BUSINESS IN BRIEF 22/1

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VietnamNet English 2 week(s) ago 1 related news

BUSINESS IN BRIEF 22/1

Interest reduced on dollar, euro loans

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Despite demands, bank lending rates unlikely to fall

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Báo Thanh Niên English 2 week(s) ago 2 related news

Despite demands, bank lending rates unlikely to fall

Though inflation remains low, banks have not further cut loan interest rates, worrying local enterprises, which are set for fierce competition as Vietnam accedes to several free trade agreements.

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Lower interest rates for social housing projects proposed

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Báo Dân Trí English 2 week(s) ago

Lower interest rates for social housing projects proposed

The HCM City Real Estate Association has proposed lower lending rates for social housing projects as part of efforts to make the properties more attainable for low-income earners.

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Creditors may be allowed to go bankrupt

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Báo Dân Trí English 2 week(s) ago 2 related news

Creditors may be allowed to go bankrupt

The State Bank of Vietnam (SBV) would consider allowing some ailing financial companies and people's credit funds to declare bankruptcy this year, according to Deputy Governor Nguyen Phuoc Thanh.

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Vietnamese tourism popularised in Panama

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VietnamNet English 2 week(s) ago

Vietnamese tourism popularised in Panama

An eight-minute film featuring Vietnam’s beautiful landscapes, unique culture and 30-year reform achievements, began a seminar held in Panama on January 20, to popularise Vietnam’s people and tourism potentials.

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Creditors may be allowed to go bankrupt

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VOV News English 2 week(s) ago 2 related news

Creditors may be allowed to go bankrupt

The State Bank of Vietnam (SBV) would consider allowing some ailing financial companies and people's credit funds to declare bankruptcy this year, according to Deputy Governor Nguyen Phuoc Thanh.

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Interest reduced on dollar, euro loans

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VOV News English 2 week(s) ago

Interest reduced on dollar, euro loans

The Vietnam Asset Management Company (VAMC) has cut the applicable interest rates on euro and US dollar-denominated non-performing loans (NPLs) purchased from credit institutions.

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AEC entices German firms

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VietnamNet English 2 week(s) ago

VietNamNet Bridge – More than a week after the ASEAN Economic Community was officially established, Marko Walde, chief representative of German Industry and Commerce Vietnam and chairman of the German-ASEAN Chamber Network, spoke with VIR’s Thanh Tung about German firms’ interest in the community in relation to the Vietnamese market.

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Aeroports de Paris bids for 20 pct state in Vietnam airports firm - media

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Báo Thanh Niên English 2 week(s) ago

France's Aeroports de Paris SA has bid for a 20 percent stake offered by Airports Corporation of Vietnam (ACV) and Singapore's Changi Airport International had also expressed interest, Vietnamese media said on Wednesday.

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HCM City eyes boost for suppliers

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VOV News English 2 week(s) ago

HCM City eyes boost for suppliers

The Ho Chi Minh City People's Committee is likely to approve a project to promote support industries next month, heard the "Vietnam - Japan Supporting Industry Forum".

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HCMC eyes boost for suppliers

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Báo Đầu Tư English 2 week(s) ago

HCMC eyes boost for suppliers

The HCM City People's Committee is likely to approve a project to promote support industries next month, the "Viet Nam - Japan Supporting Industry Forum" heard yesterday.

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Interest rate level to stay unchanged in 2016

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VOV News English 2 week(s) ago

Interest rate level to stay unchanged in 2016

The State Bank of Vietnam (SBV) is striving to keep interest rates at their 2015 level, stated Governor Nguyen Van Binh.

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Apartment market in two major cities rising

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VOV News English 2 week(s) ago 1 related news

Apartment market in two major cities rising

Vietnam's real estate market is expected to continue recovery this year after gaining good business results last year, with the market reaping benefits from favourable macro conditions, experts said.

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Dollar still preferred despite zero rate

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VOV News English 3 week(s) ago 1 related news

Dollar still preferred despite zero rate

Cutting the dollar-denominated interest rate may reduce foreign currency speculation in theory, but in reality it requires more than just this monetary tool to stabilise the dong and the overall macro-economy, writes Do Thien Anh Tuan, a lecturer with the Fulbright Economics Teaching Programme.

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Rising deposit interest rate not affect lending rate

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

Rising deposit interest rate not affect lending rate

Recent rises in deposit interest rates are small and thus do not affect lending interest rate, according to the State Bank of Vietnam.

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