City property market to change

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Báo Đầu Tư English 3 week(s) ago

HCM City’s real estate market in the 2017-20 period will see major changes as supply and demand will gradually adjust, stabilising and strengthening the market, according to the city’s Real Estate Association.

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Local banks recovering from a long slump

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Báo Đầu Tư English 3 week(s) ago

Since the beginning of this year the shares of many banks have appreciated significantly, with the increases ranging from 8 per cent to even 80 per cent.

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20 legal documents issued in May

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Báo điện tử CP English 1 month(s) ago 2 related news

VGP – In May, the Government and PM released 20 legal documents, including 16 decrees and four decisions.

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Bank shares drive market down

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Báo Đầu Tư English 1 month(s) ago

Shares declined for the first time in the last three days as banks lost momentum on Wednesday on rising profit-taking pressure after a long rally.

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Bank stocks rise on coming bad debt resolution

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Báo Đầu Tư English 1 month(s) ago 1 related news

Shares ended Monday on a positive note as banks reacted to information that the new bad debt settlement resolution will likely be approved by the National Assembly this week.

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Smaller banks overtake giants in profit growth

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Báo Đầu Tư English 1 month(s) ago

Although commercial banks have yet to release their financial reports for the second quarter of 2017, many of them revealed their operating results in the first five or six months of 2017. Accordingly, some small and medium-scale banks overtook the giants of the Vietnamese banking industry in terms of profit growth.

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Stocks rise further on banks

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Báo Đầu Tư English 1 month(s) ago

Vietnamese stock indices ended on a positive note on Wednesday, led by banks, insurance companies and agriculture firms on positive market information.

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Economists suggest dealing with bad debts before meting out punishment

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Báo Đầu Tư English 1 month(s) ago

The National Assembly (NA) was discussing bad debts settlements and how to deal with those responsible for these bad debts, with the hope that there will be detailed regulations on solving these problems, bringing about liquidity and transparency in the economy.

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Passenger forced off Phuong Trang bus for smuggling cat in backpack

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Báo Tuổi Trẻ English 1 month(s) ago

A female passenger was forced off a Phuong Trang bus in the middle of nowhere just after midnight on Wednesday after she had refused to let go of a cat she snuck aboard in her backpack.

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Shares gain on VN-US business deals

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Báo Đầu Tư English 1 month(s) ago

Shares ended positive in both local markets on Thursday as investor confidence was bolstered by positive meetings between Viet Nam’s Prime Minister Nguyen Xuan Phuc and US officials and businesses.

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PM suggests Google open representative office in VN

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Báo điện tử CP English 2 month(s) ago 1 related news

VGP – PM Nguyen Xuan Phuc suggested Google open official representative office in Viet Nam as many of Google’s services have been widely used by Vietnamese businesses and people.

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Trump rows shadow acrimonious G7 summit

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Báo Đầu Tư English 1 month(s) ago

TAORMINA: G7 leaders on Friday found common cause on combating terrorism after the bloodshed in Manchester but failed to bridge a gulf between Donald Trump and US partners on trade and climate change.

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Gov’t determined to fix weak banks

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Báo điện tử CP English 2 month(s) ago 1 related news

VGP – The Government has drastically fixed weak banks and non-performing loans to ensure the safety of the banking system, Deputy PM Truong Hoa Binh told legislators on Monday.

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Bad debts at $7b until March 31

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Báo Đầu Tư English 2 month(s) ago 1 related news

Total non-performing loans (NPLs) of the entire credit institutions (CI) system until March 31, 2017 were VND160 trillion (US$7 billion).

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NA action on debt pushes market up

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Báo Đầu Tư English 2 month(s) ago 1 related news

Shares advanced on Monday on strong support from the banking sector, following a new National Assembly resolution to resolve bad debt.

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