Banks to sell non-performing loans

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VietnamPlus English 2 day(s) ago

Banks with non-performing loan (NPL) ratios of 3 percent or more will have to sell the loans to the Vietnam Asset Management Company (VAMC), a new group due to officially begin operations on July 9 this year, according to a newly-issued decree.

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Yen higher after Japan stocks sell-off

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Báo Đầu Tư English 2 day(s) ago

Yen higher after Japan stocks sell-off

The yen gained Thursday amid a sharp sell-off of Japanese stocks while the US dollar fell against the euro after Federal Reserve chief Ben Bernanke cautioned not to expect policy tightening at least for a few months.

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Liverpool won't sell Suarez, says Rodgers

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Báo Đầu Tư English 3 day(s) ago

Liverpool won't sell Suarez, says Rodgers

Liverpool manager Brendan Rodgers says controversial striker Luis Suarez will not be sold, as the Merseyside club target Champions League qualification next season.

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Vietnam to buy unmanned aerial vehicles from Belarus

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Báo Thanh Niên English 1 week(s) ago

Belarus said Thursday it will sell unmanned aerial vehicles (UAVs) to Vietnam.

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Vinalines attempts to sell debt-laden ships by late June

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Báo Dân Trí English 6 day(s) ago

Vinalines attempts to sell debt-laden ships by late June

Vinalines has set a goal to sell the six remaining ships of its subsidiary Vinashinlines by June 30, said a corporation official.

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Vietnam’s coffee premium seen by Volcafe sliding on farmer sales

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Báo Thanh Niên English 1 week(s) ago 1 related news

Buyers of coffee from Vietnam, the world’s largest producer of the robusta variety, are paying a lower premium for their beans as gains in futures prices spurred farmer sales, according to Volcafe Ltd.

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Technology firms do make-up to catch the eyes of foreign investors

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VietnamNet English 1 week(s) ago

Technology firms do make-up to catch the eyes of foreign investors

VietNamNet Bridge – Technology startups have been trying to attract the investments from venture capital funds or sell stakes to foreign firms, because they need capital to develop.

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CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring

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VietNam News English 1 week(s) ago

CNG Viet Nam planned to divest all of its holdings in PV Gas (GAS) next month, selling 100,000 GAS shares with the aim of restructuring its investment portfolio, the company announced.

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State Bank package fires property market

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VietNam News English 1 week(s) ago 1 related news

Property developers are beginning to sell apartments in anticipation of the State Bank's credit package of VND30,000 billion (US$1.5 billion) for builders, the Sai Gon Giai Phong ( Liberated Saigon) newspaper reported.

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Viet-Han Corporation executives register to sell 12.28% stake

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VietNam News English 1 week(s) ago

Two executives of Viet-Han Corporation, a communications equipment manufacturer listed on the HCM City exchange, plan to sell a large volume of company shares over the next two months.

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Lethal injection decree amended

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Báo Thanh Niên English 1 week(s) ago

Lethal injection decree amended

After the EU refused to sell Vietnam the drugs required to execute prisoners, the government is considering alternative sources, including local manufacture

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Experts eye housing, real estate law moves

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VietNam News English 1 week(s) ago 1 duplicate news

Experts proposed several ideas on how to amend the Housing Law and Real Estate Business Law at a session held yesterday by the Ministry of Construction in HCM City.

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Vietnam’s banks to sell bad debt to asset management company

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Báo Thanh Niên English 1 week(s) ago

Vietnam’s banks to sell bad debt to asset management company

Vietnam will force banks to sell bad debt to a soon-to-be established asset management company, according to State Bank of Vietnam Chief Inspector Nguyen Huu Nghia, as the government steps up efforts to revive the economy.

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Asset management body to be set up in bid to tackle debt

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VietNam News English 1 week(s) ago

The Viet Nam Asset Management Company (VAMC) will be established later this month, said member of the National Financial and Monetary Policy Advisory Council Le Xuan Nghia.

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Stock markets fail to retain gains

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VietNam News English 1 week(s) ago 1 related news

Stock markets fail to retain gains

Shares reversed Monday's gains to tumble on both national stock exchanges yesterday.Despite a few sessions of rallying due to reduced interest rates and the upcoming establishment of the nation's asset management company, investors may start to follow the "sell in May and go away" strategy.

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