September 27, 2011
High interest rates have affected many companies in the production chain Market observers and industry insiders say that the normal ramping up of production for the holiday season is unlikely to happen this year. Cao Tien Vi, chairman of Saigon Paper Corp., Vietnam’s largest private paper producer, said many companies have no choice but to [...]
Tags: 15 Percent, 17 19, 19 Percent, companies, High interest, High Interest Rates, Holiday Season, In The Production, In The Production Chain, interest, Interest rates, loans, Many companies, percent, prices, production, Production Chain, rates, sales, season, Thanh, Thanh nien, The Production, The Production Chain, This year
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September 20, 2011
Employees at Joint-Stock Commercial Bank for Foreign Trade of Vietnam, or Vietcombank, attend to customers in Hanoi. Several commercial banks announced lending interest rate cuts, but companies complain they are being denied access to the lower rates. Major lenders like VietinBank and Vietcombank have lowered dong lending rates for loans to businesses and manufacturers to [...]
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July 2, 2011
In Oriental medicine, water chestnuts are used to cool the body, clear up sputum, and treat fever, dehydration, sore throat, bronchitis, and red eyes. True to its name, c ủ nÄn (water chestnut) grows in water. A water chestnut is nearly 70 percent water, 19 percent starch, 2.25 percent protein, 0.19 percent fat, and 1.58 [...]
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May 28, 2011
The State Bank of Vietnam is trying to keep credit growth at below 20 percent this year. Vietnam’s central bank does not have any plan to cap lending rates as it is not a feasible move, Governor Nguyen Van Giau told the press on Thursday. “There have been suggestions but there are no policies yet,” [...]
Tags: 19 Percent, 20 Percent, 20 Percent This, 20 Percent This Year, banks, Below 20, Businesses, Cap Lending, Cap Lending Rates, Central, Central bank, credit, Credit Growth, deposits, Dong Deposits, Giau Said Ldquo, growth, Interest rates, Keep Credit, Keep Credit Growth, Ldquo, lending, Lending Rates, percent, Percent This Year, Rate Cap, rates, Rdquo, Said ldquo, state, State bank, That The Central, That The Central Bank, The central, The central bank, The government, The state, The state bank, This year, To Cap Lending, To Cap Lending Rates, To Keep Credit, To Keep Credit Growth, Vietnam
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January 25, 2010
A panel advertising interest rates of 10.49 percent on dong deposits outside a SeABank office in Ho Chi Minh Cityâs District 1. The ongoing liquidity crunch is forcing commercial banks to break the law on interest rates in order to raise enough funds for lending, experts say. They are offering bonus percentage points on deposits [...]
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July 27, 2009
LookAtVietnam – About 1.8 million foreigners visited Vietnam in the first half of the year, down over 19 percent compared to the same period last year, according to the Vietnam National Administration of Tourism (VNAT).Nguyen Manh Cuong, deputy general director of the VNAT under the Ministry of Culture, Sports and Tourism said that the decline [...]
Tags: 19 Percent, The tourism, The Vnat, tourism, Vietnam
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May 6, 2009
Bumper crops for Mekong Delta; Number of bank loans increases; Imported vehicles get special tariffs; Fertiliser stockpile keeps supply stable; Footwear exports to Spain rise; Rest area opens on HCMC-Da Lat highway; Gemadept says Q1 profit down 19 percent Bumper crops for Mekong DeltaFarmers in the Mekong Delta provinces and Southeast region have harvested bumper [...]
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May 5, 2009
General Forwarding & Agency Joint Stock Co., Vietnamâs biggest listed freight-forwarding company, said pretax profit fell 19 percent in the first quarter because of a decline in the value of its stock investments. The profit fell to VND33 billion (US$1.85 million) in the January-March period, from VND40.6 billion a year earlier, CEO Do Van Minh [...]
Tags: 19 Percent, billion, company, In The First, percent, profit, stock, Stock Investments, The first, The Profit
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May 5, 2009
General Forwarding & Agency Joint Stock Co., Vietnamâs biggest listed freight-forwarding company, said pretax profit fell 19 percent in the first quarter because of a decline in the value of its stock investments. The profit fell to VND33 billion (US$1.85 million) in the January-March period, from VND40.6 billion a year earlier, CEO Do Van Minh [...]
Tags: 19 Percent, billion, company, In The First, percent, profit, stock, Stock Investments, The first, The Profit
Posted in Business, News | Comments Off
