Banks reluctant over bad-debt settlement plan

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Báo Dân Trí English 1 week(s) ago 2 related news

Banks reluctant over bad-debt settlement plan

Although the newly-established Vietnam Asset Management Company is hoped to resolve the problem of rising bad debts, banks have shown little interest in the company.

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Can further rate cut boost lending?

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Báo Thanh Niên English 3 week(s) ago

Can further rate cut boost lending?

PHOTO: DIEP DUC MINH

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Interest rate cut weighs on stock market

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VietNam News English 1 month(s) ago

Investors increased selling in the afternoon following news that the State Bank of Viet Nam kept its prime rate unchanged at 7.5 per cent per annum while details of a rescue package worth VND30 trillion (US$1.43 billion) for the real estate market remained unclear.

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Inflation 'limits room' for Vietnam rate cuts: IMF

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Báo Thanh Niên English 1 month(s) ago

The International Monetary Fund is not very hopeful that Vietnam can make further interest rate cuts this year.

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Vietnam’s five-year bond yield declines to 2009 low on rate cut

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Báo Thanh Niên English 3 month(s) ago

Vietnam’s bonds rose, driving the five-year yield to the lowest since February 2009, as slowing inflation allowed the central bank to cut interest rates to spur the economy. The dong was steady.

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Low-income people to enjoy preferential loans

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Báo Dân Trí English 3 month(s) ago

Low-income people to enjoy preferential loans

The State Bank of Vietnam announced a new draft decree that requires commercial banks to support low-income people to buy homes.

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Thinking out of the square

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Báo Đầu Tư English 5 month(s) ago

Thinking out of the square

The State Bank has confirmed the ceiling deposit rate scheme will continue to be applied in 2013. Senior economic expert Bui Kien Thanh looks at ways to ease lending rates without resorting to the use of ceiling rates.

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Credit growth likely to remain stagnant

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Báo Dân Trí English 10 month(s) ago 2 related news

Credit growth likely to remain stagnant

Commercial banks will be hard-pressed to meet the 8-percent credit growth target in the second half of the year despite looser Government monetary policies, said National Advisory Council for Financial and Monetary Policy member Tran Du Lich.

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Sharp to cut 8,000 jobs through plant sales: paper

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Báo Đầu Tư English 10 month(s) ago

Sharp to cut 8,000 jobs through plant sales: paper

Embattled TV maker Sharp Corp aims to cut 8,000 jobs or 15 percent of its global workforce, including 3,000 from the sale of two TV factories in China and Mexico to Taiwan's Hon Hai Precision Industry , Japan's Yomiuri newspaper reported on Tuesday.

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U.S. fixed mortgage rates continue to rise with stronger economic outlook

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VietnamNet English 10 month(s) ago

U.S. fixed mortgage rates this week edged up for the third straight week following recently released stronger economic data, according to the Primary Mortgage Market Survey released Thursday by Freddie Mac.

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Scratching of heads at rate question

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Báo Đầu Tư English 11 month(s) ago

Scratching of heads at rate question

Industry insiders are weighing up what is the best-case scenario for the bank mobilising this year.

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Banks to help only most-deserving firms

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Báo Tuổi Trẻ English 11 month(s) ago 3 related news

Banks to help only most-deserving firms

Commercial banks won't be able to save all of their struggling borrowers at any cost, the State Bank of Vietnam Governor Nguyen Van Binh said at a recent dialogue with Hanoi’s authorities and representatives of about 100 enterprises.

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Breakfast @ Tuoitrenews – July 22

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Báo Tuổi Trẻ English 11 month(s) ago

Breakfast @ Tuoitrenews – July 22

Tuoitrenews briefs some of the leading stories published today on Vietnamese media:

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Banks to help only most-deserving firms

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Nhân dân English 11 month(s) ago 4 related news

Banks to help only most-deserving firms

Commercial banks won't be able to save all of their struggling borrowers at any cost, the State Bank of Vietnam Governor Nguyen Van Binh said at a dialogue on July 20 among Hanoi’s authorities and representatives of about 100 enterprises.

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Banks to help only most-deserving firms

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Báo QĐND English 11 month(s) ago 4 related news

Banks to help only most-deserving firms

Photo: baohaiphong

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