Capital flows to government bonds

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VietnamPlus English 6 hour(s) ago 1 related news

The English language news website VietNamNet Bridge on April 18 reported that banks have had to inject their money into government bonds as credit gets stuck.

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BID1_106: Notice of the record date for bond interest payment

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VietStock FI English 8 hour(s) ago 1 related news

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Big businesses wallow in “mountains of cash”

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VietnamNet English 9 hour(s) ago

Big businesses wallow in “mountains of cash”

VietNamNet Bridge – While the majority of businesses are thirsty for capital to maintain their production, the remaining weep because they have too much excess money.

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VAMC announces interest rate for purchased bad debts

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VietNam News English 15 hour(s) ago 2 related news

Vietnam Asset Management Company (VAMC) will adjust annual interest rates for purchased bad debts at 10.7, 5.2 and 5.7 per cent for the Vietnamese dong, US dollar and Euro, respectively.

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VAMC reduces interest rate of bad debts

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SaiGon GP English 1 day(s) ago 2 related news

Vietnam Asset Management Company (VAMC) has announced an interest rate reduction to bad debts.

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Vietnam adjourns trial of massive financial scam

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Báo Thanh Niên English 2 day(s) ago 1 related news

Vietnam adjourns trial of massive financial scam

Nguyen Duc Kien, a co-founder and former deputy chairman of Asia Commercial Bank, stands trial for fraud and other charges on April 16, 2014. Photo courtesy of Tuoi Tre

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New fishing surveillance force formed to protect sea territory

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VietNam News English 3 day(s) ago

New fishing surveillance force formed to protect sea territory

Viet Nam has set up a fishing surveillance force to ensure the enforcement of fishing laws at sea.

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OceanBank offers low rate loans to builders

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VietNam News English 5 day(s) ago

OceanBank will lend VND1 trillion to construction enterprises at 8.5 per cent annual interest rate or 2 to 3 per cent lower than the normal interest rate.

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New Circular of Housing Law takes effect

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SaiGon GP English 1 week(s) ago

New Circular of Housing Law takes effect

The Ministry of Construction’s Circular 3 Housing Law will take effect starting April 8, replacing the controversial Circular 16.

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Banks continue lowering deposit rates amid abundant capital

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Báo Dân Trí English 1 week(s) ago

Banks continue lowering deposit rates amid abundant capital

A number of Vietnamese banks have continued slashing deposit interest rates for some short terms to below the ceiling level regulated by the State Bank of Vietnam (SBV).

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Loans to empower poor households

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VietNam News English 1 week(s) ago

Nguyen Van Ly, deputy director of the Viet Nam Bank for Social Policies, talks to Nong thon ngay nay (Countryside Today) newspaper about a preferential loans scheme for low-income households .

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Interest rate dip fails to stimulate lending

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Báo Đầu Tư English 1 week(s) ago

Interest rate dip fails to stimulate lending

In mid-March the State Bank announced it would ease the ceiling interest rate applicable to one to six month term deposits by 1 per cent, to 6 per cent.

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Bailout funds await viable projects

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Báo Đầu Tư English 1 week(s) ago

Bailout funds await viable projects

As well as the Vietnamese government’s VND30 trillion ($1.4 billion) bailout package, the real estate market has received a VND50 trillion ($2.38 billion) commercial credit package. Banks are now collaborating with developers to try and support buyers through a range of preferential lending schemes. Phan Thanh Mai, general director of the Vietnam Construction Bank, tells VIR that the money is sufficient but there is a shortage of viable projects.

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CPI decline has pros and cons

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VietnamNet English 1 week(s) ago

CPI decline has pros and cons

VietNamNet Bridge – The country's consumer price index (CPI) in March dropped 0.44 per cent against the previous month, the lowest level recorded during the past decade.

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Investors returns to high-end real estate

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VietnamPlus English 2 week(s) ago

With low deposit interest rate and less attractive investment in other sectors, many investors have returned to the high-end real estate segment, the Vietnam Business Forum reported.

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