January 6, 2012
Pledged foreign direct investment into Vietnam fell 26 percent this year through December 15, the Foreign Investment Agency of the Ministry of Planning and Investment said in a e-mailed statement on December 30. Committed investment was $14.7 billion over the period, according to the statement. Disbursed foreign direct investment for the whole of 2011 [...]
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November 17, 2011
A part of Dung Quat oil refinery in the central province of Quang Ngai. The refinery is the mainstay of the Dung Quat Economic Zone. Coastal economic zones have developed strength in numbers, but failed to pull their weight. They are characterized by sluggish development, low occupancy rates, modest investments and very small contribution [...]
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July 9, 2011
A customer deposits bricks of dong bank notes to a local commercial bank in Hanoi. Bankers said it’s necessary to have many branches to attract more deposits. The central bank is planning to double the minimum capital requirement for bank branches, but small lenders say the new rule would badly hurt their business. According to [...]
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April 28, 2011
Vietnam’s government said pledged foreign direct investment into the nation declined almost 48 percent in the first four months of 2011 from a year earlier. Committed investment dropped to $4.02 billion, the Foreign Investment Agency of the Ministry of Planning and Investment said in a statement on its website today. Disbursed foreign investment gained [...]
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January 31, 2010
Staff members count money at a bank in Ho Chi Minh City. A large number of new bank shares are expected to go on sale this year as commercial banks try to raise capital for meeting higher requirements from the central bank. Listing shares on the countryâs stock market will be the main method to [...]
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January 26, 2010
VN to export 750,000 tonnes of rubber in 2010; Embassy in Germany meets Vietnamese businesses; Hanoi to attract 180 million USD into IZs in 2010 The Vietnam Rubber Association predicted that this year’s total rubber exports will hit 750,000 tonnes, valued at over 1.5 billion USD. The association said that 2010 promises a growing year [...]
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January 20, 2010
LookAtVietnam – MPI forecasts FDI will increase slightly to 10 percent in 2010 over the previous year and is estimated to reach $22-25 billion. Bui Quoc Trung, FIA deputy director The information was released by Bui Quoc Trung, FIA deputy director on January 18 at the press conference announcing the 2009 Golden Dragon Awards.FIA believes [...]
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January 16, 2010
The State Bank of Vietnam has asked local lenders to make plans to raise their capital this year to meet the governmentâs minimum requirement, reports the Vietnam Economic Times. The government requires commercial banks to raise their registered capital to at least VND3 trillion (US$162.5 million) by December this year, which is triple the current [...]
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December 31, 2009
LookAtVietnam – The global economic recession has slowed foreign direct investment (FDI). FDI in Vietnam for 2009 is equal to 30 percent of that in 2008. According to Thoi Bao Kinh Te Vietnam, the 10 biggest FDI investment projects in terms of registered capital in 2009 include six real estate projects, two projects in accommodation [...]
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October 27, 2009
Eximbank lists 876.2 million shares on HoSE; 10-month FDI disbursement estimates at 8 billion USD; VN seeks larger garment market share in Cambodia The Vietnam Export-Import Bank (Eximbank) officially listed more than 876.2 million shares, a record number, on the Ho Chi Minh Stock Exchange (HoSE) on Oct. 27. With the move, Eximbank became the [...]
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