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Category: VietnamSubscribe via RSS Feed

Banks sharply lower consumer lending rates

24-Jan-2015 Intellasia | Bizlive | 6:00 AM

The average lending rate of collateral loans was lowered to 12-13 percent per annum while that of unsecured loans remained high at 18-20 percent per annum. Some banks has [...]
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Lending rate may fall by 1pct

24-Jan-2015 Intellasia | Dan Tri | 6:00 AM

Interest rate for medium and long term loans may be further reduced by one percent, in order to bring the average medium and long term interest rate to under 10 percent. The [...]
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CPI down on falling fuel prices

24-Jan-2015 Intellasia | VNS | 6:00 AM

In January consumer prices in HCM City fell by 0.48 per cent month-on-month, the sharpest decline in January in several years as the slump in petrol, kerosene, and cooking [...]
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Short-term inter-bank rates inch up

24-Jan-2015 Intellasia | TBKTSG | 6:00 AM

The average interest rates for under-one-month loans on the inter-bank market picked up last week but the rate for one-month loans declined, VietnamPlus cites a central bank [...]
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EuroCham’s BCI shows increased confidence

24-Jan-2015 Intellasia | VNA | 6:00 AM

The European Chamber of Commerce (EuroCham) in Vietnam on January 22 announced the Business Climate Index (BCI) for the fourth quarter of 2014, showing business confidence, [...]
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Bank credit swells in two largest cities

24-Jan-2015 Intellasia | Bizhub | 6:00 AM

Growing demand is expected to significantly boost commercial banks’ credit for January, based on information from banks in the country’s two largest cities Hanoi [...]
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Switzerland invests nearly $2b in Vietnam

24-Jan-2015 Intellasia | VOV | 6:00 AM

As of December 2014, Switzerland had foreign direct investment (FDI) of $1.94 billion in 101 projects throughout Vietnam, according to Foreign Investment Agency (FIA). [...]
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Ministry: Priority for worker housing projects

24-Jan-2015 Intellasia | TBKTSG | 6:00 AM

The Ministry of Construction has identified investments in social housing projects for workers as one of the priorities this year, expressing hope that these projects would [...]
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Vietnam targets increased exports in 2015

24-Jan-2015 Intellasia | Cemnet | 6:00 AM

Vietnam is forecast to export 25-26Mt of cement and clinker in 2015, the Dau Tu (Investment) newspaper reported, citing the country’s Ministry of Construction. The main [...]
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Second-home segment bouncing back

24-Jan-2015 Intellasia | Bizhub | 6:00 AM

The second-home market is becoming livelier as the property market emerges from a long slump. Dau Tu newspaper reported that Vinh Thien Duong Company is wrapping up [...]
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Vietnam needs $30b for green growth

24-Jan-2015 Intellasia | Xinhua | 6:00 AM

Vietnam will need $30 billion for a green growth and sustainable development strategy by 2020, according to Pham Hoang Mai, head of the Science, Education, Natural Resource [...]
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City funds infrastructure for Samsung project

24-Jan-2015 Intellasia | TBKTSG | 6:00 AM

The government of HCM City is spending around VND1 trillion developing infrastructure and building facilities to support the implementation of Samsung’s $1.4 billion [...]
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Vietnam sees rise in FDI exports

24-Jan-2015 Intellasia | Xinhua | 6:00 AM

In the past few years, exports of the foreign direct investment (FDI) sector have become highlight in Vietnamese economy, according to a recent report released by the Foreign [...]
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HCM City welcomes Samsung project with over $46m in infrastructure upgrades

24-Jan-2015 Intellasia | Tuoitre News | 6:00 AM

HCM City is spending over $46 million on infrastructure upgrades to speed up the implementation of a multibillion-dollar project by Samsung, the city’s chair told [...]
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FDI firms contribute more to export growth

24-Jan-2015 Intellasia | TBKTSG | 6:00 AM

Foreign direct investment (FDI) enterprises have contributed more to the country’s export performance in the past five years, hence economic growth, according to the [...]
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