SPECIAL

Viet Nam rolls with Southeast Asia's tech growth Viet Nam rolls with Southeast Asia's tech growth

Investors, start-up founders and experts gathered in Singapore for a two-day Tech in Asia 2016 conference. Viet Nam News talked with some of them to discover why Viet Nam is becoming a hot-spot for start-ups.


Lawmakers increase tax on vehicles with large engine displacement Lawmakers increase tax on vehicles with large engine displacement

Lawmakers decided to reduce tax on vehicles with small engine displacement, while increasing tax on vehicles with engine displacement of more than 2,500cc.


$4b casino resort project to break ground in Hoi An $4b casino resort project to break ground in Hoi An

Construction of the Nam Hoi An Casino Resort Project will begin in the UNESCO heritage city of Hoi An in the central Quang Nam Province on April 23.


VN on the rise in ASEAN banks' ranking VN on the rise in ASEAN banks' ranking

Viet Nam's lenders are gathering speed, posting the second-highest growth by country in this year's ranking of the top 100 banks in the ASEAN.



Banks' equity up, assets down Banks' equity up, assets down

(Apr 28, 2016)

The combined equity of all lenders in the domestic banking system reached nearly VNĐ580.3 trillion ending January, an increase of VNĐ2.3 trillion over the end of 2015.

Major banks to lower lending rates

Major banks lowered their lending interest rates following official calls to ease business operations and assist the market.

Vietinbank looking for more M&A opportunities

The Viet Nam Bank for Industry and Trade (Vietinbank) will continually look for merger and acquisition (M&A) opportunities with other banks to expand its reach and market share.

HDBank among three to support small firms

HCM City Development Bank (HDBank) has been selected as one of the three banks that will support the newly established small and medium-sized enterprises (SMEs) support foundation.

CIC should use other industries' data

The Credit Information Centre (CIC) under the State Bank of Viet Nam should use data from other industries instead of information just from credit institutions to bring customers to banks.

Banks ask SBV to delay stricter rules

Commercial banks are recommending that the State Bank of Viet Nam (SBV) delay tightening of lending rules, as it could face difficulties once it takes effect on January 1, 2017.

VN public spending must be controlled: economists

Economists last Friday urged the Government to tighten management of public spending to reduce the budget deficit and to ease pressures caused by the public debt.

Firms adapt to anti-dollar drive

Domestic firms have taken the first measures in an effort to adapt to the State Bank of Viet Nam (SBV)'s new regulation on tightening foreign currency credit.

Credit institutions and foreign banks to submit bad debt plans

The State Bank of Viet Nam (SBV) has requested credit institutions and foreign banks to intensify their credit quality and bad debt management and submit their bad debt handling plans.

Bac A Bank set for IPO by 2020: general director

Bac A Bank plans to make its initial public offering (IPO) during 2016-2020, Thai Huong, the bank's general director, said yesterday at the annual shareholder meeting.

Increase in overseas forex trading normal

A surge of US$5.9 billion in overseas foreign currency deposits by local commercial banks in the third quarter of last year was normal.

Co.opmart, Co.opXtra offer products at just VND2,000Co.opmart, Co.opXtra offer products at just VND2,000

With sales expected to be 50-100 per cent higher than on normal days during the long Liberation Day (April 30) - May Day holiday, the Co.opmart and Co.opXtra supermarket chains have stocked up on essential and price-stabilised products and launched promotions.

TPP to aid domestic financial sector: economistTPP to aid domestic financial sector: economist

The Trans-Pacific Partnership (TPP) will bring both opportunities and challenges to the finance sector in Viet Nam. Viet Nam News asks Alan Pham, chief economist of VinaCapital Corporate Finance Viet Nam Ltd., about them.

South Korea, Japan, Singapore scouting for real estate opportunities in Viet Nam South Korea, Japan, Singapore scouting for real estate opportunities in Viet Nam

On April 12 South Korean securities firm Mirae Asset Securities Co announced it would join hands with global investment company AON BGN, a former AON Holdings, to take over Keangnam Ha Noi Landmark Tower in Ha Noi.

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