Banks to up capital by $1.6b

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Báo Đầu Tư English 15 hour(s) ago

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VNĐ37 trillion (US$1.62 billion).

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PetroVietnam set to lose $220mn on loss-making shipbuilder

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Báo Tuổi Trẻ English 1 day(s) ago

An investment of nearly US$225 million by state-run PetroVietnam, made to revitalize a struggling shipbuilder, is likely to become money down the drain as the loss-making firm is on the verge of bankruptcy.

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PM approves $1b Nghe An industrial park

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Báo Đầu Tư English 2 day(s) ago

The Prime Minister released a decision on Monday approving the development of the WHA Hemaraj 1 Industrial Park in Nghe An Province’s Southeast Economic Zone, local online newspaper baonghean.vn reported.

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Kien Giang approves urban development programme until 2025

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Báo điện tử CP English 2 day(s) ago

VGP - The Mekong Delta province of Kien Giang has approved a programme on urban development through 2025, aiming to meet local socio-economic development needs in the context of international integration and to improve local living standards.

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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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Vietnam’s 2015 budget overspend tops $3.88bn: audit

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Báo Tuổi Trẻ English 3 day(s) ago

The Vietnamese government’s total expenditure in 2015 was nearly US$4 billion more than budget estimates, a state audit has revealed.

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Tentative banks slow hi-tech agricultural credit package

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Báo Đầu Tư English 4 day(s) ago

There is a VND130-140 trillion ($5.72-$6.16 billion) credit package for hi-tech agricultural projects, however, few firms have been able to access it due to cautious banks.

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Dung Quat Refinery plans for IPO

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Báo Đầu Tư English 6 day(s) ago

Vietnam’s first oil refinery operator Binh Son Refinery and Petrochemical Co Ltd (BSR) has planned its domestic initial public offering (IPO) with 5-6 per cent of its capital in the fourth quarter of the year.

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Billion-dollar projects transform Phu Quoc vista

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Báo Đầu Tư English 1 week(s) ago

As of now, Phu Quoc Island has attracted $16.7 billion in investment capital to a range of international-scale projects that not only gave the island a new face, but also attracted other projects as well as tourists. Sun Group’s projects in the south of the island are one of the engines of change.

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Hải Phòng told to revise port fees

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Báo Đầu Tư English 1 week(s) ago

Deputy Prime Minister Vương Đình Huệ has asked Hải Phòng City to revise fees for using infrastructure, service facilities and public utilities at ports in the city.

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Ground broken on coastal road connecting Hai Phong, Thai Binh

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

VGP - A groundbreaking ceremony has recently been held in Hai Phong for the construction of a VND3.46 trillion (US$152.24 million) coastal road connecting the northern port city and the northern province of Thai Bình.

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Banking system’s liquidity positive after months

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Báo Đầu Tư English 1 week(s) ago

Liquidity in the inter-bank market has showed positive signs after several months of being under pressure.

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FDI’s link to growth disparity

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Báo Đầu Tư English 1 week(s) ago

In Vietnam, the localities attracting greater foreign direct investment have generally reached higher development levels than their counterparts, a situation which has led to uneven development among regions. If countermeasures are not introduced now, the development gap could grow, which will have repercussions on national development overall. Senior economist Nguyen Mai delves into the problem.

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Windfall of South Korean high ballers

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Báo Đầu Tư English 1 week(s) ago

South Korea has done extraordinarily well in the first quarter of 2017, leading to an unusually high number of corporations breaking the KRW1 trillion threshold in quarterly operating profit. While the usual annual crop is about 3-4 companies, this year a stellar nine enterprises reached the dream.

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Ground broken on coastal road connecting Hai Phong, Thai Binh

0 vote(s)Comment

Báo Đầu Tư English 1 week(s) ago

A groundbreaking ceremony has recently been held in Hai Phong for the construction of a VND3.46 trillion (US$152.24 million) coastal road connecting the northern port city and the northern province of Thai Bình.

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