VietinBank enters Forbes list of 2,000 largest enterprises

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Báo điện tử CP English 2 day(s) ago

VGP – The Viet Nam Industrial and Commercial Bank (VietinBank) was one of the four Vietnamese representatives in the Forbes Magazine’s list of 2,000 largest public companies.

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Young children among 9 dead in Bali bridge collapse

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Báo Dân Trí English 7 month(s) ago

Nine Indonesians including three children age three, six and nine, died after a bridge in Bali collapsed on Sunday (Oct 16), said the National Disaster Management Agency (BNPB).

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Vietnam’s foreign currency reserves at record high

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Báo Dân Trí English 8 month(s) ago

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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Vietnam’s foreign currency reserves at record high

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SaiGon GP English 8 month(s) ago 1 related news

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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Moody’s cautious on GDP growth, warns of credit bubble

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VietStock FI English 9 month(s) ago

Global credit rating agency Moody’s Investors Services said yesterday that Cambodia’s B2/stable sovereign credit rating was supported by its robust economic growth and modest debt burden, but its narrowly focused industrial sector and low incomes were weighing on overall economic strength. In addition, the fast pace of credit growth, though slowing over the last year, could pose financial stability risks.

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MFI lending continues on course

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VietStock FI English 9 month(s) ago

MFI lending continues on course

Cambodia's microfinance sector continued to expand rapidly during the first half of the year, despite concerns over rising default rates as the industry’s main borrowers – provincial farmers – struggle to repay their loans after successive seasons of drought and poor harvests.

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Brazilian drug lord turns jail cell into luxury suite

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Báo Dân Trí English 10 month(s) ago

Brazilian drug lord turns jail cell into luxury suite

Paraguayan authorities got a surprise when they raided a Brazilian drug lord's jail cell... and found a three-room luxury suite complete with library, kitchen, conference room and plasma TV.

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Italy hosts first Down's Syndrome 'Olympics'

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Báo Dân Trí English 11 month(s) ago

Italy hosts first Down's Syndrome 'Olympics'

The roar from the stands in Florence could not have been louder if it had been stars Usain Bolt or Shelly-Ann Fraser-Pryce on the track.

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Facebook tests end-to-end encryption on Messenger

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Báo Thanh Niên English 11 month(s) ago

Facebook tests end-to-end encryption on Messenger

Facebook Inc on Friday said it began testing end-to-end encryption on its popular Messenger application to prevent snooping on digital conversations.

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Fitch sets 5 Vietnam bank’s ratings

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Báo Dân Trí English 14 month(s) ago

Fitch sets 5 Vietnam bank’s ratings

Fitch Ratings has issued the long-term issuer default ratings (IDRs) on five Vietnamese banks.

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Regulations slow liberalisation plans

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Báo Đầu Tư English 15 month(s) ago

Regulations slow liberalisation plans

Interest rate liberalisation is an important part of financial reform, promoting safer and more efficient financial markets. It has three components: the introduction of market-driven, competitive deposit rates; the establishment of a legal structure that allows banks to default; and a deposit insurance scheme.

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MOF eases regulations for VAT tax refunds

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Báo Đầu Tư English 15 month(s) ago

MOF eases regulations for VAT tax refunds

The Ministry of Finance has asked local tax authorities to refund value-added tax (VAT) to enterprises if the amount of tax they default on is less than the amount of tax refund that they will receive.

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High Vietnam CDS may drive up bond yields

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Báo Đầu Tư English 16 month(s) ago

High Vietnam CDS may drive up bond yields

In the second half of the year, sovereign credit default swap spreads for Vietnam and three emerging Southeast Asian nations bounced back after dropping significantly in 2014 and remaining low during the first quarters of 2015.

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U.S. flies B-52 over S.Korea after North's nuclear test

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Báo Tuổi Trẻ English 17 month(s) ago 1 related news

U.S. flies B-52 over S.Korea after North's nuclear test

SEOUL - The United States deployed a B-52 bomber on a low-level flight over its ally South Korea on Sunday, in a show of force following North Korea's nuclear test last week.

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Death toll from militant assault on Indian air base grows to at least 10

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Báo Tuổi Trẻ English 18 month(s) ago

Death toll from militant assault on Indian air base grows to at least 10

PATHANKOT, India - A gold medal-winning shooter was among 10 people killed in an audacious pre-dawn assault on an air force base, officials said on Sunday as troops worked to clear the compound in Pathankot, Punjab near India's border with Pakistan after a 15-hour gunbattle.

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