December 25, 2011
After years of sky-rocketing credit growth to finance development, Vietnam’s banking system is now weighed down by toxic loans that have forced the communist nation to launch tough reforms. The Southeast Asian country’s financial sector consists of about a hundred banks — either state-owned, private or foreign bank branches. But most have only limited [...]
Tags: 20 Percent, 30 Percent, Bad Debts, Bad Loans, banking, Banking Sector, Banking System, banks, Banks Rdquo, Banks Rdquo Said, Banks Together, Cao Si, Central, Central bank, Central Bank The, Chi minh, Chi minh city, Country, debts, financial, Foreign, Foreign Bank, Government, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Ldquo, loans, Minh city, Of State Owned, owned, percent, Rdquo, Rdquo Said The, reform, sector, Si Kiem, Small Banks, state, State-owned, system, The Authorities, The Banking, The Banking Sector, The central, The central bank, The Central Bank The, The Communist, The crisis, The government, The state, Three, Toxic Loans, Vietnam
Posted in Business | Comments Off
December 5, 2011
Five private airlines have been licensed in Vietnam since 2007, but each of them is struggling to take off, with one having already crash-landed. Air Mekong operates flights while VietJet Air is expected to commence services late this December after many delays. But the others are finding it hard to launch or, in the [...]
Tags: &ndash, 30 Percent, 70 Percent, After Many Delays, Air Mekong, Air Mekong Said, AirAsia, aircraft, airline, Airlines, Blue Sky, Budget Carrier, Business, Caav Official, Caav Official Said, carrier, Chi minh, Chi minh city, Cost Airline, December, domestic, Domestic Routes, employees, first, First Private, flights, For Private Airlines, Government, Ho Chi, Ho Chi Minh, Ho Chi Minh City, In Jetstar Pacific, Indochina, Indochina Airlines, Its business, Its First, Jetstar, Jetstar Pacific, Last year, Ldquo, Low Cost Airline, Low-cost, Many Delays, market, Mekong, million, Minh city, monopoly, Nien Weekly, official, Pacific, percent, Percent Stake, plans, Private, Private Airlines, Private Airlines Have, Private Carriers, Rdquo, service, services, stake, Thanh, Thanh nien, Thanh Nien Weekly, The Caav, The Caav Official, The carrier, The first, The First Private, The government, The market, To Take Off, Trai Thien, Travel, Vietjet, Vietjet Air, Vietnam, Vietnam airlines
Posted in Business | Comments Off
August 2, 2011
Shipbuilder Vinashin has been criticized for investing in many businesses unrelated to its core operations. The Ministry of Finance plans to halve the amount of capital that state-owned enterprises can use to invest in non-core activities. State companies will be allowed to earmark only 15 percent of their capital for businesses beyond their main functions, [...]
Tags: 30 Percent, Businesses, capital, ministry, Owned enterprises, percent, state, State owned enterprises, State-owned, The ministry
Posted in Business | Comments Off
July 10, 2011
Industry stakeholders grapple with falling production, higher costs and low prices Farmers harvest tra fish in the Mekong Delta. A shortage of the fish is expected to recur next month. As many as 147 firms have stopped seafood processing and export to pursue other kinds of business since the beginning of this year, pushed [...]
Tags: 20 Percent, 213 000, 30 Percent, company, costs, Costs Have Increased, Delta:, Early This Year, export, firms, fishing, Have Increased, High Input, High Input Costs, His Firm, In The First, In The Mekong, In The Mekong Delta, increase, industry, Input, Input Costs, Input Costs And, Last year, Many Firms, Many Firms Are, material, Mekong, Mekong delta, month, Next month, Nhuong, Of This Year, Of Tra Fish, Offshore, Offshore Fishing, percent, Percent Over, Percent Over The, Period last, Period last year, prices, processing, production, Raw material, Recur Next Month, Said His Firm, Same period, Same period last, Same period last year, seafood, Seafood Processing, shortage, shrimp, supply, The first, The Increase, The mekong, The mekong delta, The Raw, The Raw Material, The same period, The same period last, The Shortage, The Supply, This year, Tra fish, Vasep, With The Increase
Posted in Business | Comments Off
May 20, 2011
Vietnam’s small-cap bourse, the Hanoi Stock Exchange, slid to an all-time low on Friday as liquidity and confidence dwindle, marking another milestone in the country’s fall from favor for foreign and domestic investors alike. The six-year-old Hanoi market ended the week off about 5 percent at 76.98 points after dipping as low as 76.81 [...]
Tags: 30 Percent, 50 Percent, Accounts For About, Adverse Side Effects, All Time, All Time Low, Annual Inflation, Cap Bourse, Chi minh, credit, Domestic Investors, exchange, Foreign, growth, Hanoi, Ho Chi, Ho Chi Minh, inflation, investors, Ldquo, Macroeconomic, Macroeconomic Stability, market, Of More Than, Over The Past, percent, Percent Over, Percent Over The, Percent Over The Past, points, Rdquo, Side Effects, Small Cap, Small Cap Bourse, stock, stocks, The global, The hanoi, The Ho, The past, Time Low, Vietnam, Which Accounts, Which Accounts For, Which Accounts For About
Posted in Business | Comments Off
May 11, 2011
A parent brought his two test-tube baby girls to the 14th founding anniversary of the in vitro fertilization unit at Tu Du Hospital on April 24. A childless couple is something that’s not easily accepted in Vietnam’s conservative society. Infertility puts a lot of pressure on Vietnamese women and affects the quality of their marriages. [...]
Tags: 10-percent, 30 Percent, 30 Percent Are, According, babies, Babies Have Been, child, couples, Du Hospital, Fertilization, first, First Child, For Infertility Treatment, Foreigners, hospital, In Vitro Fertilization, infertile, Infertile 30, Infertile Couples, Infertility, Infertility Treatment, Main Causes, percent, sperm, technology, The bank, The hospital, The Main, The Main Causes, The world, Their First, Their First Child, Treated Using, treatment, Tu Du, Vietnam, Vitro, Vitro Fertilization, Wife Infertile, women, world
Posted in Health | Comments Off
January 15, 2011
Customers choose winter garments at a clothes store in Hanoi. The banner says 'Stock clearance.' While the lives of many people have been affected by recent cold snap, business has picked up for many taxi drivers and traders in winter garment and heaters. Le Thanh Hai, deputy director of the National Center for Hydro-Meteorological Forecasting, [...]
Tags: 30 Percent, Clothes, Coats, Cold Snap, customers, Every Day, Few Days, garment, Ldquo, Many people, Nguyen, Nguyen thi, Past Few Days, Rdquo, Rdquo She Said, selling, Shop Assistant, Street, Street Said She, The Cold, The Cold Snap, The past, The Past Few, The Past Few Days, The Shop, Vietnam
Posted in Business | Comments Off
February 4, 2010
Vietnamese footwear companies said they plan to increase their local market share to 50 percent this year, up from 30 percent currently. According to the Hanoi-based Leather and Shoe Research Institute, 130 million pairs of shoes are sold in the country every year, but foreign products are account for 70 percent of the total figure. [...]
Tags: 30 Percent, 70 Percent, And Shoe Research, And Shoe Research Institute, companies, exports, footwear, Footwear Companies, Leather, Leather And Shoe, Leather And Shoe Research, Local, market, Market Share, Of The Total, percent, Research institute, Shoe Research, Shoe Research Institute, The industry, The total, This year, To Increase Their, Vietnam, Vietnamese, Vietnamese footwear
Posted in Business, News | Comments Off
February 3, 2010
VietNamNet Bridge – 287 merger and acquisition (M&A) affairs were wrapped up in 2009 with a value of $1.09 billion. Avalue Vietnam believes that 2010 will witness a sharp increase in the number of M&A cases with a stable increase in the value of the deals. Here are the 10 most outstanding M&A affairs of 2009 [...]
Tags: 30 Percent, Avalue Vietnam, Bao Viet, billion, Billion Dong, Brewery, company, dollar, Eland, established, finance, group, Ha Tien, Hcm city, In Bao Viet, joint, Joint venture, market, million, Million Dollar, Motul, Of Bao Viet, Of Viet Steel, One Share, ownership, Ownership Ratio, percent, Percent Stake, plans, Pomina, products, Purchased, Raise The Ownership, Raise The Ownership Ratio, ratio, Sabmiller, share, Shareholders, shares, stake, stakes, steel, stock, Thanh, Thanh Cong, The company, The Higher, The Main, The Ownership, The Ownership Ratio, The Transaction, The value, Thuan, Thuan Phat, To Become The, To Raise The, To Raise The Ownership, value, venture, Viet Steel, Vietnam, Viettel, Vilube, Vinaconex, Vinaconex Viettel
Posted in Business, News | Comments Off
February 2, 2010
Vietnam’s foreign debt ratio is not yet a concern, despite a newspaper report that it has risen to more than 30 percent of GDP, Standard & Poor’s credit analyst Kim Eng Tan said on Tuesday. “In Vietnam’s case the foreign debt ratio is not yet a concern,” he said by telephone from Singapore.“One concern, of [...]
Tags: 30 Percent, concern, Debt Ratio, Foreign, Foreign Debt, Foreign Debt Ratio, Is Not Yet, ratio, Than 30, To More Than, Vietnam
Posted in Business, News | Comments Off
