Banks to up capital by $1.6b

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Báo Đầu Tư English 4 day(s) ago

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VNĐ37 trillion (US$1.62 billion).

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Price of pick-up trucks predicted to soar next year

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Báo Đầu Tư English 2 week(s) ago

Vietnamese customers are flocking to buy pick-up trucks, prices of which are expected to increase sharply from next year. The price hike is predicted given the unreasonable price gap between pick-ups and cars with nine seats or less.

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Public colleges should become autonomous

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Báo Đầu Tư English 3 week(s) ago 1 related news

The Government wants public colleges to become autonomous in order to be competitive, but many of them are worried about such a move, especially the financial aspect.

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Public colleges should become autonomous

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Báo Dân Trí English 3 week(s) ago 1 related news

The Government wants public colleges to become autonomous in order to be competitive, but many of them are worried about such a move, especially the financial aspect.

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Consumer price index unchanged in April

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Báo Dân Trí English 3 week(s) ago 1 related news

The consumer price index (CPI) in April remained unchanged from the previous month, but up 4.3 percent against the same period last year, the General Statistics Office (GSO) has announced.

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Small banks working to bolster capital sources

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Báo Đầu Tư English 1 month(s) ago

Most banks of small and medium size are mulling over scaling up capital sources to boost their financial strength.

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PetroVietnam to raise oil extraction target by 1mn tons in 2017

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

State-run oil and gas giant PetroVietnam (PVN) has announced plans to hike its yearly oil extraction by one million metric tons in 2017, following a government directive aimed at boosting the country’s economic growth.

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Local banks confirms no interest rate hike in coming months

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

Commercial banks now have no pressure on the interest rates and have no plan to adjust interest rates in the coming months, according to a Tuesday meeting between deputy governor of the state bank, Nguyen Thi Hong with representatives of 21 commercial banks.

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CPI in first quarter of 2017 highest in three years

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Báo Dân Trí English 2 month(s) ago

The consumer price index (CPI) in the first quarter of 2017 rose by 4.96% year on year, higher than the respective figures of the previous three years (4.83% in 2014, 0.74% in 2015 and 1.25% in 2016), according to the General Statistics Office (GSO).

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Pangasius price hits peak in Mekong Delta

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SaiGon GP English 2 month(s) ago

Pangasius fish price now reaches VND27,000 a kilogram, the highest peak for the last recent years in the Mekong Delta.

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Steel price accelerates

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SaiGon GP English 2 month(s) ago

Domestic steel prices have increased by VND400,000-600,000 a ton compared to January, according to Vietnam Steel Association.

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Exchange rate under the control despite Fed rate hike

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Báo Đầu Tư English 2 month(s) ago

After the Federal Reserve (Fed)’s move of increasing the key USD interest rate by 0.25 per cent up to a range of 0.75-1 per cent, the exchange rate on the domestic market is under control. However, Huynh Trung Minh, a financial and banking expert, told VIR’s Van Linh that enterprises should be proactive in exchange rate risk hedging.

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Gold market defies common rule after Fed’s interest rate hike

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SaiGon GP English 2 month(s) ago

The gold market resumed stability shortly after a quick increase on March 16 after the US Federal Reserve (Fed) raised its interest rates, while the US dollar lost in value compared to other major currencies, which experts described as going against common rule.

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Aviation authority calls for fee hike

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Báo Dân Trí English 2 month(s) ago

The Civil Aviation Authority of Vietnam has sent a proposal to the Ministry of Transport to raise several aviation service charges in order to reduce peak-hour overloads and raise money for infrastructure development.

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Stock markets confident Fed Reserve will seal deal

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Báo Đầu Tư English 2 month(s) ago

LONDON: World stock markets mostly rose on Monday (Mar 13) as investors priced in the near-certainty of a US rate rise this week following a forecast-busting US jobs report.

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