Banks struggle to raise capital

0 vote(s)Comment

Báo Đầu Tư English 2 day(s) ago

Not only the issues of human resources, bad debt, profit, dividends, but also the pressure of increasing capital to cater for updated standards in line with Basel II are pushing banks to exhaustion before and after their 2017 general shareholders’ meeting (GSM).

Keywords: 

SBV should offer failing banks to foreign investors

0 vote(s)Comment

Báo Đầu Tư English 2 day(s) ago

The vigorous restructuring of “zero VND” banks whose capital is believed to have fallen far below the minimum requirement of VND3 trillion ($140.6 million) is the main goal of the banking system this year. Dr Tran Du Lich, a financial and economic specialist, told VIR’s Thuy Vinh that buying out “zero VND” banks is only a temporary solution. It is time for the State Bank of Vietnam (SBV) to stop interfering with the restructuring of “zero VND” banks.

Keywords: 

Vietnam gov’t to stop paying debts of state-owned companies

0 vote(s)Comment

Báo Tuổi Trẻ English 3 day(s) ago

Vietnam’s government will no longer shoulder the debt burden of state-owned enterprises, Minister of Finance Dinh Tien Dung told lawmakers as the country revises its law on public debts.

Keywords: 

Public debt growth due to missed GDP target: minister

0 vote(s)Comment

Báo Dân Trí English 4 day(s) ago

The main reason for the rapid rise of Vietnam’s public debt is failure to achieve the targeted economic growth rate and the resulting tax collection shortfall, Finance Minister Đinh Tiến Dũng said.

Keywords: 

Press digest – March 20

0 vote(s)Comment

Báo điện tử CP English 4 day(s) ago 3 related news

Keywords: 

NASC mulls draft law on public debt management

0 vote(s)Comment

Báo điện tử CP English 5 day(s) ago 3 related news

VGP – The National Assembly Standing Committee (NASC) debated the draft law on public debt management (amended) on March 20 in Ha Noi.

Keywords: 

NA Standing Committee begins 8th session

0 vote(s)Comment

Báo Dân Trí English 1 week(s) ago 1 duplicate news

The 14th National Assembly (NA)’s Standing Committee on March 14 began its 8th with an agenda full of important contents for the third session of the NA.

Keywords: 

PM asks for detailed development scenarios for realising growth target

0 vote(s)Comment

SaiGon GP English 3 week(s) ago

Keywords: 

VN issues restructuring action programme

0 vote(s)Comment

SaiGon GP English 3 week(s) ago

The Government has issued an action programme to implement the policies on economic restructuring and building of a new growth model for the period between 2016 and 2020.

Keywords: 

SBV removes father and son board members at Sacombank

0 vote(s)Comment

Báo Đầu Tư English 3 week(s) ago 1 related news

The State Bank of Viet Nam yesterday terminated Tram Be’s and Tram Khai Hoa’s membership in the management board at Sai Gon Thuong Tin Joint Stock Commercial Bank (Sacombank).

Keywords: 

Action program seeks to improve growth quality and competitiveness

0 vote(s)Comment

Báo điện tử CP English 1 month(s) ago

VGP – The government has issue an action program to implement the 12th Party Central Committee’s Resolution No. 05-NQ/TW dated November 1, 2016 on a number of guidelines and policies in order to continue innovating the model of growth and enhancing the quality of growth, labor productivity and the competitiveness of the economy and the National Assembly’s Resolution No. 24/2016/QH14 dated November 8, 2016 on the economic restructuring plan in 2016-2020.

Keywords: 

IMF warns against pretending 'unpayable debts' can be paid

0 vote(s)Comment

Báo Đầu Tư English 1 month(s) ago

WASHINGTON: In a not so subtle jab at European officials and their dealings with Greece, the IMF on Thursday (Feb 23) issued a warning against pretending that "unpayable debts" can be repaid.

Keywords: 

Vietnam to recoup $2.6b bad loans

0 vote(s)Comment

Báo Đầu Tư English 1 month(s) ago

The Viet Nam Asset Management Company (VAMC) will take drastic measures to recover around VND33 trillion (US$2.6 billion) of non-performing loans (NPLs) this year, VAMC chairman Nguyen Tien Dong said.

Keywords: 

Germany expects continued IMF aid for Greece

0 vote(s)Comment

SaiGon GP English 1 month(s) ago

Germany has said that it expects the International Monetary Fund to continue participating in the bailout for debt-stricken Greece, despite the lender’s doubts on the issue, source from Vietnamnews.

Keywords: 

Toshiba troubles casts doubt on Vietnamese plans

0 vote(s)Comment

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

Toshiba’s colossal losses and the resulting distrust of creditors may negatively affect its operations in Vietnam and raise questions about the future of its plans here.

Keywords: 

Top page