SPECIAL

Foreign investors inject $3b in Vietnamese firms Foreign investors inject $3b in Vietnamese firms

Foreign investors have invested almost US$3 billion in Vietnamese enterprises in the last twelve months ending July 2016, the Foreign Investment Agency under the Ministry of Planning and Investment reported on Thursday.


VN to develop competition policy VN to develop competition policy

Viet Nam is developing a comprehensive competition policy scheme in an effort to refuel reform and accelerate growth towards a market-based economy.


Inspectorate to investigate MobiFone stake purchase in AVG Inspectorate to investigate MobiFone stake purchase in AVG

Viet Nam's Government inspectorate will conduct a comprehensive inspection of MobiFone Telecommunications Corporation's business transaction in which it acquired a 95 per cent stake in Audio Visual Global JSC (AVG).


Central bank sounds alarm after hacks Central bank sounds alarm after hacks

The State Bank of Viet Nam has written to banks, credit institutions and financial organisations, warning them against hackers a day after the websites of Noi Bai and Tan Son Nhat airports and Vietnam Airlines were hacked.



Credit institutions told to enhance lending supervision Credit institutions told to enhance lending supervision

(Aug 29, 2016)

The State Bank of Viet Nam has directed its supervisors and credit institutions to enhance control on lending to borrowers with large outstanding loans.

Vietcombank to sell 7.73% stake to Singapore partner

Singapore's sovereign wealth fund GIC is set to acquire a 7.73 per cent stake on a fully enlarged basis in Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietcombank announced today.

Vietcombank hopes to buy HCM City's urban bonds

Vietcombank expects to invest about VND2 trillion (US$89.5 million) to VND3 trillion in urban bonds issued by HCM City, the bank's chairman, Nghiem Xuan Thanh, said on August 22.

SBV warns of online fraud

The State Bank of Viet Nam has warned people using online banking services to be vigilant since many frauds have occurred recently.

Bankers discuss internal capital assessment for Basel II

Banking experts shared their experiences in applying the Basel II capital adequacy guidelines at an IFC -hosted workshop today in Ha Noi on August 18.

IFC to give VPBank $125m finance package

IFC has approved a US$125-million finance package to the Vietnam Prosperity Joint Stock Commercial Bank (VPBank).

SBV to submit restructuring project to PM

The State Bank of Viet Nam expects to submit to Prime Minister Nguyen Xuan Phuc a project to restructure credit institutions between 2016 and 2020 in the third quarter of this year.

Vietcombank tightens OTP service security

The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) on August 16 announced on its official website changes to activation methods of smart OTP services.

Government approves plan to reduce cash use

The Government has approved an e-commerce development plan for 2016-20 that targets 50 per cent of consumers switching from cash to other forms of payment.

Banking system takes action to assist businesses

Supporting businesses is among the focal tasks of the banking system till 2020, Deputy Governor of the State Bank of Viet Nam (SBV) Dao Minh Tu has said.

VAMC can meet debt recovery target this year

The Viet Nam Asset Management Company (VAMC) could meet a target to recover VND30 trillion (US$1.339 billion) of bad debts this year, VAMC Deputy General Director Nguyen Van Thang said.

Binh Son sign MoU with Honeywell UOPBinh Son sign MoU with Honeywell UOP

Honeywell UOP from the US has agree to provide oil refinery and petrochemical technology, and technical services for the Binh Son Refining and Petrochemical Company Ltd (BSR) following a recent signed memorandum of understanding (MoU) between the two companies.

Vinamilk's growth and future plans: CEOVinamilk's growth and future plans: CEO

Mai Kieu Lien, Vinamilk Chief Executive Officer, told Vietnam News Agency about Vinamilk's successes in production and business strategies as well as challenges it has faced and targets for the future on the occasion of Vinamilk's 40th birthday.

Foreign coffee, fast food retreat from Viet Nam Foreign coffee, fast food retreat from Viet Nam

The Vietnamese coffee market is considered very promising estimated to grow at 15 per cent through 2020. The question now is if Vietnamese chains can grab the opportunities created by the withdrawal of foreign brands.

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