VN, U.S. to talk comprehensive partnership development

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Báo điện tử CP English 8 hour(s) ago 6 related news

VGP – Viet Nam and the U.S. will discuss measures to promote their comprehensive partnership during the upcoming visit to the US by Vietnamese PM Nguyen Xuan Phuc.

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Bad debts at $7b until March 31

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Báo Đầu Tư English 3 day(s) ago 1 related news

Total non-performing loans (NPLs) of the entire credit institutions (CI) system until March 31, 2017 were VND160 trillion (US$7 billion).

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Can Tho garment plant destroyed in four-day blaze to receive $18mn in damages

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Báo Tuổi Trẻ English 1 week(s) ago

Police in the southern city of Can Tho have come to a conclusion on the cause of a massive fire at a local garment factory in March, with the company agreeing on a compensation settlement with its insurer.

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More banks to repurchase bad debts from VAMC

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Báo Đầu Tư English 2 week(s) ago

After a period of actively selling non-performing loans to the Việt Nam Asset Management Company (VAMC), banks are buying back the debts from the VAMC to self-handle.

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United Airlines reaches settlement with Vietnamese American passenger who was dragged off plane

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Báo Dân Trí English 1 month(s) ago 1 related news

David Dao, the doctor who was seen being dragged off a United Airlines jet this month in videos that sparked widespread outrage, has reached a settlement with the airline for an undisclosed amount, his lawyers said on Thursday.

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United Airlines reaches settlement with passenger dragged from plane

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Báo Tuổi Trẻ English 1 month(s) ago

United Airlines and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident that sparked international outrage.

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PM holds talks with Sri Lankan counterpart

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Báo điện tử CP English 1 month(s) ago 2 related news

VGP – PM Nguyen Xuan Phuc and his Sri Lankan counterpart Ranil Wickremesinghe agreed to raise the two-way trade turnover to US$ 1 billion in the coming time.

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Vietnam, Sri Lanka to raise two-way trade turnover to USD 1 billion

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Báo Dân Trí English 1 month(s) ago 1 related news

PM Nguyen Xuan Phuc and his Sri Lankan counterpart Ranil Wickremesinghe agreed to raise the two-way trade turnover to US$ 1 billion in the coming time.

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Laws urgently needed for bad debt settlements: PM

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Báo Đầu Tư English 1 month(s) ago

Streamlining legal regulations and making a specific law on restructuring of credit institutions and settling bad debts are very necessary and must be done urgently, Prime Minister Nguyễn Xuân Phúc said.

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VND0 takeover or bankruptcy?

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Báo Đầu Tư English 1 month(s) ago

The method of acquiring weak banks at VND0 is officially adopted on the draft law on supporting the restructuring of credit institutions and non-performing loan (NPL) settlement, composed by the State Bank of Vietnam (SBV). However, buying at the price of VND0 or boldly letting poorly performing commercial banks go bankrupt remains a dilemma.

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Banks cautious about business targets in 2017

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Báo Đầu Tư English 2 month(s) ago

The season of annual shareholders meeting will begin next month and commercial banks have been cautious while setting business targets for this year in the context of slow bad debt settlement and high risk provision, Dau tu chung khoan (Securities Investment) newspaper reported.

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Ministry updates on UXO pollution, settlement in Vietnam

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Báo Dân Trí English 2 month(s) ago

The Ministry of Labour, Invalids and Social Affairs (MoLISA) held a press conference on March 28 to update the media on the unexploded ordnance (UXO) contamination and the settlement of post-war UXO consequences in Vietnam.

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VN, Cambodia sign MoU on labour cooperation

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Báo điện tử CP English 2 month(s) ago 4 related news

VGP – Viet Nam’s Ministry of Labour, Invalids and Social Affairs (MoLISA) and the Ministry of Labour and Vocational Training of Cambodia in Hanoi on March 22 signed a memorandum of understanding (MoU) on labour cooperation.

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Derivatives market coming in May or June

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Báo Dân Trí English 2 month(s) ago

Vietnam’s derivatives market will start operating in May or June in hopes it will improve Vietnam’s securities market and attract more foreign investment, according to the Chairman of the State Securities Commission, Vũ Bằng.

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HCMC seeks US$ 50 billion for infrastructure development

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Báo điện tử CP English 2 month(s) ago 1 related news

VGP – By 2030, Ho Chi Minh City needs around US$ 50 billion for infrastructure development and welcomes the Asian Infrastructure Investment Bank (AIIB) to support investors to join the process.

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