Vietnam banks to tighten real estate loans next year under new rules

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Báo Thanh Niên English 13 hour(s) ago

Vietnam banks to tighten real estate loans next year under new rules

Vietnam’s central bank has announced new restrictions on real estate lending in an attempt to prevent bubble risks in the property sector.

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Vietnam banks allowed to resume dollar loans to exporters

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Báo Thanh Niên English 2 day(s) ago

Vietnam banks allowed to resume dollar loans to exporters

Vietnam’s central bank has permitted commercial lenders to resume dollar loans to export businesses starting June 1, two months after it banned that activity, amid economic difficulties.

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Margin trade ban won't harm market

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Báo Đầu Tư English 4 day(s) ago

Margin trade ban won't harm market

The circular that puts a stop to foreign investors' margin trading from July 1 would not affect capital flow in the local market, said securities experts.

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Loans aimed for social housing

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Báo Đầu Tư English 1 week(s) ago

Loans aimed for social housing

Hanoi - Hundreds of trillions of đồng in preferential loans will be provided for social housing development, according to chairman of the Việt Nam Real Estate Association Nguyễn Trần Nam.

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Lending rules should be changed gradually: banks

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Báo Dân Trí English 1 week(s) ago

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.

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Lending rules should be changed gradually: banks

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Báo Đầu Tư English 1 week(s) ago

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.

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State strengthens imported food product safety controls

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Báo Đầu Tư English 1 week(s) ago

State strengthens imported food product safety controls

To strengthen safety controls for imported food products, the Ministry of Health (MOH) issued Circular No 52/2015/TT-BYT, dated December 21, 2015, on State inspection protocols to ensure the safety of imported food products, detailing the documents needed for the application dossier and the procedure for granting a certificate for exported food products under the administration of the MOH (Circular 52). Accordingly, all such imported food products are subject to a state inspection for safety, conducted by inspection agencies designated by...

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Banks baulk at strict rules in SBV’s Circular 36

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Báo Đầu Tư English 1 week(s) ago

Banks baulk at strict rules in SBV’s Circular 36

Various banks have requested a delay in Circular 36 amendments, stating that stricter lending rules will hurt their business.

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Groupe Casino to pay $220 million in tax after sale of Big C Vietnam

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Báo Đầu Tư English 3 week(s) ago

Groupe Casino to pay $220 million in tax after sale of Big C Vietnam

Groupe Casino may have to pay $220 million in tax after selling the Big C Vietnam chain to Thai conglomerate Central Group.

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Circular loosens air travel restrictions on carrying liquids

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SaiGon GP English 3 week(s) ago

Circular loosens air travel restrictions on carrying liquids

Passengers taking domestic flights in Viet Nam can now carry liquids, aerosols and gels on their flights, the Civil Aviation Authority of Việt Nam (CAAV) announced.

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VN-Index may continue climb in Q2

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Báo Đầu Tư English 3 week(s) ago

VN-Index may continue climb in Q2

The VN-Index continues to move below the long-term growth trend (trend-line 1) and extend the medium-term trend (trend-line 3) which started in 2012, with the compound annual growth rate (CAGR) for the whole period at 12.8 per cent (as shown in the graph). To assess the market outlook of the VN-Index in the second quarter of 2016, we should start at its fundamental value.

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Vietnam lifts liquid ban on domestic flights

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam lifts liquid ban on domestic flights

Passengers taking domestic flights in Vietnam are now allowed to keep all sizes of liquids, aerosols and gels with them in the cabin, as a new circular entered into force on Sunday.

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Culture ministry grapples with nude photography dispute

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Báo Dân Trí English 1 month(s) ago

Culture ministry grapples with nude photography dispute

Several photographers have voiced their opposition to a new Ministry of Culture, Sports and Tourism circular that bans artists and models from nude photography, saying that they would ignore the circular.

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Circular tightens offshore borrowings

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Báo Đầu Tư English 1 month(s) ago

Circular tightens offshore borrowings

A circular containing new regulations on offshore borrowing took effect on April 15, expanding the central bank’s control over offshore borrowings to short-term loans. Doan Tu Tich Phuoc, lawyer at Duy Long Legal LLC, provides some insight on the topic.

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Firms adapt to anti-dollar drive

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

Firms adapt to anti-dollar drive

Domestic firms have taken the first measures in an effort to adapt to the State Bank of Viet Nam (SBV)'s new regulation on tightening foreign currency credit.

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