Weather woes cool Vietnam's Q2 growth to 2-year low

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Báo Tuổi Trẻ English 22 hour(s) ago 1 duplicate news

Weather woes cool Vietnam's Q2 growth to 2-year low

HANOI, June 28 - Vietnam's galloping growth took a hit in the second quarter with drought and bad weather weighing on its agriculture sector and slowing the economy to 5.55 percent, the weakest expansion in the three-month period in two years.

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Businesses fear loan interest rate hikes as banks pay more for deposits

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Báo Thanh Niên English 2 day(s) ago

Businesses fear loan interest rate hikes as banks pay more for deposits

Commercial banks have hiked deposit interest rates, raising fears about a concomitant lending rate hike, which would deal a big blow to local enterprises that are already struggling to compete with their foreign rivals who can borrow at much lower rates from foreign banks.

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Suspected ejection seat of missing fighter jet found

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Báo Thanh Niên English 2 day(s) ago 1 related news

Suspected ejection seat of missing fighter jet found

Fishermen of Thanh Hoa Province of Sunday found an object believed to be an ejection seat of a Vietnam Air Force fighter jet that crashed into the East Sea earlier this month.

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Bad news for travelers: Vietnamese mobile carriers not interested in Apple SIM

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Báo Tuổi Trẻ English 5 day(s) ago

Bad news for travelers: Vietnamese mobile carriers not interested in Apple SIM

An announcement earlier this week that Apple SIM is now available in 140 additional countries is not cause for celebration from prospective travelers to Vietnam, which is excluded from the list of new destinations to have the coverage.

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MTM gives UPCoM a bad name

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Báo Đầu Tư English 6 day(s) ago

MTM gives UPCoM a bad name

The announcement of suspension of shares of Central Mining and Mineral Import Export Joint Stock Company (MTM) on June 20 by the Hà Nội Stock Exchange has shocked investors.

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Vietnam's central bank to acquire 52 percent stake in PVcomBank

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Báo Thanh Niên English 6 day(s) ago

The State Bank of Vietnam has approved a plan to acquire a stake of 52 percent in state-controlled PVcombank as part of the ongoing restructuring process at the medium-sized lender, local media reported on Wednesday.

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Bad weather covers East Sea

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SaiGon GP English 7 day(s) ago

Bad weather covers East Sea

The Gulf of Tonkin has suffered sea rough and strong wind of level 5- 7 from the south and southeast, reported the National Hydrology Meteorology Forecast Center.
(Photo:SGGP)

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Banks try to cut loan rates but seek Gov't help

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Báo Đầu Tư English 1 week(s) ago

Banks try to cut loan rates but seek Gov't help

Over a month after the State Bank of Viet Nam called on banks to cut interest rates on loans, particularly to businesses, some banks - including joint stock lenders - have reduced their rates by 0.5-1 per cent.

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JICA helps VN restructure SOEs, banking

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

JICA helps VN restructure SOEs, banking

VGP – Deputy PM Vuong Dinh Hue hailed the Japan International Cooperation Agency (JICA)’s researches into State-owned enterprises (SOEs) and banking restructuring, regarding them as crucial assistance and policy consultancy for the Vietnamese Government.

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Coast Guard rescues tourists stranded on Co To Island

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Báo Dân Trí English 1 week(s) ago

Coast Guard rescues tourists stranded on Co To Island

More than 2,000 tourists, stranded on Co To Island, off the northern Vietnamese province of Quang Ninh, due to bad weather, were transported to the mainland June 16, says the Island People’s Committee.

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Thousands stranded on Co To Island because of bad weather

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Báo Dân Trí English 1 week(s) ago

Thousands stranded on Co To Island because of bad weather

More than 2,000 tourists have been stranded on Co To Island in Quang Ninh Province due to bad weather from June 14 to 15.

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VAMC to use cash to buy NPLs

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Báo Đầu Tư English 1 week(s) ago

VAMC to use cash to buy NPLs

The Viet Nam Asset Management Company (VAMC) this year will use cash, departing from the usual practice of using only special bonds, to buy non-performing loans (NPLs), officials said.

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Weekly roundup: Wildlife trafficking, fake cop, bad debt

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Báo Thanh Niên English 2 week(s) ago

Weekly roundup: Wildlife trafficking, fake cop, bad debt

Wildlife trafficking needs to be stopped in Asia Pacific

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Phuong Trang Corp accuses Vietnam bank of disclosing misleading debt information

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Báo Tuổi Trẻ English 2 week(s) ago

Phuong Trang Corp accuses Vietnam bank of disclosing misleading debt information

A popular passenger bus operator in Ho Chi Minh City, whose massive bad debts were disclosed by a local bank earlier this week, fired back on Thursday, saying the lender has used misleading information to damage its reputation.

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Vietnam bank discloses Futa Bus Lines’ $134mn bad debt

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Báo Tuổi Trẻ English 2 week(s) ago

Vietnam bank discloses Futa Bus Lines’ $134mn bad debt

A Vietnamese bank has revealed that a popular Ho Chi Minh City bus line is among its major bad debtors, with disputes over the company’s financial obligations only solved following legal proceedings.

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