March 8, 2011
A branch of Vietnam International Bank Five partially-private lenders committed numerous violations in implementing the government’s interest rate subsidy plan during the economic downturn. State inspectors charged that Vietnam International Bank, Military Bank, Techcombank, Sacombank and Asia Commercial Bank caused a total loss of around VND160 billion to the state budget, VnExpress reported Sunday. Under the interest rate [...]
Tags: banks, Economic downturn, interest, Interest rate, Interest rate subsidy, Interest Rate Subsidy Plan, International Bank, Rate subsidy, Rate Subsidy Plan, subsidy, Subsidy Plan, The interest, The interest rate, The interest rate subsidy
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January 25, 2010
Retail market targets 20% growth for 2010; Coffee prices sink on low demand; Metro Cash&Carry to open 12th center in Vietnam; Farmers to get market data; Ministry project to stabilise rice prices VN food firm forms joint venture for rice export in Cambodia The Southern Food Corporation (SFC) has established a joint stock company with two [...]
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December 23, 2009
LookAtVietnam – Economists and businesses have criticized the State Bank of Vietnam for its excessively cautious monetary policy. Businesses complain that they cannot borrow money from banksTran Anh Hiep, the owner of wood workshop in Hoc Mon district in HCM City: Our workshop specializes in making furniture and cupboards. We earn revenue of some 300 million [...]
Tags: Bank loans, Borrow Money, Businesses, Businesses Cannot, cannot, Cannot Borrow Money, capital, credit, Credit Growth, Credit Growth Rate, economic, Economic downturn, enterprises, growth, Growth rate, High Inflation, High interest, High Interest Rates, inflation, Inflation rate, interest, Interest rate, Interest rates, loans, Monetary Policies, money, policies, state, That The State, That The State Should, The Credit, The Credit Growth, The interest, The interest rate, The Monetary, The Monetary Policies, The state, The State Should, think, Think That The, Think That The State, tighten, Tighten The Monetary, Tighten The Monetary Policies, To Borrow Money, We Need
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December 4, 2009
Viet Nam, on the brink of becoming a middle-income country and facing new development challenges, is getting better assistance from donors and development partners . . . Vietnamese Government officials, led by Prime Minister Nguyen Tan Dung, talk with development partners at the Consultative Group meeting on how to stimulate rapid and sustainable economic growth [...]
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December 1, 2009
LookAtVietnam – HNX has seen newly listed shares from 10 businesses over the last month, while many more businesses have received approval for listing. Meanwhile, HCM City exchange, though being less busy, is also expecting to welcome many more new companies. A series of businesses will make their debut on the Hanoi exchange this week. December [...]
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November 22, 2009
Co-operation on transport, tourism, tax, customs, culture and education had been enhanced in the economic corridor between China’s Yunnan Province and Vietnam’s Hanoi, Lao Cai, Hai Phong and Quang Ninh. LookAtVietnam – Attendants at the fifth conference on co-operation in the economic corridor between China’s Yunnan Province and Ha Noi, Lao Cai, Hai Phong and [...]
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November 10, 2009
LookAtVietnam – The seafood sector expects a rise in exports by the end of the year as the global economy continues to recover. The EU has become the biggest importer of the fish from Viet Nam, making up 41.4% of the market share.Over the last 10 months, the sector earned US$3.48 billion in export revenue, [...]
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November 9, 2009
An increasing shortage of marketing personnel and the local hiring of qualified expatriates for managerial positions were new trends identified in a third quarter report by www.VietnamWorks.com, an online recruitment firm. LookAtVietnam – An increasing shortage of marketing personnel and the local hiring of qualified expatriates for managerial positions were new trends identified in a [...]
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October 31, 2009
LookAtVietnam – Vietnam has fortified its economy in 2009 through effective economic stimulus measures and is looking at some ambitious socio-economic targets for 2010. Many enterprises have prospered during the global economic downturn, while many regional competitors have struggledMany enterprises have prospered during the global economic downturn, while many regional competitors have struggled This year [...]
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October 16, 2009
LookAtVietnam – MOLISA will not extend the labour shortage programme after it expires on December 31, 2009. Hoa said in an interview with newspaper Thoi Bao Kinh te Vietnam on October 15 that there was no need to extend the support package, because temporary unemployment had slowed. Several months ago, the Government, in an effort to [...]
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