January 18, 2012
Many lenders in Vietnam are trying to attract individual clients Many banks in Vietnam are targeting retail savings as large but short-term deposits from corporate clients prove to be a volatile funding source. Bankers said while term deposits from individual customers are usually small, they make up a stable source of capital for banks. On [...]
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Posted in Business | Comments Off
January 18, 2012
After decades spent on reclaiming wasteland, farmers reacted violently to authorities seeking to revoke land Police officials and soldiers checking for mine at on the farmland of Doan Van Vuon in Hai Phong City’s Tien Lang District. Vuon’s relatives reportedly set mines and shot at police officials and soldiers revoking their farmland under a [...]
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Posted in Reports | Comments Off
January 15, 2012
The Vietnam Football Federation has only itself to blame for the current controversy raging over TV telecast rights for Super League games. VFF early last year signed a 20-year contract with the telecommunications and media company called the An Vien Group for VND6 billion (US$285,000) per year. The contract has been rejected by the [...]
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Posted in News | Comments Off
December 27, 2011
Vietnam Football Federation's Chairman Nguyen Trong Hy (L) at a meeting in Hanoi on December 22. Vietnam Football Federation (VFF)’s chairman Nguyen Trong Hy has suggested employing local coaches for the country’s national football team and the national under-23 team. Hy made the statement on Saturday after VFF’s Standing Committee voted at a meeting on [...]
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Posted in Sports | Comments Off
December 19, 2011
Terrence Duffy, executive chairman of the Chicago Mercantile Exchange (CME) Group. The drama over the meltdown of the brokerage firm MF Global pivots around a clash between two veteran traders who rose from relatively humble roots to the very top of the futures-trading business. One is Jon Corzine, the firm’s former CEO who just testified [...]
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Posted in International | Comments Off
December 19, 2011
VPF chairman Vo Quoc Thang (L) talks to his deputy Nguyen Duc Kien at the first general meeting of the company in Hanoi on Wednesday. The first meeting of Vietnam Professional Football JS Company (VPF) was held in Hanoi on Wednesday to choose its managing staff. Vo Quoc Thang, owner of the top-tier club Dong [...]
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December 12, 2011
As you prepare to study the various resolutions for the coming annual general meeting of your company, being held in St. Louis 24th January, 2012, I ask you to take into consideration the history of your company and the policies you have supported at various annual general meetings. It is a record that very [...]
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Posted in Life in Vietnam | Comments Off
November 1, 2011
Ho Chi Minh City Football Federation (HFF) chairman Le Hung Dung submitted his resignation at the federation’s annual meeting held Wednesday. Three other people in the federation’s steering committee also asked to resign – General Secretary Duong Vu Lam, Vice Chairman Tran Le Nguyen and member Pham Huynh Tam Lang. Dung, who is also [...]
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October 29, 2011
Prime Minister Nguyen Tan Dung wants to monitor case progress in Australia Bundles of polymer dong banknotes in Hanoi. The central government has reported to lawmakers that police have found no evidence of bribery in a high-profile international currency-printing scandal. The Ministry of Public Security has yet to find evidence that an Australian currency-printing [...]
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Posted in Social | Comments Off
September 24, 2011
Workers clean the Keangnam residence tower in Hanoi September 20, 2011. Like many hoping for easy cash in Vietnam’s property market, Nguyen Thu Huong borrowed VND500 million ($24,000) from a bank in April to buy a new flat she didn’t need and planned to flip. The only question, she thought, was how big the [...]
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Posted in Reports | Comments Off
CME’s Duffy vs MF Global’s Corzine: A question of trust
Terrence Duffy, executive chairman of the Chicago Mercantile Exchange (CME) Group. The drama over the meltdown of the brokerage firm MF Global pivots around a clash between two veteran traders who rose from relatively humble roots to the very top of the futures-trading business. One is Jon Corzine, the firm’s former CEO who just testified [...]
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Posted in International | Comments Off