Archive for February 27th, 2019

Regulation needed for P2P loans

27-Feb-2019 Intellasia | VNS | 6:00 AM

With peer-to-peer lending becoming increasingly popular in Vietnam, experts said a legal framework is needed to regulate the activity to prevent loan-sharking. Since last [...]
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Dragon Capital Chair proposes to extend foreign ownership limit at banks to 49pct

27-Feb-2019 Intellasia | BisLIVE | 6:00 AM

Dominic Scriven also wants the State Bank of Vietnam (SBV) to be bolder in divestment, accepting to sell more shares to create conditions for enterprises to reform their [...]
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Agribank named among strongest banks in Asia-Pacific

27-Feb-2019 Intellasia | VNA | 6:00 AM

The Vietnam Bank for Agriculture and Rural Development (Agribank) has been recently named in the top 500 strongest banks (AB500) in Asia-Pacific by the Asian Banker. Agribank [...]
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Number of fruit, veggie processing plants rises

27-Feb-2019 Intellasia | The Saigon Times | 6:00 AM

Many investors have funded projects involving the processing of Vietnamese fruits and vegetables over the past three years to leverage Vietnam’s abundance of local [...]
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Vietnam racks up $1.3 billion trade deficit by mid-February

27-Feb-2019 Intellasia | VOV | 6:00 AM

Vietnam recorded a trade deficit of $2.086 billion during the first half of February, resulting in a nearly $1.3 billion trade deficit for the country by mid-February, [...]
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Rubber exports plummet during first two months

27-Feb-2019 Intellasia | VOV | 6:00 AM

Vietnam’s rubber exports were estimated to reach only 186,000 tonnes during the first two months of 2019, worth a total value of $274 million, representing a drop in [...]
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Vietnam’s open economy vulnerable to upheavals

27-Feb-2019 Intellasia | VNS | 6:00 AM

Vietnam’s economy is becoming more vulnerable to world events, especially the US-China trade war. 2018 was a successful year for Vietnam with the trade surplus for the [...]
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Cement, clinker demand to edge up this year

27-Feb-2019 Intellasia | VNS | 6:00 AM

Demand for cement and clinker is expected to increase marginally to 98-99 million tonnes, according to the Ministry of Construction. This would include domestic consumption [...]
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Dong Nai records three-fold surge in FDI

27-Feb-2019 Intellasia | VNA | 6:00 AM

Foreign direct investment (FDI) to the southern province of Dong Nai hit 186.4 million USD in the first two months of this year, surging three times against the same period [...]
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Authorities find ways to manage low rice prices in Mekong Delta

27-Feb-2019 Intellasia | The Saigon Times | 6:00 AM

The Departments of Agriculture and Rural Development of the Mekong Delta provinces and provincial governments are introducing ways to cut rice inventories and promote rice [...]
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Tuna exports likely to reach $1b this year

27-Feb-2019 Intellasia | VNS | 6:00 AM

Tuna exports are expected to top $1 billion this year, up $350 million from last year, according to the Vietnam Association of Seafood Exporters and Producers. VASEP general [...]
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