Posts Tagged ‘ Provisions ’

East Sea issue in the spotlight 

May 31, 2011
East Sea issue in the spotlight 

This photo shows a part of the Truong Sa (Spratly) District in Truong Sa archipelago. On March 23, 2011, Xinhua, the official news agency of China, published an article titled "The Nanhai sea dispute from the perspective of the international law of the sea" by scholars He Jian and Wang Ao from the Xiang Tan [...]

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Vietnam boosts powers of the press 

January 15, 2011
Vietnam boosts powers of the press 

Security guards attempting to obstruct a photographer at a fire scene in District 1 last September. A new government decree seeks, for the first time, to slap fines on those who impede journalists on duty. A Vietnamese government decree that will take effect next month spells out new penalties for those who obstruct or fail [...]

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MOIT: management decree won’t cut trader numbers

January 22, 2010
MOIT: management decree won’t cut trader numbers

LookAtVietnam – MOIT has assured gas traders that the new gas management decree does not aim to cut their numbers. The traders, who left the meeting between gas traders and MOIT’s representatives in HCM City on January 20, where the ministry explained the Decree 107, said too many questions had been left unanswered. Many traders said [...]

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Regulation seeks to improve commercial bank governance

December 23, 2009
Regulation seeks to improve commercial bank governance

Government Decree No 59/2009/ND-CP was issued on July 16 and took effect on September 15, replacing Decree No 49/2000/ND-CP on the organisation . . . Decree No 59 gathers together into a single decree provisions on legal representatives, internal rules, bank inspections, organisation of bank management, and commercial bank operations, as well as special provisions [...]

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Lloyds says bad loan provisions will fall after loss

August 6, 2009
Lloyds says bad loan provisions will fall after loss

Lloyds Banking Group Plc, the UK lender that acquired HBOS Plc in January, said provisions for bad loans will decline “significantly” after it posted a first-half loss of 3.1 billion pounds (US$5.2 billion). The bank set aside 13.4 billion pounds in the period to cover souring commercial and real estate loans. Those impairments have “peaked” [...]

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Banks expected to face difficulties in second half after happy first half

July 24, 2009
Banks expected to face difficulties in second half after happy first half

VietNamNet Bridge – The satisfactory profit commercial banks got in the first half of the year (H1) has made people think that banks will have an easy six months ahead. However, difficulties are predicted for banks in the second half of the year. Banks have every reason to worry that the road will be tougher [...]

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Educators calling for restructuring of education law amendment

July 16, 2009
Educators calling for restructuring of education law amendment

Experts have pointed out a lot of problems in the draft law on amending some provisions of the Education Law, including ones on university education quality and the autonomy of universities. “I believe that we should not think of promulgating the law on amending some provisions of the Education Law until the 2010-2020 educational development [...]

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5-star leased apartments and sweet traps

May 4, 2009
5-star leased apartments and sweet traps

Vietnamese people are ready to spend several hundred thousand dollars to own foreign-invested luxury apartments. However, they do not know what will happen in the future, when investors’ land lease contracts expire. As the living standard of Vietnamese people has improved, more and more people can afford and want to have luxury apartments worth several [...]

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More profitable listed companies in the red

April 17, 2009
More profitable listed companies in the red

VietNamNet Bridge – Several tens of listed companies on both bourses have made public their audited finance reports. As expected, audited finance reports continue to show losses. MPC was the first company in 2009 which turned out to be a company that suffered a loss in 2008 after its finance report was audited. Since then, the [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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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...