Stock lending capped at 5 percent of banks' charter capital

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VietnamPlus English 29 minute(s) ago

Starting next February, total outstanding loans that commercial banks and branches of foreign banks may offer for stock investment cannot exceed 5 percent of their charter capital, according to a circular issued on November 21 by the State Bank of Vietnam (SBV).

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Bac Giang strives to make life easier for ailing firms

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VietnamPlus English 15 hour(s) ago

The northern province of Bac Giang has devised a series of measures to support struggling enterprises, including easier access to loans, Deputy Director of the provincial Department of Planning and Investment Bui Thi Thu Thuy said.

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Vietnam caps bank credit for stock investment at 5 pct

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Báo Thanh Niên English 3 day(s) ago

Vietnam caps bank credit for stock investment at 5 pct

Vietnam's central bank will cap bank loans to customers who use the money to invest in shares at a maximum 5 percent of the bank's registered capital, it said in a directive.

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Second Persian Rug exhibition hits Vietnam

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Báo Thanh Niên English 5 day(s) ago 1 related news

Second Persian Rug exhibition hits Vietnam

Iranian artisan Bagher Seirafian (L) discusses a 25-square-meter Persian carpet currently being in the headquarters of the United Nations during a press conference in Hanoi on November 14. Photo credit: Lao Dong

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Vietnam's third Russian sub to arrive next month

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Báo Thanh Niên English 4 day(s) ago

Vietnam's third Russian sub to arrive next month

The HQ-184 Hai Phong (L) at the St. Petersburg-based Admiralty Shipyards in Russia. Photo credit: Admiralty Shipyards

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Rural village outside Vietnam's ancient town seeks to become tourist stop

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Báo Thanh Niên English 7 day(s) ago

Photo credit: Lao Dong (Labor) newspaper

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Dow, S&P 500 at fresh records on solid US, German data

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Báo Đầu Tư English 5 day(s) ago

Dow, S&P 500 at fresh records on solid US, German data

The Dow Jones Industrial Average added 40.07 points (0.23 per cent) at 17,687.82, besting a record set last week by about 35 points.

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SMEs still unable to access bank loans

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VietNam News English 5 day(s) ago 1 related news

SMEs still unable to access bank loans

Only 30 per cent of small- and medium-sized enterprises (SMEs) have access to bank loans while the rest have to use their own capital or borrow from other sources at high interest rates.

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More consumers opt for bank cards

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Báo Đầu Tư English 6 day(s) ago 2 related news

More consumers opt for bank cards

Vietnamese consumers were using 76.13 million bank cards as of October, up 15 per cent against December last year, according to statistics from the State Bank of Viet Nam.

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More consumers opt for bank cards

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VietnamPlus English 6 day(s) ago

Vietnamese consumers were using 76.13 million bank cards as of October, up 15 percent against December last year, according to statistics from the State Bank of Vietnam.

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H’mong village becomes favorite landing spot for paragliders

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Báo Thanh Niên English 6 day(s) ago

Photo credit: The Thao&Van Hoa (Sports&Culture) newspaper

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More consumers opt for bank cards

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VietNam News English 6 day(s) ago 2 related news

More consumers opt for bank cards

Vietnamese consumers were using 76.13 million bank cards as of October, up 15 per cent against December last year, according to statistics from the State Bank of Viet Nam.

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China slowdown deepens as targeted stimulus fails

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Báo Thanh Niên English 1 week(s) ago

China slowdown deepens as targeted stimulus fails

Credit growth in China weakened last month, adding to signs that the world’s second-largest economy slowed further this quarter and testing policy makers’ determination to avoid broader stimulus measures.

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Central bank inspection aims to uncover credit violations

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VietNam News English 1 week(s) ago

The State Bank of Viet Nam (SBV) has announced that its current inspection of banking operations was focusing on fields of high risk, especially credit activity and financial investment.

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Vietcombank increases lending by 10% in 9 months

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VietNam News English 1 week(s) ago

Vietcombank's credit growth reached 10.2 per cent in the first nine months of 2014, with loans totalling VND302.18 trillion (US$14.39 billion), according to its November 12 financial report.

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