Bank, property shares back VN-Index
16:02 | 13/03/2015 Finance - Banking
The benchmark VN-Index made a rebound on March 12 on the Hochiminh Stock Exchange, led by bank and property stock gains.
Markets fall on foreign sell-offs
14:03 | 12/03/2015 Finance - Banking
Foreign investors on March 11 remained the markets' top sellers for the fourth session in a row as they increased their net selling value by 166.17 percent over the previous day’s session to 83.8 billion VND (4 million USD), hurting both southern and northern bourses' performance.
HCM City banks offer soft loans to meet lending target
10:17 | 12/03/2015 Finance - Banking
Banks in HCM City are vying with one another to offer preferential loans in an effort to achieve the year's credit growth target of 13-15%.
Banks cut rates on the back of low CPI
09:50 | 10/03/2015 Finance - Banking
Deposit interest rates are set to fall across the board for the local banking sector, including a prediction that there should be a cut in a open-market operations interest rates to at least 4.5 % a year by the end of 2015.
Import tax increases affect rice exports to Mexico
15:56 | 09/03/2015 Finance - Banking
(VEN) - Mexico ranks 34th among 100 rice producers in the world, but it still has to import 75 percent of the domestic demand for rice from other countries, including Vietnam.
WB helps Vietnam reduce poverty
15:53 | 09/03/2015 Finance - Banking
(VEN) - The World Bank (WB) recently approved US$100 million in additional financing for an ongoing project to help Vietnam improve the living standards of residents in the poorest areas of the country.
Credit growth sees Tet spike
15:01 | 09/03/2015 Finance - Banking
Credit activities have developed strongly in the first months of 2015, a positive sign for the economy's recovery, independent market observers have said.
Central bank takes over construction bank equity
09:30 | 09/03/2015 Finance - Banking
The State Bank of Viet Nam (SBV) has acquired all the equity of the Vietnam Construction Joint Stock Commercial Bank (VNCB).
Customs reform to meet ASEAN-6 requirements
10:26 | 07/03/2015 Finance - Banking
(VEN) - The General Department of Vietnam Customs (GDVC) is focusing on streamlining customs procedures in accordance with Government Decision 19/2014/NQ-CP on shortening the time needed for clearance of imports and exports as applied in the ASEAN-6, which includes Indonesia, Malaysia, the Philippines, Brunei Darussalam, Singapore and Thailand.
Vietnam’s banks listed in top 500 brands
08:45 | 06/03/2015 Finance - Banking
The Vietnam Bank for Industry and Trade (VietinBank) and Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) figure among the world's top 500 banking brands.
