VPBank Securities honoured with The Asset Triple A Awards

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Báo Đầu Tư English 4 day(s) ago

VPBank Securities honoured with The Asset Triple A Awards

VPBank Securities just won the Best Domestic Bond House Award in 2014 by The Asset Triple A Country Awards.

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Vietnam expands foreign property ownership to boost economy

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Báo Thanh Niên English 2 day(s) ago 2 related news

Vietnam expands foreign property ownership to boost economy

Vietnamese lawmakers approved a law allowing broad foreign ownership of property, as the government seeks to boost an ailing real-estate market and accelerate economic growth.

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Bad debts set to surge as year draws to a close

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Báo Đầu Tư English 3 day(s) ago

Bad debts set to surge as year draws to a close

The year’s later months have proven a challenging time for banks, with bad debts rising sharply.

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Hai Duong plan to build new headquarters criticized

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VietnamNet English 4 day(s) ago

Hai Duong plan to build new headquarters criticized

VietNamNet Bridge – Central government officials and deputies of the National Assembly (NA) have opposed Hai Duong Province’s plan to build a new administrative center at a cost of up to VND2 trillion.

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Central bank seen fueling old China as banks hold key to policy success

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Báo Thanh Niên English 4 day(s) ago

Central bank seen fueling old China as banks hold key to policy success

China’s central bank said its surprise move to cut interest rates for the first time since 2012 is designed to help small firms and protect depositors instead of all-out monetary easing. How the nation’s lenders respond will determine if it works out that way.

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Is China building a mortgage bomb?

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Báo Thanh Niên English 6 day(s) ago

Is China building a mortgage bomb?

The first Chinese interest-rate cut in more than two years is a stark recognition that the world's second-biggest economy is in trouble.

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China ready to cut rates again on fears of deflation: sources

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Báo Thanh Niên English 5 day(s) ago

China ready to cut rates again on fears of deflation: sources

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making.

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Canadian gold firm requests extension on $11m tax debt

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Báo Thanh Niên English 5 day(s) ago

Canadian gold firm requests extension on $11m tax debt

The Canadian owner of two gold mines in central Vietnam has asked the Prime Minister for a two year extension to pay off its VND242 billion (US$11.34 million) in tax arrears.

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BUSINESS IN BRIEF 23/11

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VietnamNet English 5 day(s) ago 1 related news

Phu Quoc seaport gets green light

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China’s PBOC cuts interest rates for first time since 2012

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Báo Thanh Niên English 7 day(s) ago

China’s PBOC cuts interest rates for first time since 2012

China cut benchmark interest rates for the first time since July 2012 as leaders step up support for the world’s second-largest economy, sending global shares, oil and metals prices higher.

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Vietnam caps bank credit for stock investment at 5 pct

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Báo Thanh Niên English 7 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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Long Thanh airport isn't urgent: lawmakers

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Báo Thanh Niên English 1 week(s) ago

Long Thanh airport isn't urgent: lawmakers

Despite agreeing in principal on a government plan to build a new major airport in southern Vietnam, some delegates at the ongoing session of the National Assembly (NA) expressed concern about the project's timeline and possible effectiveness.

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PM Dung seeks to allay concerns about Vietnam's rising public debts

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Báo Thanh Niên English 1 week(s) ago

PM Dung seeks to allay concerns about Vietnam's rising public debts

Vietnam's public debt obligations are rising and could threaten the nation's financial security unless they are closely managed, said Prime Minister Nguyen Tan Dung.

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NA session comes to a close with measures to cut back public debt

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VietnamNet English 1 week(s) ago 2 related news

NA session comes to a close with measures to cut back public debt

Prime Minister Nguyen Tan Dung laid out a series of measures to deal with public debt and bad banking loans by 2020 in his address to lawmakers yesterday.

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Vietnam banks to trim bad debts by year end

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Báo Thanh Niên English 1 week(s) ago

Vietnam banks to trim bad debts by year end

Bad debts in Vietnam's troubled banking system could fall sharply by year-end to 2.5 to 2.7 percent of total loans thanks to debt restructuring and tighter supervision, Prime Minister Nguyen Tan Dung said on Wednesday.

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