Category: Vietnam
Ernst & Young: medium term GDP to reach 6.5pct
Ernst & Young has announced the prediction about the fast-growth markets in April 2013. According to the report, in 2012, inflation was slow down, so currency and fiscal [...]
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Vietnamese entrepreneurs in Russia discuss future plans
As many as 30 prominent entrepreneurs representing the Vietnamese business community across Russia have gathered in Volgagrad city to discuss their future direction and [...]
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Vietnam to gain from trade flow shift
Noel Quinn, HSBC Group general manager and Regional Head of Commercial Banking Asia Pacific recently had a visit to Vietnam, one of HSBC’s important markets. He shared [...]
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Vietnam found six key industries to gather strength on
Six industries including consumer electrics/electronics, food processing, ship building, agriculture machinery, environment and energy saving, automobile/car part [...]
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Cbank slashes key interest rates by 1pct
The State Bank of Vietnam (SBV) has decided to cut key interest rates by 1 percentage point starting May 10, 2013. Accordingly, the refinancing rate, discounted rate, and [...]
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OMO interest rate to fall to 6pct/yr on May 13: HSBC
After the State Bank of Vietnam (SBV)’s move to cut down key rates on May 10, Hong Kong and Shanghai Banking Corp (HSBC) forecasts the interest rate on open market [...]
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Vietnam’s foreign currency reserves at over $30b: PM
Vietnam’s forex market and forex rate in the first months of this year were still stable, the local Newswire Tuoi Tre reported, citing the prime minister as saying at a [...]
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SBV makes net injection of 452b dong on OMO last week
The State Bank of Vietnam (SBV) on May 10 pumped 117 billion dong while withdrawing one trillion dong, leading to a net withdrawal of 883 billion dong on open market [...]
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Bidv officially cuts lending rate for old loans to below 13pct/yr
Commercial Joint Stock Bank for Investment and Development of Vietnam (Bidv) has recently announced to continue to lower the lending interest rate in dong for long standing [...]
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14pct of old loans still bear lending rate of the above 15pct/ yr
The State Bank of Vietnam (SBV) on May 10 organised a press conference to announce its second key rate cut since early this year, by 1 percent per year. Notably, in this [...]
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Credit growth for real estate reasonable
Amidst difficulties of general credit growth in the first three months of this year, credit for real estate still maintained a reasonable growth, Nguyen Viet Manh, head of [...]
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Foreign and joint venture banks in Vietnam overcome hardships
Currently, there are five joint venture banks, five foreign owned banks and 54 foreign banking branches licensed to operate in Vietnam. The branches and representative [...]
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Loans sought for coffee, pepper farmers
Coffee and pepper farmers should be given loans to stockpile their products instead of selling them on the cheap, said the Vietnam Coffee and Cocoa Association (Vicofa) and [...]
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Small banks look to make bigger waves
Small banks are weighing up whether to hike their chartered capital to foster strength. But, whether their plans are feasible in the current context of market vulnerabilities [...]
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Justice Ministry rules on exclusive gold bar production
The Ministry of Justice has replied to inquiries from National Assembly deputies, clarifying the position on the State monopoly of gold bar production. Deputy Tran Thi Quoc [...]
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