Bad debts falling in Vietnam's ailing banks, gov't says

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Báo Thanh Niên English 1 day(s) ago

Bad debts falling in Vietnam's ailing banks, gov't says

The ratio of non-performing loans held by Vietnam's troubled banks eased slightly in the first quarter as they have become better at controlling bad debt, though the overall level of NPLs remained high, the government said on Monday.

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Savills Vietnam releases property index in Ho Chi MInh City May 2013

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Báo Đầu Tư English 1 day(s) ago

Savills Vietnam releases property index in Ho Chi MInh City May 2013

Savills Vietnam, one of the first property consultants to release its owned property index today confirmed that the first quarter of 2013 residential index stood at 89.2, a slight decrease of -0.4 index points quarter-on-quarter (QoQ) and -3 index points year-on-year (YoY).

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Market remains challenging

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Báo Đầu Tư English 1 day(s) ago

Market remains challenging

Vietnam’s struggling real estate market is still facing many challenges ahead.

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HP posts mega-loss after EDS writedown

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Báo Tuổi Trẻ English 9 month(s) ago

SAN FRANCISCO – Hewlett-Packard Co swung to an US$8.9 billion quarterly loss as personal computer sales shrank again and it swallowed a huge write-down linked to its $13.9 billion purchase of Electronic Data Systems Corp.

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Officials question housing inventory surge

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Báo Thanh Niên English 1 week(s) ago

Officials question housing inventory surge

New statistics show that real estate inventory rose sharply over the first quarter despite a lag in new projects, but officials suggest that last year’s stats may have ignored unfinished units while this year’s included all planned housing.

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A.P. Moller-Maersk Group in full sail

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Báo Đầu Tư English 3 day(s) ago

A.P. Moller-Maersk Group in full sail

Danish-backed A.P. Moller-Maersk Group has enjoyed eye-catching profits in this year’s first quarter.

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Baoviet on the boil in first quarter

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Báo Đầu Tư English 3 day(s) ago

Baoviet on the boil in first quarter

Baoviet Holdings has revealed a pre-tax profit of VND420 billion ($20.2 million) for 2013’s first quarter.

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Software company FPT posts $30m profit in first quarter

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VietNam News English 3 day(s) ago 1 related news

Software producer FPT Corp (FPT) reported a net profit of VND622 billion (US$29.6 million) in the first four months of this year.

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Jewellery company profits down due to low gold sales

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VietNam News English 3 day(s) ago

Phu Nhuan Jewellery Co (PNJ)'s first quarter net profits fell 28.5 per cent year-on-year, reaching just VND66 billion (US$3.1 million).

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Gold loses its appeal as VN bucks Asia trend

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VietNam News English 3 day(s) ago

Demand for gold jewellery in Viet Nam is falling sharply, despite significant increases recorded in other Asian countries, according to the latest report of the World Gold Council (WGC).

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Property inventories on the rise during first quarter

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VietNam News English 3 day(s) ago

Inventories of apartments nation-wide soared 20 per cent as of March over the figure at the end of last year, reaching more than 33,852 units.

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Capital urged to tackle land violations

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VietNam News English 3 day(s) ago

The Ha Noi People's Committee has ordered handling of land violations and projects under slow implementation to be hastened.

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Most gays in Europe still afraid to show sexuality: report

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Báo Tuổi Trẻ English 4 day(s) ago 1 related news

Most gays in Europe still afraid to show sexuality: report

Two-thirds of Europe's lesbian, gay, bisexual and transgender community are still afraid to show their sexuality in public and a quarter have been victims of physical or verbal attacks, an EU report said Friday, the International Day Against Homophobia.

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Concrete industry’s cement feet

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Báo Đầu Tư English 4 day(s) ago 1 related news

Concrete industry’s cement feet

Vietnam’s cement industry remains mired in difficulties through the first quarter of 2013 amid persistent economic woes

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Nadal survives Gulbis test as top seeds cruise

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Báo Đầu Tư English 4 day(s) ago

Nadal survives Gulbis test as top seeds cruise

Defending champion Rafael Nadal endured a three-set thriller before overcoming big-hitting Latvian qualifier Ernests Gulbis 1-6, 7-5, 6-4 on Thursday to reach the Rome Masters quarter-finals.

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