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Category: VietnamSubscribe via RSS Feed

Month-long trial begins over $401m loss by Vietnam bank

22-Jul-2016 Intellasia | Tuoi Tre News | 6:00 AM

As many as three dozen defendants appeared in a HCM City court on Tuesday for involvement in a high-profile case causing the loss of more than VND9 trillion (US$401.79 [...]
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Banks’ cross-ownership problems remain unsolved

22-Jul-2016 Intellasia | DDDN | 6:00 AM

The State Bank of Vietnam (SBV) has decided that banks’ cross-ownership must end by February 2016. However, according to banking experts, the bank network remains [...]
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VAMC to announce NPL interest rates in the third quarter of 2016

22-Jul-2016 Intellasia | Vietnamplus | 6:00 AM

The Vietnam Asset Management Company (VAMC) has announced the interest rates applicable the purchased non-performing loans (NPL) to be implemented in the third quarter of [...]
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Business Briefs July 21

21-Jul-2016 Intellasia | | 4:31 PM

* Ben Tre Import and Export Company has registered to buy one million shares of Bien Hoa Sugar Company (BHS) to double its stake in BHS to two million shares (1.5 percent) [...]
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Streamlining procedures for new life insurance products

21-Jul-2016 Intellasia | VIR | 6:00 AM

Life insurance companies in Vietnam will benefit from simpler administration procedures when they register for the launch of any new product due to the easing of previous [...]
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HCM City to enjoy a special status for further growth

21-Jul-2016 Intellasia | VOV5 | 6:00 AM

HCM City’s high growth rate will provide momentum for Vietnam’s economic development. The newly-approved master plan until 2020 and vision until 2025 aim to turn [...]
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First trial held of ex-VNCB officials

21-Jul-2016 Intellasia | Bizhub | 6:00 AM

The HCM City People’s Court on July 19 opened the first trial on a corruption case involving over VND9 trillion (US$405 million) and the Vietnam Construction Bank [...]
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Vietnam’s growth forecast downgraded, mid-term outlook positive

21-Jul-2016 Intellasia | VNA | 6:00 AM

The World Bank (WB) has revised its 2016 growth forecast for Vietnam down to 6 percent from 6.2 percent predicted earlier in the year. In a report released on July 19, the WB [...]
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2016 credit growth target of 18-20pct possible

21-Jul-2016 Intellasia | Dau Tu Chung Khoan | 6:00 AM

State Bank of Vietnam (SBV) said that as of late June 2016, outstanding credit balance in the economy increased by about 7 percent, well below the target of 18-20 percent for [...]
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Minister urges more effort to reach export goal

21-Jul-2016 Intellasia | Bizhub | 6:00 AM

Minister of Industry and Trade Tran Tuan Anh at a conference held yesterday in HCM City called for more concerted efforts from the government, localities and businesses to [...]
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Solutions to boosting exports sought

21-Jul-2016 Intellasia | VNA | 6:00 AM

The southern business community suggested more cuts in export procedures as among solutions to spurring Vietnam’s exports in the remaining months of 2016 at a [...]
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Cooperatives should be restructured for stronger development: official

21-Jul-2016 Intellasia | VNA | 6:00 AM

It is necessary to reorganise the cooperative sector through gathering individual producers in cooperatives and cooperative groups in the time ahead, said President of the [...]
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Liberal laws send startups up strongly

21-Jul-2016 Intellasia | TBKTSG | 6:00 AM

Nearly 106,000 enterprises have been established with total registered capital of nearly VND768 trillion (around $34.2 billion) since the revised enterprise and investment [...]
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Taking Stock of Vietnam, World Bank Report

21-Jul-2016 Intellasia | Infozine | 6:00 AM

A report released by the World Bank in Vietnam, the biannual Taking Stock, attributes Vietnam’s slower growth to the impact of a severe drought on agricultural [...]
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Vietnam attends UN Conference on Trade and Development

21-Jul-2016 Intellasia | VNA | 6:00 AM

Vietnam has actively supported developing countries in the fields of its strength through the South-South Cooperation Mechanism and tripartite collaboration, stated Assistant [...]
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