April 25, 2011
New central bank directives to reduce dollar hoarding, economist says A local commercial bank staff receives bricks of dong bank notes from a customer in Hanoi. A government advisor says people will soon start saving their money in dong. A new cap on dollar deposit rates – 3 percent for individuals and 1 percent [...]
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December 12, 2010
Ha Long Bay of Vietnam has been listed among the world’s ten most outstanding tourist destinations by Lonely Planet Magazine. Two of Vietnam’s coastal destinations have been listed among the world’s ten most outstanding tourist destinations by Lonely Planet Magazine, according to the Vietnam National Administration of Tourism (VNAT). Ha Long Bay, in the northern [...]
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January 25, 2010
Nguyen Xinh Xo, 32, won the Vietnamese Song Award 2009 at a ceremony in Hanoi on January 24 for his song “Dong Ho Treo Tuong” or “Clock”. Singer Tung Duong received the award for Nguyen Xinh Xo. Studying business administration in the US, Nguyen Xinh Xo has been known as a talented songwriter since his cooperation [...]
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January 18, 2010
The interbank interest rate last week saw interest rates on all kinds of loans decrease by 0.07-2.23 percent, following previous week’s interest rate decrease trend. For the second consecutive week, the interbank interest rate decreased considerably. Interest rates of overnight and one week loans, which are the most popular, dropped sharply by 2.23 percent and [...]
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December 30, 2009
Ten days after the 25th Southeast Asian Games, the board that annually selects outstanding coaches and athletes has chosen its nominees. Runner Vu Thi Huong This year Vietnam was very successful in two big events, the Asian Indoor Games and the SEA Games, so the board decided to vote 15 outstanding athletes instead of [...]
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December 30, 2009
Vovinam federation founded in An Giang to boost training; National team star striker returns home from Portugal’s Leixoes; Selection for most outstanding athletes and coaches starts today The An Giang Vovinam Federation was established on Sunday, to strengthen vovinam training province-wide.An Giang’s vovinam began developing in 1969. At present, vovinam attracts 700 martial arts instructors, [...]
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December 22, 2009
The HCM City Youth Union has chosen five outstanding people and to confer upon them the title “HCM City’s Outstanding Young Citizen 2009” from 82 nominees. The HCM City Youth Union has presented the title ““HCM City’s Outstanding Young Citizen 2009” for four years. The five winners are the people who have contributed remarkably to the [...]
Tags: 2009 Rdquo, Cai Luong, Dang Tat, Dang Tat Dung, Duc Hung, Duong Hieu, Duong Hieu Trung, Hcm city, Hieu Trung, Hong Loc, Nguyen, Nguyen Duc, Nguyen Duc Hung, Nguyen Hong, Nguyen Hong Loc, Of The Hcm, Of The Hcm City, Outstanding, people, Que Tran, Tat Dung, The Five, The hcm, The Hcm City, The Nguyen, Trung, Youth
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December 17, 2009
LookAtVietnam – Foreign credit institutions in Vietnam reportedly expect high profits for 2009 and have seen high asset growth rates. According to the State Bank of Vietnam in 2009 foreign credit institutions have all had satisfactory business results, especially in terms of profit, total asset increase, capital mobilization and credit growth. A representative of the State [...]
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November 24, 2009
LookAtVietnam – National Assembly deputy Tran Du Lich, says high inflation and a depreciating dong are both big threats to Vietnam’s economy. The State Bank of Vietnam reports that outstanding credit on 30 October was 33.29 percent more than at the end of 2008, while the growth in outstanding loans has been eight times faster [...]
Tags: assembly, cannot, countries, credit, Credit Growth, Credit Growth Rate, economic, Economic growth, exchange, Exchange rate, Foreign, growth, Growth rate, High Inflation, High Ratio, inflation, Ldquo, National, National assembly, Other Regional, Other Regional Countries, Outstanding, Outstanding Loans, percent, ratio, Rdquo, Rdquo Lich, Regional Countries, State bank, The economic, The exchange, The Exchange Rate, The government, The national, The National Assembly, Tue Said That, Vietnam
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October 8, 2009
LookAtVietnam – Though commercial banks have tightened consumer credit it still remains a key product. Banks prefer providing consumer loans because they can lend at negotiable interest rates. With other types of loans there’s less profit attached because they cannot lend at more than 10.5 percent per month.The demand for loans from individual clients has [...]
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