Vietnam to resume short-term forex loans from June 1: cbank

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Báo Tuổi Trẻ English 22 hour(s) ago 1 related news

Vietnam to resume short-term forex loans from June 1: cbank

Vietnam's central bank has allowed commercial banks to resume short-term loans in foreign currencies from next month to help businesses cope with recent adverse weather impacts and accelerate economic growth.

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Vietnam to resume short-term forex loans from June 1: central bank

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

Vietnam's central bank has allowed commercial banks to resume short-term loans in foreign currencies from next month to help businesses cope with recent adverse weather impacts and accelerate economic growth.

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Lending rules should be changed gradually: banks

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Báo Dân Trí English 1 week(s) ago

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.

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70,000 teachers to be jobless

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Báo Dân Trí English 1 week(s) ago

70,000 teachers to be jobless

More than 70,000 teachers are likely to be out of jobs by 2020 since the demand is far short of supply, according to educational experts.

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Fitch affirms VN at “BB-” outlook stable

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Báo điện tử CP English 1 week(s) ago

Fitch affirms VN at “BB-” outlook stable

VGP - Fitch Ratings affirmed Viet Nam's Long-Term Foreign-and Local-Currency IDRs at ‘BB-'with a Stable Outlook. The issue ratings on Viet Nam's senior unsecured Foreign- and Local-Currency bonds are also affirmed at 'BB-'. The Country Ceiling is affirmed at 'BB-' and the Short-Term Foreign-Currency IDR at 'B'.

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Lending rules should be changed gradually: banks

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Báo Đầu Tư English 1 week(s) ago

Lending rules should be changed gradually: banks

Although amendments to Circular 36 are needed, they should be implemented gradually to avoid policy risks and difficulties to commercial banks, online news portal Bizlive quoted bank officials as saying.

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Banks baulk at strict rules in SBV’s Circular 36

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Báo Đầu Tư English 1 week(s) ago

Banks baulk at strict rules in SBV’s Circular 36

Various banks have requested a delay in Circular 36 amendments, stating that stricter lending rules will hurt their business.

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Vietnam losing billions in recreational tourism

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Báo Dân Trí English 1 week(s) ago

Vietnam losing billions in recreational tourism

Vietnam is short of recreational tourism products and is losing billions of dollars in revenue as a result, according to the Vietnam National Administration of Tourism (VNAT).

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ADB launches youth video contest to find new transport ideas for Asia

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Báo Tuổi Trẻ English 2 week(s) ago

ADB launches youth video contest to find new transport ideas for Asia

MANILA, PHILIPPINES (May 16) — The journey rather than the destination is often hailed as the best part of travel but in many parts of Asia, traffic jams, air pollution, crowded services, or poor transport links can make commuting over short and long distances less than a pleasure.

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Oil prices hit 2016 peaks on talk of supply deficit

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Báo Đầu Tư English 2 week(s) ago

Oil prices hit 2016 peaks on talk of supply deficit

Oil prices shot up to six-and-a-half month peaks on Monday as Goldman Sachs said the market faces a short-term supply deficit due to production outages.

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HCMC short of nearly US$58 million for anti-flooding projects

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SaiGon GP English 3 week(s) ago

HCMC short of nearly US$58 million for anti-flooding projects

Ho Chi Minh City has been short of VND1,284 billion (US$58 million) out of the total need of VND2,009 billion ($90.2 million) for implementation of anti-flooding projects, reported the Steering Center for Urban Flood Control Program to the city People’s Committee.

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Cargo projections fall short at capital port

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VietStock FI English 3 week(s) ago

Cargo projections fall short at capital port

Phnom Penh Autonomous Port (PPAP), which operates the capital’s river port, reported a decline in container traffic during the first quarter of the year, raising questions about the newly listed company’s ability to meet its double-digit revenue and earnings projections – though analysts say it is too early to worry.

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Banks ask SBV to delay stricter rules

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Báo Đầu Tư English 1 month(s) ago

Banks ask SBV to delay stricter rules

Commercial banks are recommending that the State Bank of Viet Nam (SBV) delay tightening of lending rules, as it could face difficulties once it takes effect on January 1, 2017.

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Nearly 200 native dogs compete in Hanoi canine show

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Báo Tuổi Trẻ English 1 month(s) ago

Nearly 200 native dogs compete in Hanoi canine show

Nearly 200 Phu Quoc ridgebacks and Hmong short-tail dogs attended a national native canine show in Hanoi over the weekend.

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Circular tightens offshore borrowings

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Báo Đầu Tư English 1 month(s) ago

Circular tightens offshore borrowings

A circular containing new regulations on offshore borrowing took effect on April 15, expanding the central bank’s control over offshore borrowings to short-term loans. Doan Tu Tich Phuoc, lawyer at Duy Long Legal LLC, provides some insight on the topic.

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