October 31, 2009
LookAtVietnam – The rollover of 2009 loan subsidy programme funds could be limited due to safety restrictions. Government bonds are being pointed to as a safe way for banks to lock up their excess fundsNguyen Thi Kim Thanh, head of the State Bank’s Banking Development Institute, said around VND10 trillion ($560 million) in short-term loans [...]
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March 12, 2009
LookAtVietnam – Most commercial banks are now busy with plans to draw more capital to meet surging demands, with several lenders either hiking interest rates to attract depositors or issuing certificates of deposit or convertible bonds. Bank for Foreign Trade of Vietnam, or Vietcombank, on Tuesday began issuing certificates of deposit in Vietnam dong with [...]
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March 1, 2009
Steel sales likely to rise 5-10 percent; Banks rushing to raise interest rate; Automobile imports drop sharply; VN-Index ends week on an uptick; Resettlement area built in Ha Tinh; Two-fold increase in rice exports Steel sales likely to rise 5-10 percent Vietnam consumed 300,000 tonnes of steel in February, an equivalent to the volume in December [...]
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