February 2, 2010
LookAtVietnam – Commercial banks have urged SBV to remove the instruction on halting licensing for new bank branches. Two years ago was the time when commercial banks rushed to set up new branches to expand their network. At that time, the network expansion was applauded by the central bank which said that this was a [...]
Tags: Bank Branches, Bank Does Not, banks, billion, Billion Dong, branches, Branches Nationwide, By The End, Central, Central bank, Central Bank Does, Central Bank Does Not, Chartered Capital, Commercial, Commercial banks, decision, expansion, Foreign Banks, Hcm city, Hcm City And, Hd Bank, More Branches, nationwide, network, Network Expansion, New Bank, New Bank Branches, Of New Bank, Of New Bank Branches, Of The State, Of The State Bank, Open More Branches, state, State bank, The bank, The central, The central bank, The Central Bank Does, The Decision, The Network, The Network Expansion, The Plan, The state, The state bank, To Open More, To Open More Branches, Up More Branches
Posted in Business, News | Comments Off
January 25, 2010
LookAtVietnam – Commercial banks, which have been warned about difficulties in 2010, do not want to set overly high profit targets for 2010. The Government has sent a clear message that the credit growth rate in 2010 must not exceed 25 percent – a rate that is much lower than the 38-39 percent in 2009. [...]
Tags: banks, billion, Billion Dong, Billion Dong Worth, Chartered Capital, Dong Worth, floors, Gold Trading, Gold Trading Floors, Growth rate, His Bank, In 2009 When, percent, profit, Profit Targets, Profit Targets For, targeted:, targets, The bank, The government, The Profit, The Targeted, trading, Trading Floors, trillion, Trillion Dong
Posted in Business, News | Comments Off
January 23, 2010
SBV has sounded the final call for passengers to join the banking flight, placing additional pressure on lenders with chartered capital under the standard level. Local banks may face challenges when raising their chartered capital this year Local credit institutions have to submit their increased chartered capital plans to the State Bank before March 31. [...]
Tags: 20 Banks, According, An Official From, banks, Bonds, Bonds And Shares, capital, chartered, Chartered Capital, Commercial joint, Commercial joint stock, Commercial Joint Stock Banks, Convertible, Convertible Bonds, current, financial, Foreign, Increase Their Chartered, Increase Their Chartered Capital, Joint stock, Joint Stock Banks, Ldquo, Local, Local Banks, million, Nghia, plans, Rdquo, Rdquo Said Nghia, Said Nghia, Scale Banks, Shareholders, small, Small Scale Banks, small-scale, State bank, stock, Stock Banks, Strategic Shareholders, The state, The state bank, Their Chartered, Their Chartered Capital, trillion, Trillion 162, Vnd3 Trillion, Vnd3 Trillion 162, With Chartered Capital
Posted in Business, News | Comments Off
January 15, 2010
VietNamNet Bridge – Despite the economic downturn 2009 turned out to be a satisfactory year for securities companies. Kim Long Securities Company (KLS), which now has shares listed on the Hanoi Stock Exchange, was the first company announcing business results for 2009. KLS’ turnover was 434.8 billion dong meaning a post tax profit of 352 [...]
Tags: 300 Billion, 300 Billion Dong, Biggest Brokerage, billion, Billion Dong, Billion Dong And, brokerage, Brokerage Share, Business, Business Results, Chartered Capital, companies, company, Direct, Hanoi Stock, Hanoi Stock Exchange, Itself Among, Itself Among The, List Shares, Long Securities, Long Securities Company, market, On The Hanoi, On The Hanoi Stock, Post Tax, Post Tax Profits, profits, reported, securities, Securities companies, Securities Companies With, Securities Company, share, shares, stock, Stock Exchange, Tax Profits, The Biggest, The Biggest Brokerage, The company, The first, The hanoi, The Hanoi Stock, The Hanoi Stock Exchange, To List Shares, Viet Securities, Viet Securities Company, Vn Direct, With The Biggest, With The Biggest Brokerage
Posted in Business, News | Comments Off
December 31, 2009
LookAtVietnam – The global economic recession has slowed foreign direct investment (FDI). FDI in Vietnam for 2009 is equal to 30 percent of that in 2008. According to Thoi Bao Kinh Te Vietnam, the 10 biggest FDI investment projects in terms of registered capital in 2009 include six real estate projects, two projects in accommodation [...]
Tags: &ndash, 10 Biggest, 10 Biggest Fdi, Ba Ria, Ba Ria Ndash, Ba Ria Ndash Vung, Berjaya, biggest, Biggest Fdi, billion, Binh duong, capital, chartered, Chartered Capital, China Steel, City Project, City Project Invested, complex, Complex Project, cover, development, Development Ltd, Estate Projects, Fdi Projects, Hcm city, hectares, housing, Including, invested, investment, Its Chartered, Its Chartered Capital, joint, Joint Name, million, Ndash Vung, Ndash Vung Tau, New Urban, New Urban Area, Of The Project, Of The Registered, Of The Registered Capital, percent, Phu Hoi, project, Project Invested, Project Will Cover, projects, Quang nam, Real Estate Projects, real-estate, registered, Registered Capital, Ria Ndash, Ria Ndash Vung, Ria Ndash Vung Tau, steel, The 10, The Chartered, The Chartered Capital, The project, The Project Will, The Project Will Cover, The Projects, The Registered, The Registered Capital, The Top, Top 10, Tuy Hoa, Urban, Urban area, Vietnam, Vung tau
Posted in Business, News | Comments Off
December 29, 2009
The VN Index continuously broke records. This and more have been cited as the outstanding features of the stock market in 2009. Hanoi Stock Exchange celebrates its 1000th trading sessionVN Index breaks a lot of records Due to the 2008 financial storm and the tightened monetary policy, the stock market fell sharply in the first months [...]
Tags: 24 The Hanoi, 24 The Hanoi Stock, billion, Billion Dong, capital, Capitalization Value, chartered, Chartered Capital, companies, company, dividends, exchange, Hanoi, Hanoi Stock, Hanoi Stock Exchange, Hcm city, income:, Into Operation, investors, June 24, listed, Listed Companies, listing, market, Market Capitalization, Market Capitalization Value, officially, Operation, percent, Personal Income, rumors, securities, Securities Investors, shares, stock, Stock Exchange, Stock Market, The company, The hanoi, The Hanoi Stock, The Hanoi Stock Exchange, The market, The stock, The Stock Market, The total, trading, Trading Volume, Trillion Dong, UPCoM, value
Posted in In depth, Reports | Comments Off
December 23, 2009
LookAtVietnam – It is expected that some 10 banks will list on the bourse in the time to come. Western Joint Stock Bank on November 18 said that it had got the approval from the Governor of the State Bank of Vietnam to list shares at the HCM City Stock Exchange (HOSE). The bank said [...]
Tags: Approval From The, Attract Investors, banks, bourse, By The End, capital, chartered, Chartered Capital, increase, List Shares, Of Orient Bank, Of The State, Of The State Bank, official, Official Bourses, On The Bourse, On The Official, Orient Bank, shares, Small Banks, state, State bank, stock, Stock Exchange, The approval, The Approval From, The Approval From The, The bank, The Bourse, The Chartered, The Chartered Capital, The governor, The Official, The Plan, The state, The state bank, Three, Three Trillion, Three Trillion Dong, To List Shares, To Three Trillion, To Three Trillion Dong, To Two Trillion, To Two Trillion Dong, trillion, Trillion Dong, Two Trillion, Two Trillion Dong, Vietnam
Posted in Business, News | Comments Off
December 17, 2009
LookAtVietnam – Prime Minister Nguyen Tan Dung has approved the scheme to turn the Army Telecom Company (Viettel) into an economic group with the parent company and its subsidiaries. The group will include wholly-state owned companies and the companies that are owned by both the state and private. Telecommunications and information technology will be the [...]
Tags: Chartered Capital, group, owned, Parent, Parent Company, state, State-owned, The Chartered, The Chartered Capital, The group, The Parent, The Parent Company, The Scheme, Viettel
Posted in Uncategorized | Comments Off
December 1, 2009
LookAtVietnam – Vietnam is set to release a decision to lift the ceiling on foreign ownership ratio in local businesses to 49 percent. The good news for foreign investors was released by deputy chairman of the State Securities Commission (SSC) Nguyen Doan Hung on November 30 at the workshop on the capital and finance market [...]
Tags: 100 Percent, 49 Percent, Annum, At The Workshop, capital, chartered, Chartered Capital, director, economy, finance, Foreign, Foreign investors, Foreign Ownership, Foreign Ownership Ratio, Funds, Gdp Growth, Gdp Growth Rate, Government, growth, Growth rate, Hung Said The, Hung Said The Government, investors, Local, Local Securities, Local Securities Trading, Local Securities Trading Organizations, market, Member Funds, National, National Economy, Of Local Securities, Of Local Securities Trading, Of Total Chartered, Of Total Chartered Capital, On Foreign Ownership, On Foreign Ownership Ratio, ownership, Ownership Ratio, Per annum, percent, Percent Per, Percent Per Annum, ratio, Said The Government, Said Vietnam, securities, Securities Trading, Securities Trading Organizations, stock, Stock Market, The Gdp, The Gdp Growth, The Gdp Growth Rate, The government, The market, The ministry, The national, The total, The Workshop, total, Total Chartered, Total Chartered Capital, Trading Organizations, Vietnam, workshop
Posted in Business, News | Comments Off
October 29, 2009
LookAtVietnam – Commercial banks are getting set to provide loans to fund electricity grid development together. According to the National Power Transmission Corporation (NPT), in 2008, the corporation had to spend 8,500 billion dong ($500 million) to invest in power network development. The required investment will increase year after year. In 2010, NPT will need 11,700 [...]
Tags: 15 Percent, 400 Million, 800 billion, 800 Billion Dong, An Binh Bank, banks, Bao Viet, billion, Billion Dong, Binh bank, capital, chartered, Chartered Capital, Commercial, Commercial banks, Develop The Power, Develop The Power Network, development, domestic, Domestic Commercial, Has Committed, loans, Loans Worth, long-term, million, network, Network Development, Of Their Chartered, Of Their Chartered Capital, power, Power Network, Power Network Development, Power Transmission, Special Mechanism, Than 15, The loans, The Power, The Power Network, The remaining, Their Chartered, Their Chartered Capital, Tien phong, To Develop The, To Develop The Power, Vietnam, worth
Posted in Business, News | Comments Off
