Businesses troll for capital as corporate bond market cools

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VietnamNet English 2 day(s) ago

VietNamNet Bridge – As few investors are buying corporate bonds, businesses are desperately seeking capital.

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Metro Cash & Carry’s business performance questioned

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VietnamNet English 6 day(s) ago

Metro Cash & Carry’s business performance questioned

VietNamNet Bridge – Though revenue has increased by 24 times over the last 12 years and its network expanded to many areas, Metro Cash & Carry (MCC) has not paid any corporate income tax since the day it entered Vietnam in 2002.

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Vietnam makes strides in applying int’l labour standards

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VietnamPlus English 1 week(s) ago

Vietnam has made remarkable strides in the application of international labour standards, a means to ensure sustainable corporate growth and rights of workers, experts said at a Ho Chi Minh City workshop on August 14.

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Vietnam shifts to bonds as sour-debt burden strains bank lending

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Báo Thanh Niên English 1 week(s) ago

Vietnam shifts to bonds as sour-debt burden strains bank lending

Vietnam’s corporate bond sales are rising as banks saddled with sour loans curb their lending, prompting borrowers to issue notes amid sliding costs.

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Banks still sceptical of corporate credit ratings

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VietNam News English 1 week(s) ago

Corporate creditworthiness rating is a good platform facilitating banks in risk management, non-collateral loans and quick capital disbursement, but lenders are still sceptical about the degree of transparency in ratings.

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Finance minister pledges to axe multiple tax procedures

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VietnamNet English 1 week(s) ago

Finance minister pledges to axe multiple tax procedures

VietNamNet Bridge – Minister of Finance Dinh Tien Dung has pledged a significant reduction of the time required for corporate tax declarations and payments, and an elimination of unnecessary procedures to support businesses in the final months of the year.

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Unsecured loans still stopped up despite SBV instruction

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

Unsecured loans still stopped up despite SBV instruction

Getting unsecured loans from banks has proven a headache for firms, despite the State Bank of Vietnam’s recent order that banks develop a corporate credit rating system to make it easier for them to access bank capital.

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Credit rating system needed to spur lending

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VietStock FI English 1 week(s) ago 1 related news

Credit rating system needed to spur lending

State Bank of Vietnam Deputy Governor Nguyen Phuoc Thanh recently stressed the need for local credit institutions to develop a corporate credit rating system to boost credit growth, but banks need to do better at mitigating their risk to control bad debts.

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Credit rating system needed to spur lending

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Báo Đầu Tư English 1 week(s) ago

Credit rating system needed to spur lending

State Bank of Vietnam Deputy Governor Nguyen Phuoc Thanh recently stressed the need for local credit institutions to develop a corporate credit rating system to boost credit growth, but banks need to do better at mitigating their risk to control bad debts.

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Vietnam to ride second wave of M&A

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Báo Đầu Tư English 1 week(s) ago

Vietnam to ride second wave of M&A

As Vietnam prepares for a second wave of mergers and acquisitions (M&A), Tran Manh Hung, a managing lawyer with BMVN, a member firm of Baker & McKenzie, offered VIR his insight into the advantages and potential dangers involved.

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VND2 trillion planned for supporting industries fund

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VietnamNet English 2 week(s) ago

VND2 trillion planned for supporting industries fund

VietNamNet Bridge – The Government is expected to set aside VND2 trillion for a fund to financially assist individual and corporate producers and suppliers of products and services for supporting industries.

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Citi Vietnam named Best Corporate/Institutional Internet Bank for the third year

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Báo Đầu Tư English 2 week(s) ago

Citi Vietnam named Best Corporate/Institutional Internet Bank for the third year

Citi Vietnam has been recognised as “Best Corporate/Institutional Internet Bank in Vietnam by Global Finance magazine’s 2014 World’s Best Internet Banks competition, for the third consecutive year.

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Drastic restructuring needed among SOEs

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VietnamPlus English 2 week(s) ago 1 related news

Drastic restructuring needed among SOEs

The Ho Chi Minh City authorities need to invoke drastic measures to restructure State-owned enterprises as the process faces cumbersome policies and poor corporate governance, experts have warned.

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IBM-Apple app deal for businesses hits snag as China spurns iPad

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

IBM-Apple app deal for businesses hits snag as China spurns iPad

International Business Machines Corp. (IBM)’s goal to dominate the business application market through a partnership with former rival Apple Inc. has hit a snag where IBM has faced challenges before: China.

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Drastic restructuring needed among SOEs

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VietNam News English 2 week(s) ago 1 related news

The HCM City authorities needs to invoke drastic measures to restructure State-owned enterprises as the process faces cumbersome policies and poor corporate governance, experts have warned.

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