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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January 9, 2012
 Street vendors ply their goods in downtown Ho Chi Minh City. The Asian Development Bank has lowered Vietnam’s economic growth forecast in 2012 to 6.3 percent from 6.5 percent forecast last September. With the world economy remaining mired in difficulty, the Asian Development Bank forecasts a difficult year ahead for Vietnam. However, it [...]
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December 17, 2011
The new BlackBerry Torch 9800 smartphone is seen after it was introduced at a news conference in New York August 3, 2010. To understand what ails BlackBerry maker Research In Motion Ltd in the U.S. market, just ask eBay Inc Chief Executive John Donahoe. The world’s biggest online auction site had about a hundred engineers [...]
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Posted in International | Comments Off
November 14, 2011
President Barack Obama arrives during the first plenary meeting at the APEC Summit in Honolulu, Hawaii November 13, 2011. The head of Boeing chose his words carefully as he explained to President Barack Obama the “dilemma” that Corporate America faces in trying to do business in China. “We see a world where our interests lay [...]
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May 15, 2011
A file photo taken at a tax office in Vietnam Enterprises need to refrain from tax avoidance practices and it is time for them to stop prioritizing profits over social responsibilities, the Ho Chi Minh City tax authority has said. Nguyen Trong Hanh, deputy director of the city’s tax department, told a gathering of mostly [...]
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April 16, 2011
Vietnam needs a strong, independent watchdog and greater consumer awareness A girl walks past shelves of groceries at a minimart in Hanoi March 18, 2011. Corporate social responsibility, or CSR, has been in fashion for some time now. It has emerged as a response to growing consumer awareness in developed countries of sweatshops, unfair [...]
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Posted in Life in Vietnam | Comments Off
December 3, 2009
Bui Dang Dung, a member of the NA Committee for Finance and Budget, spoke to Investment newspaper about why the NA had declined to vote on draft VAT . . . The main reason was because the Finance Ministry wants to reduce value added tax and corporate income tax for firms that invest in building [...]
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November 25, 2009
LookAtVietnam – 2009 has been a really good year for bond offers by Vietnamese companies. Both Vietnamese and foreign investors have snapped them up. Vietnamese corporate bonds will be listed on Singaporean stock marketVincom Group earlier last week sold a $100 million issue of corporate bonds and listed the bonds on the Singapore Stock Exchange, [...]
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November 22, 2009
LookAtVietnam – Many foreigners investing in Vietnamese securities are being deprived of shareholder rights. Too many foreign investors have been left out in the cold during shareholder meetings LookAtVietnam – Many foreigners investing in Vietnamese securities are being deprived of shareholder rights. Language and legal barriers and being left on the sidelines at annual shareholder [...]
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October 29, 2009
LookAtVietnam – Businesses are increasingly issuing bonds to mobilise capital instead of seeking bank loans. According to the State Bank of Vietnam (SBV), the total outstanding loans of the banking system by the end of the third quarter of the year had increased by 28 percent over the end of 2008. Meanwhile, the credit growth [...]
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