Moody's downgrades Sacombank

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Báo Đầu Tư English 1 week(s) ago

Ho Chi Minh City-based Sacombank’s long-term deposit and issuer ratings have been downgraded to Caa1 from B3 by Moody’s Investors Service. Its ratings outlook remains negative.

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Tentative banks slow hi-tech agricultural credit package

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Báo Đầu Tư English 1 month(s) ago

There is a VND130-140 trillion ($5.72-$6.16 billion) credit package for hi-tech agricultural projects, however, few firms have been able to access it due to cautious banks.

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New virtual 'bilur' currency, tied to oil, takes aim at bitcoin

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Báo Đầu Tư English 1 month(s) ago

GENEVA: A new virtual currency launched on Tuesday (May 2) aims to rival industry leader bitcoin by pegging its value to hard oil assets, a first in the rapidly growing digital money sector.

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Medical fees to rise for people without insurance

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Báo Đầu Tư English 2 month(s) ago

From June, 1,900 medical services will have new price ceilings, which means the rate for many services will rise two- or three-fold, as per a recent health ministry circular.

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Sai Gon - Ha Noi brokerage plans $26m bond issue

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Báo Đầu Tư English 3 month(s) ago

Sai Gon-Ha Noi Securities Joint Stock Co’s managing board has approved a plan to issue bonds worth VND600 billion (US$26.3 million) to raise capital to finance its margin lending business.

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Banks foresee good profit in 2017

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Báo Dân Trí English 3 month(s) ago 2 related news

Compared to 2016, banks are looking at brighter prospects in 2017 as many indexes look like they are on a trend of improvement.

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Banks foresee good profit in 2017

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Báo Đầu Tư English 3 month(s) ago 2 related news

Compared to 2016, banks are looking at brighter prospects in 2017 as many indexes look like they are on a trend of improvement.

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Vietnam to recoup $2.6b bad loans

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Báo Đầu Tư English 4 month(s) ago

The Viet Nam Asset Management Company (VAMC) will take drastic measures to recover around VND33 trillion (US$2.6 billion) of non-performing loans (NPLs) this year, VAMC chairman Nguyen Tien Dong said.

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Farmers struggle to access loans to develop production

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Báo Đầu Tư English 5 month(s) ago

Difficulties in borrowing money from banks have made it difficult for farmers to develop agricultural production in Hà Nội.

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FOLs will help banks revamp

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Báo Đầu Tư English 5 month(s) ago

A rise in foreign ownership limits is needed to importantly help Vietnam speed up the local banking sector’s restructuring.

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VAMC gets new chairman

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Báo Đầu Tư English 6 month(s) ago

The State Bank of Viet Nam on Tuesday announced the appointment of the new chairman of the Viet Nam Asset Management Company (VAMC).

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Bank restructuring: five-year review and prospects to come

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Báo Đầu Tư English 6 month(s) ago

Positive news regarding the restructuring of banks has emerged at year-end.

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Small businesses at risk of getting smaller

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Báo Dân Trí English 7 month(s) ago

Nguyen Van Than, chairman of the Vietnam Association of Small and Medium Enterprises, talks about the difficulties that small firms in Vietnam are facing including a turbulent market and challenging institutions.

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Hà Nội to host January online financial fair

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Báo Đầu Tư English 7 month(s) ago

Consumers who seek information about financial and insurance services can receive advice from service providers at the Online FinFair Việt Nam Week from January 3 to 7, 2017.

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Banks cut back lending for property sector

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Báo Đầu Tư English 7 month(s) ago

The interest rates on medium- and long-term loans to the property sector have recently increased by 1-1.5 percentage points.

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