Bank deposits remain safest investment

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Báo Dân Trí English 33 month(s) ago

Bank deposits remain safest investment

Despite the rising popularity of more risky investments, such as in the stock market and gold investment, bank deposits are still considered the safest and surest way to keep money and earn stable returns in 2014.

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Local lending lags behind target

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VietNam News English 35 month(s) ago

Local lending lags behind target

Credit growth this year could fall short of annual targets, with banks unlikely to increase lending significantly by the end of the year.

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Banks say handling of mortgaged assets complex

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SaigonTimes English 35 month(s) ago

HCMC – Bankers on Monday bemoaned the legal procedures required for handling mortgaged assets, saying the process is so complex that it can make debt recovery a difficult task.

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HCMC not to be rushed into dividing up large apartments to revive property market

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Báo Thanh Niên English 35 month(s) ago

Ho Chi Minh City is giving priority to rural areas over urban as it seeks to revive the property market by dividing up large apartments into smaller ones and switching from commercial to social housing.

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Authorities assess HCM City development

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VietnamPlus English 36 month(s) ago 1 duplicate news 1 related news

A Government delegation headed by Deputy Prime Minister Vu Van Ninh reviewed Ho Chi Minh City 's socio-economic performance in the last three years and discussed goals for the next two at a meeting in the city on August 30.

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Banking bad debt situation takes curious turn

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Báo Thanh Niên English 37 month(s) ago 1 related news

Banking bad debt situation takes curious turn

Most major banks who have declared first-half results have bad debts of below the 3 percent threshold set by the central bank, meaning the new asset management company set up to bring down the highest bad debt level in Asia will not have much business for now.

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Debts unsettled, employees unpaid as investors disappear

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Báo Tuổi Trẻ English 37 month(s) ago

Debts unsettled, employees unpaid as investors disappear

A recent report has revealed that nearly 520 owners of foreign-invested businesses in Vietnam have secretly left the country in the first five months of this year, leaving behind massive amounts of unpaid taxes, debts, and wages.

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Real estate firms told to ‘find their own way'

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VietNam News English 38 month(s) ago

Property companies must find their own way out of the property market slump, a conference heard in HCM City yesterday.

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Switzerland helps SMEs improve export competitiveness

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VOV News English 38 month(s) ago 1 duplicate news

Switzerland helps SMEs improve export competitiveness

(VOV) - Can Tho City on July 11 launched a Swiss-funded programme designed to improve the export competitiveness of small and medium-sized Vietnamese enterprises (SMEs) through a local trade promotion system over the 2013–2016 period.

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Vinalines’ Van Phong port dream torpedoed

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Báo Đầu Tư English 39 month(s) ago 1 related news

Vinalines’ Van Phong port dream torpedoed

State-run Vinalines’ transshipment seaport has drowned with Khanh Hoa People’s Committee offering it to other investors.

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Vinalines loses license on sluggish port project

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Báo Đầu Tư English 39 month(s) ago 2 related news

Vinalines loses license on sluggish port project

Khanh Hoa-based Van Phong Economic Zone has canceled the investment license of the state-run shipping line Vinalines, who failed to begin work on the Van Phong international transshipment container port project, the EZ board management announced on Monday.

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Vinalines loses license on sluggish port project

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Báo Tuổi Trẻ English 39 month(s) ago 2 related news

Vinalines loses license on sluggish port project

Khanh Hoa-based Van Phong Economic Zone has canceled the investment license of the state-run shipping line Vinalines, who failed to begin work on the Van Phong international transshipment container port project, the EZ board management announced on Monday.

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City moves forward with provincial tie-ups

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VietNam News English 39 month(s) ago

HCM City will continue to co-operate with provinces in the region, providing them with business expertise in exchange for which they will supply many agricultural products.

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Vietcombank says 2013 target hard to obtain

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SaigonTimes English 42 month(s) ago

HCMC – Bank for Foreign Trade of Vietnam, or Vietcombank, finds it hard to obtain this year’s after-tax profit target of VND5.8 trillion given many difficulties ahead.

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VFM to make all funds open-end

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SaigonTimes English 43 month(s) ago

HCMC – VietFund Management (VFM) will turn all its funds listed on bourse into open-end funds, said the company’s deputy CEO Pham Khanh Lynh.

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