Dong could weaken if gov’t borrows from foreign-exchange reserves: experts

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VietnamNet English 1 month(s) ago

Dong could weaken if gov’t borrows from foreign-exchange reserves: experts

VietNamNet Bridge - Some economists have warned that if the government borrows money from the national foreign exchange reserves, the dong’s strength will be affected.

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Government plans to borrow money from nat’l foreign exchange reserves

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VietnamNet English 2 month(s) ago

Government plans to borrow money from nat’l foreign exchange reserves

VietNamNet Bridge - The government has instructed the State Bank of Vietnam to work with relevant ministries to design a mechanism to lend money from national foreign exchange reserves to the government to serve spending.

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Preferential loans benefit Mong ethnic people

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VietnamPlus English 2 month(s) ago

A number of households of the Mong ethnic group in disadvantaged Ta Leng commune, Tam Duong district in the mountainous province of Lai Chau have been able to escape poverty thanks to preferential loans.

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‘Hunger era’ in Vietnam – P4: Borrowing wheat from India, rice from Indonesia

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Báo Tuổi Trẻ English 2 month(s) ago

‘Hunger era’ in Vietnam – P4: Borrowing wheat from India, rice from Indonesia

After national reunification in 1975, Vietnam faced a serious period of malnutrition due to problems in state management and had to borrow wheat from India, rice from Indonesia along with aid from the former USSR.

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Hanoi enjoys more preferences, but remains less dynamic

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VietnamNet English 2 month(s) ago

Hanoi enjoys more preferences, but remains less dynamic

VietNamNet Bridge - Hanoi, the capital city, is believed to be favored over other localities, but lags far behind them in the provincial competitiveness index.

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Vietnamese firms turn to overseas lenders for cheaper loans: report

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

Vietnamese firms turn to overseas lenders for cheaper loans: report

Photo credit: Saigon Times

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Foreign FCs eye VN striker Cong Phuong

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VietnamNet English 3 month(s) ago

Foreign FCs eye VN striker Cong Phuong

VietNamNet Bridge – Seeing the recently dazzling performances of Cong Phuong, a Japanese FC - Avispa Fukuoka, wants to “borrow” the young striker. However, it is not the first foreign team interested in Cong Phuong.

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Government says it will not act as guarantor for financial institutions

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VietnamNet English 3 month(s) ago

Government says it will not act as guarantor for financial institutions

The Ministry of Finance (MOF), which is drafting a decree on public debt management, plans to remove the policy on giving government guarantees for loans from financial institutions.

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HCM City needs US$1.1bln for flood management

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VietNam News English 4 month(s) ago

HCM City needs US$1.1bln for flood management

The HCM City People's Committee will borrow about VND23 trillion (US$1.1 billion) from international banks to fight floods this year, said committee Chairman Le Hoang Quan.

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Comedian Thuy Nga's husband to sue for defamation

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Báo Dân Trí English 5 month(s) ago

Comedian Thuy Nga's husband to sue for defamation

Vietnamese American comedian Thuy Nga's husband has said he will sue her for defamation, alleging lies she has told about him and their marriage have seriously damaged his livelihood.

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Phu Yen finances flood-proof houses

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VietnamPlus English 6 month(s) ago

The central province of Phu Yen has allocated 4.8 billion VND (220,000 USD) for 336 of its impoverished households to build flood-proof houses this year.

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More banks included in soft home loan package

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VietNam News English 6 month(s) ago

The Government included eight more joint stock commercial banks in its VND30 trillion (US$1.395 billion) preferential home loan package as of January 7 this year.

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Will lending in foreign currencies be stopped sooner than expected?

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VietnamNet English 7 month(s) ago

Will lending in foreign currencies be stopped sooner than expected?

VietNamNet Bridge – Businesses are “reading between the lines” and assuming that they will not be able to borrow money in foreign currencies from early 2015.

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New land policy clips IZ developers’ wings

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VietnamNet English 7 month(s) ago

New land policy clips IZ developers’ wings

VietNamNet Bridge – Infrastructure developers and enterprises in IZs say that the government’s new land policy has caused them serious difficulties.

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Vietnam students run, read from mobile libraries

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Báo Tuổi Trẻ English 7 month(s) ago

Vietnam students run, read from mobile libraries

A university student in central Vietnam’s Thua Thien- Hue Province has run a sidewalk library for free, while many students of an elementary school in Ho Chi Minh City have read voraciously from their school’s book closets in the past three years.

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