Vietnam chemical giant calls for gov’t help with $125mn Chinese loan

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Báo Tuổi Trẻ English 2 week(s) ago

When its fertilizer plant funded by Chinese bank loans was bogged down by losses, state-run Vietnamese chemical giant Vinachem immediately turned to the government for help, instead of seeking solutions to revitalize the loss-making project.

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AIA Vietnam and Shinhan Bank continue digital partnership

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Báo Đầu Tư English 2 week(s) ago

AIA Vietnam and Shinhan Bank continue their teamwork on digital services, aiming to bring a new series of innovations to consumers.

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Anti-flooding projects in Ho Chi Minh City halted following ODA cut

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Báo Tuổi Trẻ English 2 week(s) ago

Authorities in Ho Chi Minh City are now uncertain about how to mobilize capital for major anti-flooding projects after the World Bank ended its official development assistance (ODA) last month.

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Commercial banks prowling Vietnamese retail business

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Báo Đầu Tư English 2 week(s) ago

Commercial banks in Vietnam are racing to develop their retail banking segment, heating up the competition in the market.

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Markets decline as bank and energy stocks slump

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Báo Đầu Tư English 2 week(s) ago

Both market indices fell on Tuesday morning as large-cap stocks, particularly from the energy sector, lost momentum.

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VIB to acquire Ho Chi Minh City branch of Commonwealth Bank

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Báo Tuổi Trẻ English 2 week(s) ago

Vietnam International Bank (VIB) has reached an agreement with the Commonwealth Bank of Australia (CBA) to acquire its Ho Chi Minh City branch, the local commercial lender announced without disclosing the value of the deal on Monday.

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Ex-Barclays CEO appears in court over fraud charges

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Báo Đầu Tư English 2 week(s) ago

LONDON: Former Barclays chief executive John Varley appeared in a London court on Monday (Jul 3) over fraud accusations, the first time a boss of a global bank has faced charges arising from the 2008 financial crisis.

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Breakfast @ Tuoi Tre News – July 4

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Báo Tuổi Trẻ English 2 week(s) ago

Check out the news you should not miss today, July 4:

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Markets advance further on banks, brokerages

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Báo Đầu Tư English 2 week(s) ago

Shares rose further on both local markets on Monday morning, boosted by banking-finance companies.

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International lenders vital to rise up SMEs

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Báo Đầu Tư English 2 week(s) ago

Alongside the state’s recent legislative support for the small and medium sized enterprises (SME) sector, the financial acumen of international lenders is proving invaluable in taking the next step. Trang Nguyen reports.

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Vietnam department head claims personal $887k villa complex funded by bank loans

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Báo Tuổi Trẻ English 2 week(s) ago

Few Vietnamese would turn to bank loans to finance a US$887,000 house buidling plan, but the director of a provincial department has asserted that it is how his 1.3 hectare villa complex was funded.

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VN stocks up for second straight day

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Báo Đầu Tư English 3 week(s) ago

Vietnamese shares extended gains for a second session in both local markets on Thursday, driven by the financial sector.

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WB, Construction Ministry partner in urban, infrastructure development for 2017-2021

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Báo điện tử CP English 3 week(s) ago 7 related news

VGP – Viet Nam’s Ministry of Construction and the World Bank (WB) in Ha Noi on June 28 signed a memorandum of understanding (MoU) on establishing a partnership on urban development and infrastructure for the 2017-2021 period.

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World Bank stands behind seed sector in Mekong countries

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Báo Đầu Tư English 3 week(s) ago 1 related news

On June 27, the World Bank Group and the Ministry of Agriculture and Rural Development co-organised a regional workshop targeting to support high-quality seed sources for farmers as well as build regulations in the certification and licensing of seeds in Mekong countries.

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Deputy PM works with World Bank on trade facilitation

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Báo Đầu Tư English 3 week(s) ago

Deputy Prime Minister Vương Đình Huệ worked with the World Bank on Monday to discuss trade facilitation, logistics development and the national single window mechanism.

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