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Category: VietnamSubscribe via RSS Feed

Vietnam pushes state divestments as budget gap widens

03-Sep-2016 Intellasia | Nikkei | 6:00 AM

Prime minister Nguyen Xuan Phuc has ordered Vietnamese officials to speed up divestments of state-owned companies as the national deficit threatens to reach 6.6 percent of [...]
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Vietnam says has enough coal for several centuries

03-Sep-2016 Intellasia | VN Expess | 6:00 AM

The country also plans to import more coal to meet domestic demand for electricity. Surveys of two coal fields in northern Vietnam will be completed in the next few years and [...]
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UOB to invest S$34m in Vietnam hydropower market

03-Sep-2016 Intellasia | CNA | 6:00 AM

Singapore’s United Overseas Bank Limited (UOB) will invest $25 million (S$34 million) in Vietnam’s Bitexco Power in an effort to tap into the country’s [...]
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FDI down as HCM City becomes more choosy

02-Sep-2016 Intellasia | Bizhub | 6:00 AM

Some experts talk to Vietnam News about the investment environment in HCM City and measures to aid investors in the city, in the context of declining foreign direct [...]
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Moody’s: Domestic demand supports Vietnam’s growth outlook, banking sector risks remain

02-Sep-2016 Intellasia | Moodys | 6:00 AM

Moody’s Investors Service says that Vietnam’s (B1 stable) credit profile is supported by its robust economic growth and diversified economy. These credit [...]
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Treasury sells G-bonds worth $367.2m on August 31

02-Sep-2016 Intellasia | VNS | 6:00 AM

Vietnam’s state treasury offloaded all the government bonds, worth VND8.2 trillion (US$367.2 million), on August 31 on the Hanoi Stock Exchange. In particular, the [...]
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Free gold testing centres in a month

02-Sep-2016 Intellasia | VNS | 6:00 AM

Locals can test gold content free of cost in a month when a company that conducts such tests goes into operation, a Vietnam Gold Trading Association (VGTA) official said. [...]
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Rapid government debt and credit growth counterbalance Vietnam’s growth outlook says Moody’s

02-Sep-2016 Intellasia | Ftseglobalmarkets | 6:00 AM

Although supported by a robust economy, Moody’s says that Vietnam’s (B1 stable) credit profile should be balanced against accelerating credit growth, wide fiscal [...]
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Fitch: Strong Growth Attracts Foreign Capital for Vietnam Banks

02-Sep-2016 Intellasia | Reuters | 6:00 AM

Vietnam’s strong economic performance is helping to attract much-needed foreign capital into its banking system, says Fitch Ratings. Banks are likely to need additional [...]
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C.bank urges increased monitoring of card payment risks

02-Sep-2016 Intellasia | The Saigon Times | 6:00 AM

The State Bank of Vietnam (SBV) has called for providers of card payment services, the Vietnam Banks Association and management agencies to step up the monitoring of card [...]
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Increasing capital is essential for banks

02-Sep-2016 Intellasia | Bao Dau Tu | 6:00 AM

Banking and finance expert Dr Nguyen Tri Hieu said that in the increasingly fierce competition of the banking sector, to stand still and grow stably, banks must enhance their [...]
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Government approves 5-year investment boost

02-Sep-2016 Intellasia | VNA | 6:00 AM

Three mega programmes covering agricultural restructuring, fisheries and forestry development and disaster prevention have been allocated 640 trillion VND (29 billion USD) in [...]
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Vietnam manufacturing PMI rises to 52.2 in August

02-Sep-2016 Intellasia | Nikkei | 6:00 AM

The Nikkei Vietnam Manufacturing Purchasing managers’ Index, or PMI, rose to 52.2 in August from 51.9 in July. A reading above 50 indicates economic expansion, while a [...]
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Vietnam records trade surplus of $2.45b: GSO

02-Sep-2016 Intellasia | Bizhub | 6:00 AM

Vietnam enjoyed a trade surplus of $2.45 billion in the first eight months of this year, a report from general Statistical Office (GSO) has revealed. The eight-month trade [...]
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Startups rise in first eight months

02-Sep-2016 Intellasia | The Saigon Times | 6:00 AM

The number of newly established firms in January-August has jumped 19.7 percent year-on-year to more than 73,400, according to the Business Registration Agency under the [...]
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