Market must tackle mid-long term credit

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VietNam News English 1 day(s) ago

Viet Nam's capital market should be developed to handle the mid-long term credit demand of the economy, leaving the management of short credit and financial services to the banking system.

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The State Bank of Vietnam and Deloitte Vietnam jointly held FATCA conference

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Báo Đầu Tư English 2 day(s) ago

The State Bank of Vietnam and Deloitte Vietnam jointly held FATCA conference

A conference for updates on the Foreign Account Tax Compliance Act (FATCA), jointly held by the State Bank of Vietnam (SBV) and Deloitte Vietnam and attracting representatives from more than 130 credit institutions and foreign banks’ branches, took place in Hanoi later last week.

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Property market early rebound unlikely: economist

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VietnamPlus English 2 day(s) ago

Director of the Business Development Institute Le Xuan Nghia discussed with the Vietnam Investment Review why he is wary of the effect the property-oriented preferential credit packages will have on the market.

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Non-performing loans ratio stays high in HCM City

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VOV News English 2 day(s) ago 2 related news

There were US$2.183 billion, worth of non-performing loans (NPLs) in Ho Chi Minh City at the end of March, accounting for 4.85 percent of the city's total loans.

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Non-performing loans ratio stays high in HCM City

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VietnamPlus English 2 day(s) ago 2 related news

There were 45.85 trillion VND, or 2.183 billion USD, worth of non-performing loans (NPLs) in Ho Chi Minh City at the end of March, accounting for 4.85 percent of the city's total loans.

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Investment guru ‘Mr Doom’ to speak in Vietnam

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

Investment guru ‘Mr Doom’ to speak in Vietnam

Legendary investment advisor Marc Faber, also known as Mr Doom, will speak to local and international investors whether the terminal phase of a gigantic global credit and asset bubble has been reached at an event on June 19 in Vietnam.

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Expert: Property market rebound unlikely

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Báo Đầu Tư English 3 day(s) ago

Expert: Property market rebound unlikely

Director of the Business Development Institute Le Xuan Nghia discussed why he is wary of what effect the property-oriented preferential credit packages will have on the market.

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BUSINESS IN BRIEF 20/4

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VietnamNet English 4 day(s) ago

Japanese firm makes battery-powered bikes in city

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Credit quality more important than growth: economists

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Báo Thanh Niên English 5 day(s) ago

Credit quality more important than growth: economists

Bank tellers count money for a customer at a bank branch in Hanoi

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Capital flows to government bonds

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VietnamPlus English 6 day(s) ago 1 related news

The English language news website VietNamNet Bridge on April 18 reported that banks have had to inject their money into government bonds as credit gets stuck.

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Biomass power projects offered preferential treatments

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VietnamPlus English 6 day(s) ago

Biomass power projects can enjoy preferential treatments in terms of investment capital, investment credit, export credit and import tax exemption of materials and other goods that make fixed assets for the projects, Vietnam Economic News reported on April 18.

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Banks’ money flowing to government bonds

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VietnamNet English 6 day(s) ago 1 related news

VietNamNet Bridge – As credit gets stuck, banks have had to inject their money into government bonds.

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Bank merger deals near

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VietnamNet English 6 day(s) ago

The banking sector is likely to see a series of merger and acquisition deals in the next few months after a series of banks announced their plans to merge with other credit institutions.

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Vietnam bank lending increases for 1st time in 2014

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Báo Thanh Niên English 2 week(s) ago

Last month banking credit grew for the first time this year, according to a report released recently by the State Bank of Vietnam.

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VAMC reduces interest rate of bad debts

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SaiGon GP English 7 day(s) ago 2 related news

Vietnam Asset Management Company (VAMC) has announced an interest rate reduction to bad debts.

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