Ninh Binh province appeals to PM to save fertiliser plant

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Báo Đầu Tư English 1 week(s) ago

Ninh Binh province appeals to PM to save fertiliser plant

The Ninh Binh People’s Committee has proposed the Prime Minister a selection of plans to rescue Ninh Binh nitrogenous fertiliser plant, invested by Vietnam National Chemical Group (Vinachem), according to newswire Vneconomy.vn.

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Dollar strengthens as markets await Fed decision

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Báo Đầu Tư English 1 week(s) ago

Dollar strengthens as markets await Fed decision

NEW YORK: The dollar strengthened on currency exchange markets on Tuesday (Sep 13), as anticipation built for next week's meeting of US Federal Reserve policymakers to review interest rate policy.

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Banks raise deposit rates ahead of SBV rules

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Báo Dân Trí English 1 week(s) ago

Banks raise deposit rates ahead of SBV rules

Many commercial banks have recently raised their deposit interest rates in an attempt to satisfy new State Bank of Vietnam’s regulations that are due to take effect in 2017.

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Banking sector going strong despite anticipated softened rates

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Báo Đầu Tư English 2 week(s) ago 1 related news

Banking sector going strong despite anticipated softened rates

Fair liquidation in the banking system has provided the foundation for stability, despite the negative impact of the softened interest rate throughout the rest of 2016.

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Doubts over 5% average lending interest rate target

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Báo Đầu Tư English 2 week(s) ago 1 related news

Doubts over 5% average lending interest rate target

Banking experts have expressed a great deal of scepticism at the government's target to cut the average lending interest rate to some 5 per cent.

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Asia markets mostly fall but weak yen boosts Tokyo

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Báo Đầu Tư English 3 week(s) ago

Asia markets mostly fall but weak yen boosts Tokyo

HONG KONG: Tokyo stocks rallied Wednesday (Aug 31) as the yen fell further against the dollar on US interest rate talk but most other Asian markets struggled as investors were spooked by the prospect of higher borrowing costs in the world's top economy.

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First fisherman builds two steel ships worth VND 30bln

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SaiGon GP English 1 month(s) ago

Mr.Nguyen Van Hanh at Dinh An town, Tra Cu district in Tra Vinh province is the first fisherman in the province invested VND 30billion by the bank to build two steel fishing ships with an 800CV diesel engine for making deep sea fishing catch.

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Cutting interest rate is feasible in year end

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Báo điện tử CP English 1 month(s) ago 2 related news

Cutting interest rate is feasible in year end

VGP - Stable current liquidity in the banking system ensured money supply for the economy in 2016 and provides room for cutting interest rates in the rest of 2016, assessed a senior banking expert.

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VAMC speeds up NPLs settlement

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Báo điện tử CP English 1 month(s) ago 2 related news

VAMC speeds up NPLs settlement

VGP – As much as VND 59.7 trillion of non-performing loans were handled in the first half of 2016, according to the Viet Nam Asset Management Company (VAMC).

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Local coffee firms expect credit support from State

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Báo Đầu Tư English 1 month(s) ago

Local coffee firms expect credit support from State

The Viet Nam Coffee and Cacao Association (Vicofa) proposed to the state that it launches credit support for the local coffee firms competing with foreign companies.

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Business highlights – August 1-7

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Báo điện tử CP English 1 month(s) ago

VGP – Viet Nam's participation in ASEAN trade, investment meetings in Laos, GDP growth forecast of 6.14% in the third quarter, positive signs in export-import, and deposit interest rate rise are economic highlights from August 1-7.

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Schools to teach financial literacy

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VietStock FI English 1 month(s) ago

The central bank is working on developing a new syllabus for financial literacy that will be included in the general education curriculum, but has yet to find a development partner to help craft a program, an official said yesterday.

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VIB offers fast-track loans for SMEs

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Báo Đầu Tư English 2 month(s) ago 1 related news

VIB offers fast-track loans for SMEs

The Vietnam International Bank, one of leading commercial joint stock banks in Vietnam, just launched a new campaign for fast-track loans to small- and medium-sized enterprises (SMEs) which may be approved within 48 hours of submission of all documents.

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Success in bond capital mobilisation

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Báo Đầu Tư English 2 month(s) ago

Success in bond capital mobilisation

Despite a good result with capital mobilisation through government bonds during the first half of this year, there are unexpected factors that will affect this market over the rest of 2016. Do Ngoc Quynh, general secretary of the Vietnam Bond Market Association discussed with VIR’s Huu Dao.

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Fog of Brexit clouds outlook for central banks seeking clarity

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Báo Thanh Niên English 2 month(s) ago

Fog of Brexit clouds outlook for central banks seeking clarity

For much of this year, the dollar, oil prices, and economic conditions largely behaved as the U.S. Federal Reserve had expected, allowing policymakers to plot further interest rate increases.

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