Guarantees for loans to be shouldered by banks, not government

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VietnamNet English 7 hour(s) ago

Guarantees for loans to be shouldered by banks, not government

VietNamNet Bridge - The government plans to transfer its burden of acting as a guarantor for loans to commercial banks in an effort to better control public debt.

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Many bankers handled roughly in 2015

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VietnamNet English 1 day(s) ago 1 related news

Many bankers handled roughly in 2015

VietNamNet Bridge - The bankers that were seriously criticized by the local press in 2015 were those that managed banks involved in bad debt scandals.

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Banker's accounts said to be frozen in Singapore 1MDB probe

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Báo Thanh Niên English 4 day(s) ago 1 related news

A private banker at Grupo BTG Pactual SA’s Singapore unit had his bank accounts frozen and was questioned in a probe related to a debt-ridden Malaysian government investment fund, according to people familiar with the case.

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Bad debt settlement process going slowly

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VietnamNet English 6 day(s) ago 1 related news

Bad debt settlement process going slowly

VietNamNet Bridge - VCB Securities believes that the bad-debt ratio of the national economy may be as high as 11.02 percent.

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See three Fed rate hikes this year: BNP Paribas

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Báo Thanh Niên English 1 week(s) ago

Manishi Raychaudhuri, Asia-Pacific equity strategist at BNP Paribas, discusses the Fed statement, the number of times the Fed will hike rates in 2016 and debt overhang in emerging markets. He speaks to Bloomberg's Angie Lau on "First Up."

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Post TPP outlook bright for VN economy: experts

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VietnamNet English 1 week(s) ago

Post TPP outlook bright for VN economy: experts

VietNamNet Bridge – A brighter outlook is forecast for the Vietnamese economy this year and the following years amid difficulties and challenges, according to economic expert Nguyen Quynh Nga.

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Vietnam's public debt rises to 61.3 percent of GDP: report

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Báo Thanh Niên English 2 week(s) ago

Vietnam's public debt rises to 61.3 percent of GDP: report

Vietnam's public debt was equivalent to 61.3 percent of its gross domestic product at the end of last year, up 60.3 percent in 2014, local media reported on Wednesday, citing new figures released by the finance ministry.

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IMF opens search for top job; Lagarde has offered to serve again

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Báo Thanh Niên English 2 week(s) ago

IMF opens search for top job; Lagarde has offered to serve again

The International Monetary Fund said it plans an open selection process for its top job and will begin accepting nominations on Thursday, even though Christine Lagarde has said she is open to another term leading the crisis lender.

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Radical restructuring urged to optimise integration opportunities

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VOV News English 2 week(s) ago

Radical restructuring urged to optimise integration opportunities

Drastic, comprehensive and consistent economic restructuring is needed in order to optimise opportunities brought by the strong international integration process in 2016-2020, experts have said.

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Vietnam's economy is an emerging market standout

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Báo Thanh Niên English 2 week(s) ago

Vietnam's economy is an emerging market standout

Entrepreneur Le Thi Hang is scouting sites to open two more convenience stores in Hanoi, encouraged by rising sales at her one-year old shop.

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US to pay Iran $1.7 bn in debt and interest: Kerry

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Báo Dân Trí English 2 week(s) ago 1 duplicate news 7 related news

US to pay Iran $1.7 bn in debt and interest: Kerry

The United States is to repay Iran a $400 million debt and $1.3 billion in interest dating to the Islamic revolution, Secretary of State John Kerry said Sunday.

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Poor provinces request more ODA

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VietnamNet English 2 week(s) ago 1 related news

Poor provinces request more ODA

VietNamNet Bridge - About $15.5 billion worth of preferential loans within the framework of official development assistance (ODA) have been allocated to localities in the last 10 years. However, most of the capital has been allocated to rich provinces because poor localities have few ODA projects.

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HCM City’s banking system prioritises supporting businesses

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VOV News English 3 week(s) ago

Commercial banks in Ho Chi Minh City will focus on taking measures to provide small- and medium-sized enterprises and businesses operating in the supporting industry with low-interest loans.

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VAMC issues VND243 trillion of special bonds

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VOV News English 3 week(s) ago

VAMC issues VND243 trillion of special bonds

The Vietnam Asset Management Company (VAMC) issued over VND234 trillion (US$10.4 billion) worth of special bonds as of 2015, according to VAMC General Director Nguyen Huu Thuy.

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Debt-ridden Vinalines ordered to sell all shares in 9 seaports

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Báo Thanh Niên English 3 week(s) ago

Debt-ridden Vinalines ordered to sell all shares in 9 seaports

Vinalines, a state shipping giant that has been drowned in debts over the past few years, will have to sell its entire stakes in nine seaports around the country, the government's office announced on Wednesday.

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