Number of new enterprises reaches record high

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Báo điện tử CP English 2 day(s) ago 8 related news

VGP – In Q1, 2017, 26,478 firms were founded with a total registered capital of VND 271.2 trillion, the Enterprise Development Agency.

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Six banks pledge $1.14bn in finance to projects in Quang Nam

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Báo Dân Trí English 1 day(s) ago

Six banks - BIDV, Vietcombank, VietinBank, Agribank, LienVietPostBank, and SHB - pledged credit of VND26 trillion ($1.14 billion) for ten major projects in central Quang Nam province on March 26 at the Investment Promotion Conference.

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PM wants Hoi An’s home province to be Vietnam’s tourism hub

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Báo Tuổi Trẻ English 2 day(s) ago

Vietnam’s Prime Minister Nguyen Xuan Phuc believes Quang Nam, the central province home to the world-renowned Hoi An Ancient Town, has all the conditions necessary to become a major tourism center.

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PM lauds Quang Nam potential

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Báo Đầu Tư English 2 day(s) ago

Organic farming, hi-tech agriculture, tourism and services – these are the key growth areas for Quang Nam Province, Prime Minister Nguyen Xuan Phuc said on Sunday.

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Nearly USD4 billion to be invested in central highlands

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Báo Dân Trí English 3 day(s) ago

Domestic and foreign investors have registered to pour VND86 trillion ($3.86 billion) into 25 projects in central highlands provinces between now and 2020, the Vietnam News Agency reports.

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Quang Nam marks its 20th re-establishment anniversary

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SaiGon GP English 4 day(s) ago 1 related news

The central province of Quang Nam yesterday held a meeting for its 20th anniversary re-establishment and received the Independence Order First Class.

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US$4,34 billion credit package to be spent on high-tech agriculture

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SaiGon GP English 5 day(s) ago

Deputy Prime Minister Vuong Dinh Hue and related agencies yesterday discussed on the implementation of credit package of VND100 trillion (US$4.34 billion) from commercial banks’ called-up capital for high-tech agriculture development loan.

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SBV should offer failing banks to foreign investors

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Báo Đầu Tư English 6 day(s) ago

The vigorous restructuring of “zero VND” banks whose capital is believed to have fallen far below the minimum requirement of VND3 trillion ($140.6 million) is the main goal of the banking system this year. Dr Tran Du Lich, a financial and economic specialist, told VIR’s Thuy Vinh that buying out “zero VND” banks is only a temporary solution. It is time for the State Bank of Vietnam (SBV) to stop interfering with the restructuring of “zero VND” banks.

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VAMC asks for five-fold increase in charter capital

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Báo Đầu Tư English 6 day(s) ago

The Viet Nam Asset Management Company (VAMC) has proposed to raise its current charter capital from VND2 trillion (US$87.6 million) to VND10 trillion by 2020.

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Doubts about upcoming HoSE heavyweight Petrolimex’s prospects

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Báo Đầu Tư English 1 week(s) ago 1 related news

A scheduled listing on stock exchange is causing the price of the stock of Vietnam National Petroleum Group, or Petrolimex’s stock (OTC: PLX) to soar, however, there are many factors that may make the stock not as attractive as investors speculate.

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Central bank injects more money into market

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Báo Đầu Tư English 1 week(s) ago

State Bank of Viet Nam made a net cash injection of VND16 trillion (US$704.8 million) via open market operations in the past week to support liquidity of the banking system, Bao Viet Securities Co (BVSC) reported.

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Ninh Thuan develops maritime economy

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Báo điện tử CP English 1 week(s) ago 6 related news

VGP - The People’s Committee of the south central coastal province of Ninh Thuan has just approved a project to develop local maritime economy by 2020 in a comprehensive and modern way.

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Vietnamese banks’ growth unsustainable

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Báo Đầu Tư English 1 week(s) ago

Profits in 2016 showed that banks had good performance, but the growth in expenditures is higher than that of profit, which raised questions about the effectiveness of banks’ operations.

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Challenges ahead for King of pangasius

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Báo Đầu Tư English 1 week(s) ago

The future looks challenging for Hung Vuong Joint Stock Company (HoSE: HVG), dubbed “the King of Pangasius,” after the audit of the company’s financial reports showed a big discrepancy between the audited and self-reported profit, revenue, and liabilities.

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With 6 more listings, UPCoM crosses 500

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Báo Đầu Tư English 1 week(s) ago

Six companies debuted their shares on the Unlisted Public Company Market (UPCoM) on Thursday, with a total of 495.6 million shares listed on the exchange worth nearly VND5 trillion (US$219.3 million).

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