Canadian gold miner suspends operations in Quang Nam for tax debts

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VietnamNet English 2 hour(s) ago 1 related news

Canadian gold miner suspends operations in Quang Nam for tax debts

Besra Company on July 23 announced that they have suspended operations at Phuoc Son and Bong Mieu mine sites in the central province of Quang Nam after their bank accounts were blocked by the province’s Tax Department for delaying tax payment.

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Vietnam's largest gold mine boarded up for back taxes

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Báo Dân Trí English 4 hour(s) ago 1 related news

Vietnam's largest gold mine boarded up for back taxes

The Bersa Vietnam Group has been forced to stop their mining activities at the Phuoc Son gold mine, the largest of its kind in Vietnam, due to mounting tax debt.

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Starbucks seeks to expand in cafe-clogged Vietnam

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Báo Tuổi Trẻ English 1 day(s) ago

Starbucks seeks to expand in cafe-clogged Vietnam

With more coffee shops per square mile than probably anywhere on earth, opening a cafe in Vietnam's capital could be a bit of a gamble. This week, U.S. coffee chain Starbucks is opening three of them.

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WB rural finance project takes root in Vietnam

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Báo Dân Trí English 3 day(s) ago 6 related news

WB rural finance project takes root in Vietnam

Vietnam is the country in which World Bank's rural finance project has been the most successful, an achievement that gained it enough support to guarantee its continuation.

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Bad debt settlement still an uphill battle

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VOV News English 4 day(s) ago 1 related news

Bad debt settlement still an uphill battle

(VOV) - The rate of nonperforming loans (NPLs) in Vietnamese commercial banks rose in the first half of the year from 3.61% in late 2013 to 4.84% in late June 2014, and the State Bank of Vietnam (SBV) reports total bad debts stand at VND240,000 billion.

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Vietnamese banks on track for listings

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VietnamNet English 5 day(s) ago

Vietnamese banks on track for listings

A majority of Viet Nam's commercial banks are planning to list on one of the two national indices by 2015, according to HCM City Stock Exchange deputy general director Tran Anh Dao.

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BUSINESS IN BRIEF 20/7

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VietnamNet English 5 day(s) ago 1 related news

Vietnam making great strides as a footwear supplier

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Experts optimistic about credit market

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VietnamPlus English 7 day(s) ago

Experts have shown optimism despite the slow credit growth over the past six months, which had raised concerns over the banking system's ability to reach the year's target of 12-14 percent growth.

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Lending to pick up in the third quarter

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VietNam News English 1 week(s) ago

With a rallying economy and help of policies supported by the Government, credit institutions expect better business results in the third quarter of this year.

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Experts optimistic about credit market

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

Experts optimistic about credit market

Experts have shown optimism despite the slow credit growth over the past six months, which had raised concerns over the banking system's ability to reach the year's target of 12%-14% growth.

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Drastic measures to boost credit growth

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VietnamPlus English 1 week(s) ago 1 related news

In the first half of 2014, lending rose by 3.52 percent compared with the same period last year. Although it fell short of expectations, there is still hope that the credit growth target for the whole year can be achieved, given the economy is showing signs of recovery.

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World Bank President visits Vietnam

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VietnamNet English 1 week(s) ago

World Bank President visits Vietnam

VietNamNet Bridge - On July 17, World Bank President Jim Yong Kim started his official visit to Vietnam to strengthen the relationships between the two sides.

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Lending interest rates in VND forecast to decrease slightly

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VietnamPlus English 1 week(s) ago

Lending interest rates in VND forecast to decrease slightly

More than 70 percent of credit organisations predict that both deposit and lending interest rates in Vietnamese dong this year will reduce by 1.24 percent and 1.43 percent a year, respectively, in comparison with the levels at the end of 2013.

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Commercial banks on track for listings

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VietnamPlus English 1 week(s) ago 1 related news

A majority of Vietnam's commercial banks are planning to list on one of the two national indices by 2015, according to Deputy General Director of the Hochiminh Stock Exchange Tran Anh Dao.

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Vietnamese banks on track for listings

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VietNam News English 1 week(s) ago 1 related news

Vietnamese banks on track for listings

A majority of Viet Nam's commercial banks are planning to list on one of the two national indices by 2015, according to HCM City Stock Exchange deputy general director Tran Anh Dao.

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