May 25, 2011
VietinBank, Vietnam’s largest listed bank, will lend $200 million for the expansion of the Dai Hung oil field, part of a broader effort to increase national output by 2015, state-owned field operator PetroVietnam said on Wednesday. The seven-year loan facility was signed in Hanoi to finance the second phase of the expansion, PetroVietnam Exploration [...]
Tags: Crude-oil, Dai Hung, Dai Hung Oil, Dai Hung Oil Field, expansion, field, Hung Oil, Hung Oil Field, million, National Output, Of Dai Hung, Oil Field, output, PetroVietnam, The Expansion, Vietinbank
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April 27, 2011
Vietnam at times has struggled to keep up with its own expansion Despite Vietnam’s persistent economic woes, a record deal this month has shown foreign investors are still lured to the frontier market by its young, growing population and rising disposable incomes. The sealing of the country’s largest-ever private equity deal, at a time of [...]
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December 27, 2010
Vietnam’s inflation rate accelerated to the highest level in 22 months after currency devaluations stoked import costs and credit expansion spurred domestic demand. Prices increased 11.75 percent in December from a year earlier, compared with 11.09 percent in November, according to figures released Friday by the General Statistics Office in Hanoi. The reading is [...]
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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 [...]
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January 27, 2010
US Website: VN economy likely to show significant expansion; Market volumes hit 7-month low; Vietsovpetro to install two oil rigs in Bach Ho Hanoi, VietnamThe Vietnamese economy is expected to show a significant expansion though it was mildly affected by the diminished export demand, said a New York-based website. An article posted on Seeking Alpha [...]
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January 2, 2010
When the State Bank announced a 30 per cent credit growth target for 2009, some banking experts thought back to 2007. In 2007, the authority also set a 30 per cent credit growth target, which in reality turned out to be 52 per cent. The same scenario happened in 2009 as credit expansion finally reached [...]
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December 9, 2009
LookAtVietnam – The public has questioned the legality of reclaiming cropping land for the expansion of Long Thanh Golf Club in southern Dong Nai Province. People play golf at Long Thanh golf-court in Dong Nai Province. The 16ha extension of the greens may have been done without Government approval.The 16ha expansion by Long Thanh Golf [...]
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October 26, 2009
LookAtVietnam – Over one year after the capital city expanded, beginning in August 2008, Hanoi has an additional 700 government employees, very far from its permitted level. VietNamNet Bridge – Over one year after the capital city expanded, beginning in August 2008, Hanoi has an additional 700 government employees, very far from its permitted level.The [...]
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August 16, 2009
The expanded road will facilitate the flow of goods into Cai Mep-Thi Vai port.LookAtVietnam – The expansion of a major arterial road is expected to ease the flow of goods in the southern region. The expansion of National Road 51, which broke ground last week, will provide access to the Cai Mep-Thi Vai port complex [...]
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July 1, 2009
Walt Disney Co. will pay HK$3.5 billion (US$452 million) to add rides like âToy Story Landâ and âGrizzly Trailâ at its Hong Kong theme park and raise its stake in the project, said its partner, the cityâs government. Three new themed areas will be built over five years, said Hong Kong Chief Executive Donald Tsang, [...]
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