Saigon restaurant director arrested for defrauding Aussie tourist with $30k credit card charge

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Báo Tuổi Trẻ English 1 month(s) ago

An Australian man who had to pay AUD39,429 (US$30,000) to dine at a restaurant in downtown Ho Chi Minh City last year has been found to be cheated by no one but the director of the very eatery in question.

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Post-investment credit guarantees of cooperative development support fund

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Báo điện tử CP English 1 month(s) ago

VGP – The PM has recently issued Decision No. 23/2017/QD-TTg revising and supplementing a number of articles of Decision No. 246/2006/QD-TTg dated October 27, 2006 on the establishment of the Cooperative Development Support Fund and the issuance of the Fund’s post-investment credit guarantee and interest rate support regulation.

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Local banks recovering from a long slump

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Báo Đầu Tư English 1 month(s) ago

Since the beginning of this year the shares of many banks have appreciated significantly, with the increases ranging from 8 per cent to even 80 per cent.

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Vietcombank enters Asia’s Top 1000 list

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Báo điện tử CP English 2 month(s) ago

VGP – The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) was the only Vietnamese bank to join the list of Asia’s Top 1000 Brands survey, the region’s most comprehensive research on consumer brand perception, presented by Campaign Asia-Pacific and based on an exclusive survey conducted by Nielsen.

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Vekic shocks Konta to win Nottingham title

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Báo Đầu Tư English 2 month(s) ago

Donna Vekic ruined Johanna Konta's bid to win her first title on home soil as the Croatian beat the British number one in the Nottingham Open final on Sunday.

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City banks create $5b link-up programme

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Báo Đầu Tư English 2 month(s) ago

A banking-enterprises link-up programme in HCM City has enabled 4,138 businesses to borrow over VND124.3 trillion (US$5.5 billion) from banks in the first five months of this year, a conference heard on Friday.

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Deputy PM answers questions at NA’s Q&A session

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Báo điện tử CP English 2 month(s) ago

VGP – Permanent Deputy PM Truong Hoa Binh responded to a series of questions on the Government's responsibilities at the NA's Q&A session on June 15.

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Real estate lending disguised as consumer lending

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Báo Đầu Tư English 2 month(s) ago

The increasing interest rates on house buying and housing repair loans at commercial banks raise worries about the liquidity of the Vietnamese economy.

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Moody's downgrades Sacombank

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Báo Đầu Tư English 2 month(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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Quang Tri seeks to develop macadamia farming

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Báo Đầu Tư English 2 month(s) ago

The Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) will give central Quang Tri province a credit package worth VND500 billion (US$22 million) to help the locality develop macadamia farming.

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VN banks struggle to keep interest rates steady

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Báo Đầu Tư English 2 month(s) ago

From mid-March, Sacombank has been offering certificates of deposit (CDs) denominated in dong to individuals and companies.

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Credit growth shows positive signs

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Báo điện tử CP English 2 month(s) ago 4 related news

VGP – As of May 25, credit growth expanded 6.53%, higher than the rate of 5% in the same period in 2016 and 4% in 2015. The figure showed positive signs amidst unfavorable economic context and slow public investment disbursement, said a senior official.

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SBV forecast to raise credit growth by 1-2%

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Báo Đầu Tư English 2 month(s) ago

The central bank is likely to raise credit growth target by 1-2 per cent from the original 17-18 per cent for 2017, the Bao Viet Securities Company (BVSC) said.

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Banks remain backers of property market

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Báo Đầu Tư English 2 month(s) ago

The real estate market is recovering strongly and attracting huge sums of money from banks, foreign investors and overseas Vietnamese.

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European stocks tread water before Fed minutes

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Báo Đầu Tư English 3 month(s) ago

LONDON: European equities traded broadly flat on Wednesday (May 24), despite gains across most of Asia, as dealers waited on news from the Federal Reserve's most recent policy meeting.

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