A step towards bad debt settlement

0 vote(s)Comment

VOV News English 33 minute(s) ago

(VOV) - The Prime Minister has decided to establish the Vietnam Asset Management Company (VAMC) in an effort to settle bad debts that are hampering banking and business operations.

Keywords: 

Vietnam cabbie returns $2,400, credit cards to forgetful tourists

0 vote(s)Comment

Báo Thanh Niên English 1 day(s) ago

Vietnam cabbie returns $2,400, credit cards to forgetful tourists

Nguyen Kim Tan (right) returns a bag with cash and credit cards to Australian tourist Carter John Frareis in Da Nang. Photo by Van Tien

Keywords: 

NA tells Gov’t to prioritize growth

0 vote(s)Comment

SaigonTimes English 16 hour(s) ago

HANOI – The National Assembly (NA) asked the Government to aim its policies at stimulating growth, while NA Chairman Nguyen Sinh Hung told the NA to join forces with the Government to ride out the tough times.

Keywords: 

VAMC to come online in Q2

0 vote(s)Comment

SaigonTimes English 16 hour(s) ago

HCMC – The decree and project on establishment of the Vietnam Asset Management Company (VAMC) will be adopted quickly to ensure the enterprise starts operating in this quarter.

Keywords: 

Banking restructuring earns initial results: Govn’t

0 vote(s)Comment

Báo Tuổi Trẻ English 20 hour(s) ago

Banking restructuring earns initial results: Govn’t

The national banking restructuring scheme has born initial fruits, said a newly released report from the Government

Keywords: 

WB loans Vietnam $400 mln to reform economy, higher education

0 vote(s)Comment

Báo Thanh Niên English 1 week(s) ago

The World Bank has agreed to provide Vietnam with three concessional loans worth a total US$400 million to help the country reform its economic management and education system.

Keywords: 

BUSINESS IN BRIEF 21/5

0 vote(s)Comment

VietnamNet English 1 day(s) ago

Exports to India rise sharply

Keywords: 

Vietnam says economy at great risk of macroeconomic instability

0 vote(s)Comment

Báo Thanh Niên English 2 day(s) ago

Vietnam still faces “great risk” of macroeconomic instability, a deputy premier said, as credit growth trails behind targets while banks work to reduce elevated bad debt that has hampered growth.

Keywords: 

Credit flow to remain poor despite VAMC: official

0 vote(s)Comment

SaigonTimes English 2 day(s) ago

HANOI – Credit flow will remain stagnant because the upcoming Vietnam Asset Management Company (VAMC) will not be able to quickly resolve the problem of bad debt, said Chairman Vu Viet Ngoan of the National Financial Supervisory Commission.

Keywords: 

Demand for government bonds to fall

0 vote(s)Comment

SaigonTimes English 2 day(s) ago

HCMC – Demand for government bonds will be on the downtrend as credit growth is changing for the better, while the annual coupon of this debt paper is no longer as lucrative as before, Bao Viet Securities Company (BVSC) forecasts.

Keywords: 

VND9 trillion of soft loans for realty companies

0 vote(s)Comment

VietnamNet English 2 day(s) ago 1 related news

VND9 trillion of soft loans for realty companies

VietNamNet Bridge – The State Bank of Vietnam has issued a circular on providing low-interest loans to support the housing segment in line with Resolution 02/NQ-CP, under which as much as 30% or VND9 trillion of a credit line of VND30 trillion will be set aside for local property companies at an annual rate of 6%.

Keywords: 

Coffee to get preferential credit loans

0 vote(s)Comment

Báo Dân Trí English 2 day(s) ago 1 related news

Coffee to get preferential credit loans

The coffee industry would receive preferential credit loans of VND8-10 trillion (US$380.95-476.19 million) from now until 2016 to implement a programme to recultivate old coffee crops, said Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh.

Keywords: 

Package looks to provide silver bullet

0 vote(s)Comment

Báo Đầu Tư English 2 day(s) ago 1 related news

Package looks to provide silver bullet

A long-awaited VND30 trillion ($1.44 billion) credit package was last week rolled out to act as a silver bullet to unlock the stagnant property market.

Keywords: 

Poor workers to get small loans

0 vote(s)Comment

VietNam News English 2 day(s) ago

The Viet Nam General Confederation of Labour has proposed expanding a HCM City-based microfinance fund to help more poor households take out low-interest loans, according to Mai Duc Chinh, deputy head of the conference.

Keywords: 

Coffee growers receive preferential credit loans

0 vote(s)Comment

VOV News English 3 day(s) ago 1 duplicate news 1 related news

Coffee growers receive preferential credit loans

(VOV) -Coffee growers will be provided preferential credit loans worth VND 8,000-10,000 billion from now to 2016, including more than VND3,099 billion for those in the Central Highland province of Lam Dong.

Keywords: 

Top page