chuong District in Nghe An Province.

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Many banks report big profits in 2016

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Báo Dân Trí English 6 day(s) ago

Major Vietnamese banks, including Vietinbank, Vietcombank and BIDV, have reported high profits in 2016.

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Banking sector urged to focus on building trust

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Báo điện tử CP English 1 week(s) ago

VGP – PM Nguyen Xuan Phuc has asked the banking sector to focus on building public trust, which he said, was of extreme significance to facilitating regulation work as well as ensuring the success of policies.

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Five banks to be restructured

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Báo Dân Trí English 1 week(s) ago

The State Bank of Vietnam announced they intend to restructure five banks this year.

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Bad urban planning blamed for congestion

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Báo Dân Trí English 2 week(s) ago

Vo Kim Cuong, former deputy head of the HCM City Chief Architect's Office, blamed urban planning for severe congestion in the city.

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High graduate unemployment rate blamed on bad career advice

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Báo Dân Trí English 3 week(s) ago

It's not the fault of the Ministry of Education and Training in the high number of university graduates being unable to find a job recently, according to a local education expert.

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New cold spells, floods to hit northern, central Vietnam

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Báo Tuổi Trẻ English 3 week(s) ago

Bad weather is forecast for northern and central Vietnam this week, with the north to experience yet another cold spell while central areas are expected to experience more flooding.

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SHB Finance coveted before born

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Báo Đầu Tư English 3 week(s) ago

Although SHB Finance, a result of the merger of Vinaconex-Viettel Finance JSC (VVF) and Saigon-Hanoi Commercial Joint Stock Bank (SHB), has yet to be officially established, numerous foreign investors expressed interest in buying shares.

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Bank restructuring: five-year review and prospects to come

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Báo Đầu Tư English 1 month(s) ago

Positive news regarding the restructuring of banks has emerged at year-end.

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Upward trend in bank interest rates

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Báo Đầu Tư English 1 month(s) ago

At the beginning of December some banks cut deposit interest rates by 0.1-0.2 percentage points.

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Vietnam flight unable to land due to incompetent flight crew

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Báo Tuổi Trẻ English 1 month(s) ago

The cabin crew of a Vietnam Airlines flight was deemed unqualified to land the aircraft in bad weather after multiple failed attempts in the south-central Vietnamese province of Khanh Hoa earlier this week.

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