Vietnam spends $1bn servicing ODA debts every year

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam earmarks some US$1 billion every year for repaying official development assistance (ODA) loans, one Ministry of Finance agency said on Tuesday.

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ODA interest rates to increase

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Báo Dân Trí English 1 month(s) ago

ODA interest rates for Vietnam may increase to 2%-3.5% starting from next July as preferential ODA loans end.

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Vietnam spends $1 billion on paying ODA loans annually

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SaiGon GP English 1 month(s) ago

Vietnam spends about US$1 billion of yearly budget estimates to pay official development assistance (ODA) loans including original debt and interest, said Mr. Hoang Hai, deputy head of the Debt Management and External Finance Department under the Ministry of Finance yesterday.

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Delivering sustainable and healthy food

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Báo Đầu Tư English 1 month(s) ago

The agricultural sector in the Netherlands is in a transition, aiming for improved sustainability and quality, stressing the importance of innovation. An increasing interest for food is the main trigger for this transition. More often, consumers want to make a conscious choice for healthier and sustainable food, paying great attention to the ecological durability of the food chain.

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Vietnamese real estate braces for Japanese capital

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Báo Đầu Tư English 1 month(s) ago

Japanese companies have shown great interest in developing real estate in Vietnam, with a focus on Ho Chi Minh City and Hanoi.

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Foreign investors withdraw capital from Malaysia

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SaiGon GP English 1 month(s) ago

The Government of Malaysia’s bonds owned by foreign investors, which shrank last September, may have another drop when withdrawals continue, Malaysia’s The Star newspaper reported on October 14.

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Farmers still struggling to access bank loans

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Báo Đầu Tư English 1 month(s) ago

“Almost all farmers face difficulties getting bank loans as they struggle to put a security up for loans,” said Nguyễn Đăng Cường, a farmer in Thuận Thành District, northern Bắc Ninh Province.

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104 businesses get extra of $1.47 billion low interest loans in HCMC

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SaiGon GP English 1 month(s) ago

Twenty one branches of Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) signed credit contracts to loan 104 businesses VND32.872 trillion (US$1.47 billion) at the low interest rate of 6-8 percent a year this morning in HCMC.

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SBV warns banks off lending to property sector

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Báo Đầu Tư English 1 month(s) ago

Recently the State Bank of Viet Nam (SBV) told credit institutions to restrict loans to real estate projects to reduce risks and credit concentration in a single sector.

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Sun Group’s Phu Quoc portfolio commands Singaporean investors’ attention

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Báo Đầu Tư English 2 month(s) ago

Singaporean investors have shown fervent interest in Sun Group’s vacation real estate projects.

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French heavy-weight steps in to save notorious $930m financial centre

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Báo Đầu Tư English 2 month(s) ago

France-based Vinci Construction has expressed interest in co-operating with Berjaya Land Berhad (Berjaya), a subsidiary of Malaysian Berjaya Corporation, to develop the long-delayed $930 million Vietnam Financial Centre in District 10, Ho Chi Minh City.

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Interest groups hinder listing process of privatized Vietnamese SOEs: association

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Báo Tuổi Trẻ English 2 month(s) ago

Certain interest groups trying to prevent Vietnam’s state-owned enterprises (SOE) from listing on the stock market following their privatization are responsible for causing losses to state coffers, a local finance association warned.

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French heavy-weight steps in to save notorious $930 financial centre

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Báo Đầu Tư English 2 month(s) ago

France-based Vinci Construction has expressed interest in co-operating with Berjaya Land Berhad (Berjaya), a subsidiary of Malaysian Berjaya Corporation, to develop the long-delayed $930 million Vietnam Financial Centre in District 10, Ho Chi Minh City.

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Bac Ninh to be next destination of horseracing investment fad

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

Horseracing courses may be the newest fad luring foreign investors to the table, as yet another Korean enterprise has expressed interest in developing a course, this time in Bac Ninh.

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New law to spur FDI in railway

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Báo Đầu Tư English 2 month(s) ago

While a number of foreign investors have shown their interest in Vietnam’s railway projects, few made further steps. Deputy Minister of Transport Nguyen Ngoc Dong talked with VIR’s Bich Thuy about the existing barriers, as well as new investment incentives in a draft law to revise the 2005 Railway Law, making the industry more attractive.

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