Finance companies offer loans at sky high interest rates

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VietnamNet English 1 week(s) ago

Finance companies offer loans at sky high interest rates

VietNamNet Bridge – A lot of people have fallen into a trap set by finance companies. Promising simple administrative procedures, but the companies overcharge borrowers with exorbitant interest rtes.

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HCM City lacks public places for traffic

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Báo Dân Trí English 1 week(s) ago

HCM City lacks public places for traffic

According to HCM City People's Committee, the city only has 27.3 million square metres for road while its 5.5 million registered motorbikes and over 500,000 cars need 100 million square metres for traffic.

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Income down, but banking sector remains hot

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VietnamNet English 1 month(s) ago 1 related news

Income down, but banking sector remains hot

VietNamNet Bridge – Commercial banks continue recruiting more officers, and though the average income decreased in 2012, bank officers still had sky high monthly salaries, which were the dream of the workers in other business fields.

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In Vietnam, functional foods advertised as panacea

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VietnamNet English 1 month(s) ago

In Vietnam, functional foods advertised as panacea

VietnamNet Bridge – The market for functional foods is in chaos. These products are advertised as wonderful remedies that can cure all kinds of diseases, even cancer. The price is also “sky high”. Many people have become victims of false advertisement.

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Loans still beyond reach of enterprises

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SaigonTimes English 2 month(s) ago

HCMC – Enterprises still find it difficult to access bank loans due to sky-high lending rates and low confidence of lenders in them, heard a meeting between the HCMC authorities and businessmen on Tuesday.

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Milk prices to shoot up

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SaigonTimes English 3 month(s) ago

HCMC – Milk producers have announced they will raise prices soon though local consumers are still struggling with sky-high food prices.

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Farmer cultivates unique car-shaped watermelons

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SaiGon GP English 3 month(s) ago

Farmer cultivates unique car-shaped watermelons

Since they first appeared last year in the Mekong Delta City of Can Tho, watermelons in the shape of a car have drawn so much attention from the public that their price has jacked sky high, yet they sell like hotcakes.

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Local firms bemoan sky-high land rents

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SaigonTimes English 8 month(s) ago

HCMC – Several enterprises complained on Thursday that their business is in difficulty due to land rents jumping by between eight and twenty four-fold compared to previous years.

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Hong Kong apartment fetches record $61 million

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Báo Tuổi Trẻ English 9 month(s) ago 1 related news

Hong Kong apartment fetches record $61 million

A luxury apartment in Hong Kong has sold for a record HK$470 million ($61 million), making it the priciest condominium in the Chinese city and possibly the second most expensive in the world, reports said.

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Old villas remain popular despite housing market slump

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Hanoi Times English 9 month(s) ago

The Hanoitimes - Despite the slump in real estate prices, old villas in Hanoi are still going for sky high prices.

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Old villas remain popular despite housing market slump

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Báo Dân Trí English 10 month(s) ago

Old villas remain popular despite housing market slump

Despite the slump in real estate prices, old villas in Hanoi are still going for sky high prices.

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Sky high inventories plague firms

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Báo Đầu Tư English 10 month(s) ago

Sky high inventories plague firms

Building materials producers have been knocked sideways by a hostile business climate.

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First realty trading floor alliance in business

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SaigonTimes English 10 month(s) ago

HANOI – G5 realty trading floor, the first alliance of property trading floors in the northern region, has opened for business.

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Local firms say lending rates still sky-high

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SaigonTimes English 11 month(s) ago 1 related news

HCMC – Local businesses are still decrying the sky-high lending rates for their old loans despite the central bank’s recent promise to push the borrowing costs down from July 15 to prop up the struggling economy.

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Fish exporters decry capital shortages despite high exports

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SaigonTimes English 11 month(s) ago

CANTHO - Tra fish exporters are always whingeing about financial constraints, blaming their undercutting one another on matured bank loans with sky-high lending rates. However, export performance of the whole industry in the first few months of the year indicates extremely high growth. So is it true that tra fish exporters are lacking capital shortages as severely as they claim?

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