HCM City wants to borrow $1.5 billion for transportation and flood prevention

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VietnamNet English 3 day(s) ago

HCM City wants to borrow $1.5 billion for transportation and flood prevention

VietNamNet Bridge - To have enough capital to invest in traffic works and to prevent flooding in the next three years, Ho Chi Minh City has proposed borrowing $1.5 billion of soft loans from the World Bank (WB).

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Vietnam is expected to repay nearly $10bil. in 2014

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VietnamNet English 1 week(s) ago 1 related news

Vietnam is expected to repay nearly $10bil. in 2014

VietNamNet Bridge - The Prime Minister has issued Decision 447 on borrowing and repayment plans in 2014. Limits on government-guaranteed loans and medium and long-term foreign loans of enterprises and organizations in 2014 are also mentioned in the decision.

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Concessionary loans to individual customers at VIB

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Báo Đầu Tư English 1 month(s) ago

Concessionary loans to individual customers at VIB

The Vietnam International Bank (VIB) has officially offered a preferential credit package worth VND2.5 trillion ($119 million with interest rates from 7.99 per cent per annum to individual customers.

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Waterway transport to be inspected in 6

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VietNam News English 1 month(s) ago

The Waterway Traffic Police Department will carry out inspections in the provinces of Thai Binh, Nam Dinh, Thua Thien-Hue, Quang Nam, Ca Mau, and An Giang this month.

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Highest values for customers

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SaigonTimes English 1 month(s) ago

Highest values for customers

The retail banking market in Vietnam has been extremely competitive among more than 100 credit institutions. Therefore, banks must provide customers with the highest value and service from the heart will help to achieve customers’ goals and aspirations. Mr. Rahn Wood, head of Retail Banking at Vietnam International Bank (VIB), shared with The Saigon Times Daily about this market segment in Vietnam.

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China's newest threat: zombies

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Báo Thanh Niên English 1 month(s) ago

China's newest threat: zombies

Zombies could soon threaten china's economy. Photographer: Amc/Everett collection

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Interest rates hamper credit growth

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VietNam News English 2 month(s) ago

Many commercial banks are struggling with a large amount of idling capital that they are unable to disburse given the ongoing situation of stagnant domestic consumerism and weak production.

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Bank asked to do more for the poor

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VietnamPlus English 2 month(s) ago

The Vietnam Bank for Social Policies has been asked to actively design a credit system appropriate to the poverty reduction work in the new era in order to better meet the borrowing demands of poor households and policy beneficiaries.

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Congress extends US borrowing authority until 2015

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Báo Tuổi Trẻ English 2 month(s) ago 1 related news

Congress extends US borrowing authority until 2015

Lawmakers approved a 13-month extension of US borrowing authority with no strings attached Wednesday, shelving a fractious political debate over the nation's debt ceiling until after November's mid-term elections.

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US debt ceiling hike clears House, heads to Senate

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Báo Tuổi Trẻ English 2 month(s) ago 1 duplicate news 1 related news

US debt ceiling hike clears House, heads to Senate

US Republicans capitulated Tuesday to President Barack Obama's call to extend the nation's borrowing authority with no strings attached, dialing back the threat of an election-year fiscal showdown.

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More optimistic business forecasts for 2014: survey

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VietnamPlus English 2 month(s) ago

A recent nationwide survey into Vietnamese enterprises by the Vietnam Chamber of Commerce and Industry (VCCI) showed that business performance in 2014 will be better than last year.

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Bank of England holds interest rate, stimulus amount

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Báo Đầu Tư English 2 month(s) ago

Bank of England holds interest rate, stimulus amount

The Bank of England has voted to freeze its main interest rate at a record-low level of 0.5 per cent, where it has now stood for nearly five years.

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U.S. Treasury Secretary urges Congress to raise debt limit by late Feb

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VietnamNet English 3 month(s) ago

U.S. Treasury Secretary urges Congress to raise debt limit by late Feb

U.S. Treasury Secretary Jacob Lew said on Wednesday that the government would run out of borrowing authority by late February if the Congress does not act to raise the debt limit before that time.

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Treasury: Congress must raise debt cap by late-February

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VietNam News English 3 month(s) ago

The US Treasury has said that it would exhaust its ability to borrow funds to pay all its bills by late February if Congress does not increase the country's borrowing limit.

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US Congress lacks political will to solve financial problems: professor

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Báo Tuổi Trẻ English 3 month(s) ago

US Congress lacks political will to solve financial problems: professor

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