Quang Binh earmarks US$38.8 million to cope with climate change

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Báo Dân Trí English 2 week(s) ago

Quang Binh earmarks US$38.8 million to cope with climate change

Quang Binh provincial authorities on July 10 approved a plan on environmental improvement and urban infrastructure development to cope with climate change in Dong Hoi city, with total capital of US$38.8 million (Phase I).

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Central bank assuages foreign currency lending fears

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Báo Đầu Tư English 3 week(s) ago

Central bank assuages foreign currency lending fears

Increasing foreign currency lending does not present a risk to the Vietnamese economy, said Nguyen Thi Hong, director of the Monetary Policy Department under the State Bank of Vietnam (SBV), at a press conference on July 6.

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Vietnam faces pressure to repay its short-term loans

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Báo Thanh Niên English 1 month(s) ago

Despite keeping public debts at safe levels, Vietnam faces major pressure in seeking new loans to repay old ones in the coming years, said Minister of Finance Dinh Tien Dung.

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VAMC announces interest rate for purchased bad debts

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VietNam News English 3 month(s) ago 2 related news

Vietnam Asset Management Company (VAMC) will adjust annual interest rates for purchased bad debts at 10.7, 5.2 and 5.7 per cent for the Vietnamese dong, US dollar and Euro, respectively.

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Vietnam is expected to repay nearly $10bil. in 2014

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VietnamNet English 3 month(s) ago 1 related news

Vietnam is expected to repay nearly $10bil. in 2014

VietNamNet Bridge - The Prime Minister has issued Decision 447 on borrowing and repayment plans in 2014. Limits on government-guaranteed loans and medium and long-term foreign loans of enterprises and organizations in 2014 are also mentioned in the decision.

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Each Vietnamese bears USD886 in public debt

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Báo Dân Trí English 4 month(s) ago

Each Vietnamese bears USD886 in public debt

With public debt accounting for 48% of the GDP, each Vietnamese citizen currently owes VND18.6 million (USD886).

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Banks buy bonds, but capital remains locked

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Báo Thanh Niên English 4 month(s) ago

Banks buy bonds, but capital remains locked

A teller counts money at a branch of Vietnam International Bank in Hanoi

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LienVietPostBank funds Laos hydropower project

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VOV News English 7 month(s) ago

LienVietPostBank funds Laos hydropower project

(VOV) -Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) has approved a credit package worth US$193.66 million for the expansion of the Xekaman 1 hydropower plant in Laos.

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Businesses' loans without Govt's guarantee regulated

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VietnamPlus English 7 month(s) ago

Prime Minister Nguyen Tan Dung has signed a decree on managing businesses’ foreign loans which are not guaranteed by the Government and their repayment.

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Economist points finger at poor management for state firms’ inefficiency

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Báo Thanh Niên English 8 month(s) ago

Economist points finger at poor management for state firms’ inefficiency

A file photo of a ship built by the state owned shipbuilding group Vinashin at the launching ceremony. The debt-ridden shipbuilder was restructured and renamed Shipbuilding Industry Corp. in November 2013.

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Mo Market transaction mired in long dispute

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Báo Đầu Tư English 8 month(s) ago

Mo Market transaction mired in long dispute

The long dispute between two main partners on the massive upgrade of Mo Market shopping centre in Hanoi came to a head last week as the sides in the row began preparing legal documents for a potential court case.

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Bad debt ratio at finance leasing firms the highest

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SaigonTimes English 8 month(s) ago

HCMC – Some VND14.8 trillion of bad debts have been cleared since the year’s beginning, but there are still nearly VND56.4 trillion of bad debts owed by enterprises to credit institutions in HCMC and the highest ratio is at finance leasing companies.

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Debts restructured to support ailing firms

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VOV News English 9 month(s) ago 4 related news

Debts restructured to support ailing firms

Credit institutions have restructured nearly VND300 trillion (US$13.63 billion) in debts, accounting for 10 percent of total outstanding loans.

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Debts restructured to support ailing firms

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VietnamPlus English 9 month(s) ago 4 related news

Credit institutions have restructured nearly 300 trillion VND (13.63 billion USD) in debts, accounting for 10 percent of total outstanding loans.

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Debts restructured to support failing firms

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VietNam News English 9 month(s) ago 4 related news

Credit institutions have restructured nearly VND300 trillion (US$13.63 billion) in debts, accounting for 10 per cent of total outstanding loans.

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