US$ 300 million for rural transport and coastal forest protection

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Báo điện tử CP English 3 week(s) ago 1 related news

VGP – The World Bank (WB) has ratified a loan worth US$ 300 million for Viet Nam to reinforce transport connectivity in rural areas and protect forests along eight coastal localities.

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Ocean Bank finds new foreign owner

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Báo Đầu Tư English 3 week(s) ago

A source of VIR revealed that the zero VND Ocean Commercial Joint Stock Bank (Ocean Bank) has been sold to a foreign bank in Asia.

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IPO to look out for: VRG’s mega-land bank

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Báo Đầu Tư English 3 week(s) ago

With a massive land fund, Vietnam Rubber Group (VRG) is a name many investors pay close attention to. However, due to its huge capitalisation, VRG has yet to select a strategic investor, although there are only a few days until its initial public offering (IPO).

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World Bank approves $300mn finance for Vietnam’s transport connectivity, forest protection

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Báo Tuổi Trẻ English 3 week(s) ago

The World Bank has approved new financing worth US$300 million to help Vietnam improve connectivity in Central Highlands and create more jobs in coastal provinces.

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Vietcombank enters Asia’s Top 1000 list

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Báo điện tử CP English 3 week(s) ago

VGP – The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) was the only Vietnamese bank to join the list of Asia’s Top 1000 Brands survey, the region’s most comprehensive research on consumer brand perception, presented by Campaign Asia-Pacific and based on an exclusive survey conducted by Nielsen.

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SBV looks to up foreign reserves

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Báo Đầu Tư English 1 month(s) ago

The State Bank of Viet Nam’s transaction centre this week raised the reference buying rate for the US dollar by VND50 to VND22,725, revealing its intention to expand foreign reserves.

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HCM City remittances worth $2.1 billion in H1

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Báo Đầu Tư English 1 month(s) ago

Remittances to HCM City in the first six months of the year were worth US$2.1 billion, marginally up from the same period last year, according to the State Bank of Viet Nam’s HCM City branch.

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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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Ex-Barclays CEO charged with fraud over Qatar funding

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Báo Đầu Tư English 1 month(s) ago

Britain's Serious Fraud Office said Tuesday it had charged Barclays bank and four former managers, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.

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VN Index slips on profit-taking pressure

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

The benchmark VN Index inched down 0.1 per cent to 766.4 points on Tuesday morning on rising profit-taking pressure, especially on large-cap stocks.

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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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SE Asia Stocks-Rise as risk sentiment improves; Vietnam hits 9-yr high

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Báo Tuổi Trẻ English 1 month(s) ago

Most Southeast Asian stock markets ended higher on Monday on improved risk sentiment as investors looked past the U.S. Federal Reserve's decision last week to raise interest rates, with Vietnam hitting at a fresh nine-year closing high.

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Experts call to raise USD deposit rate

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Báo Đầu Tư English 1 month(s) ago

The policy of zero interest rate on USD deposits is showing some shortcomings and the State Bank of Vietnam (SBV) may need to increase it, especially in light of certain pressures on the VND/USD exchange rate.

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Kebo Netherlands, an opportunity to export to Europe

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Báo Đầu Tư English 1 month(s) ago

Europe is a large and attractive market, but it is also difficult for Vietnamese enterprises to enter, due to strict quality standards and requirements. The European market is more demanding than others because of the many countries and languages involved as well as the diversity in taste. However, once in, Vietnamese exporters can make bank on the huge European demand and goods can flow unobstructed from one country to another.

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City banks create $5b link-up programme

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Báo Đầu Tư English 1 month(s) ago

A banking-enterprises link-up programme in HCM City has enabled 4,138 businesses to borrow over VND124.3 trillion (US$5.5 billion) from banks in the first five months of this year, a conference heard on Friday.

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