Posts Tagged ‘ Funds ’

Hypocrisy proves bipartisan in payroll tax debate 

December 17, 2011
Hypocrisy proves bipartisan in payroll tax debate 

  If you were asked to describe, in 10 words or less, the single issue driving the two major political parties in the US today, I imagine you’d say something like this: Republicans never met a tax cut they didn’t like; Democrats won’t touch entitlement programs, even to make them solvent. Consider, then, the counterintuitive [...]

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Posted in Life in Vietnam | Comments Off

Run raises funds for children with cancer, heart diseases 

December 4, 2011

  The Canadian government will co-host a charity run in Hanoi on Sunday to raise funds for treating children with cancer and heart diseases. Vietnamese and international communities including the media, government leaders, school students, hospitals, public and private organizations, are invited to the run at 7:00 a.m. Sunday at Thien Quang Lake, Hanoi, the [...]

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Charity run to raise funds for ailing children 

November 21, 2011
Charity run to raise funds for ailing children 

Poster of Hanoi Run for Children. The annual Run for Children will take place on December 4th at its usual location, the Thien Quang Lake in Hanoi, to raise funds for needy children’s treatment at the Hanoi Heart Hospital, the National Pediatric Hospital and Heart Beat Vietnam. Funds are raised from participants’ cash donations, the [...]

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Posted in Sci-Tech | Comments Off

MF Global bust erodes trust in brokerages 

November 12, 2011
MF Global bust erodes trust in brokerages 

    A man talks on the phone inside the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York, October 31, 2011. Almost two weeks after the bankruptcy of commodities firm MF Global, customers at rival firms are all asking the same question: How safe is [...]

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Deposits flow out of local banks on lower interest rates 

October 17, 2011
Deposits flow out of local banks on lower interest rates 

An employee at Joint-Stock Commercial Bank for Foreign Trade of Vietnam, or Vietcombank, counts dong bank notes in Hanoi. Bank depositors are shifting their funds to other investment channels after the central bank ordered commercial banks to comply with a 14 percent ceiling on dong deposit interest rates. Several banks have said their deposits are [...]

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Banks should not provide capital for stock market: central bank 

August 15, 2011
Banks should not provide capital for stock market: central bank 

A photo from news website VnExpress showing a stock investor reacting to a decline in stock prices It’s wrong for the stock market to depend on short-term funds from banks and measures will be taken to help it attract capital on its own, State Bank of Vietnam Governor Nguyen Van Binh said. The banking sector [...]

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Some banks unlikely to maximize credit growth target 

August 11, 2011
Some banks unlikely to maximize credit growth target 

There is room for as much as VND300 trillion for additional credit Slow credit growth in the first seven months of this year has left room for banks to start boosting lending, but bankers say it’s not that easy. While large banks no longer have enough money to lend out, smaller lenders with ample funds [...]

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Ease credit to save stock market, experts urge 

August 5, 2011
Ease credit to save stock market, experts urge 

Investors at the Hanoi Stock Exchange. Vietnam’s stock market is in crisis and investor confidence remains low, experts say. Following complaints that tightened credit has indiscriminately hurt the real estate sector, calls are being made for a policy stimulus for the stock market. State Securities Commission Vice Chairwoman Vu Thi Kim Lien said the stock [...]

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High dong interest rates expected to ease slightly 

July 5, 2011
High dong interest rates expected to ease slightly 

  Vietnamese banks’ high dong interest rates are expected to cool slightly due to improved liquidity as the central bank cut one of its key rates to tackle distorted rate-levels, bankers said on Monday. On Monday, the central bank lowered the cost of funds for banks via open market operations, cutting the reverse repo rate [...]

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Vietnam can benefit from Australian resilience: report 

June 13, 2011
Vietnam can benefit from Australian resilience: report 

Austrade Chief Economist Tim Harcourt (R) talks with Australian Consul General Graeme Swift during the launch of the Financial Services Benchmark Report in Ho Chi Minh City on June 10, 2011 The Australian economy in general and its financial services sector in particular have proved their resilience and strength, emerging virtually unscathed from the global [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

By

Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...