January 18, 2012
Many lenders in Vietnam are trying to attract individual clients Many banks in Vietnam are targeting retail savings as large but short-term deposits from corporate clients prove to be a volatile funding source. Bankers said while term deposits from individual customers are usually small, they make up a stable source of capital for banks. On [...]
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October 30, 2011
Lawyer Pham Thanh Binh, deputy head of Hong Ha Law Firm in Hanoi. A series of loan insolvencies totaling hundreds of billion Vietnamese dong have been detected in Hanoi. This is partly due to the impacts of the economic slowdown, which has savers shying away from legal investment channels because of low profits. They instead [...]
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August 2, 2011
Lien Viet Bank is now known as LienViet Post Bank The central bank has allowed Lien Viet Bank to change its name to Lien Viet Post Joint-Stock Commercial Bank after joining forces with a subsidiary of state-owned Vietnam Post Corporation. LienViet Post Bank, as the bank is known now, will be responsible for registering and publicizing its [...]
Tags: Banking Services, company, Lien viet, Lien viet bank, Lienviet Post, Lienviet Post Bank, Post Bank, savings, Savings Company, The bank, Viet bank, Vietnam, Vietnam Post
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May 7, 2011
Asian Development Bank (ADB) President Haruhiko Kuroda speaks at the opening ceremony of the 44th annual meeting of ADB in Hanoi May 5, 2011. Asian Development Bank President Haruhiko Kuroda said developing Asia is behind Latin America in boosting consumption and urged policy makers to take steps to reduce precautionary household savings. “The region needs [...]
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May 2, 2011
Gold is a popular means of savings in Vietnam. Experts say the government needs to attract and use billions of dollars worth of gold owned by the public. As the government plans to tighten the gold screws further by banning lending as well as acceptance of deposits, experts say private holdings of the precious metal [...]
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March 9, 2011
A man rides a bicycle past a construction site in Ho Chi Minh City. Real estate trading in the city is very slow, and prices have fallen sharply. Given that the real estate market is facing capital shortages, Vietnam should allow investors to access loans from foreign commercial banks at far lower interest rates. Dang [...]
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November 25, 2009
LookAtVietnam – In a key effort to ensure energy security and prevent Viet Nam from becoming dependant on energy imports, while also maintaining sustainable development . . . However, some deputies said the title of the law should be changed while some suggested content modifications. Deputy Nguyen Trung Nhan from southern Can Tho City, among others, [...]
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August 17, 2009
Nguyen Thi Lanh, a rice farmer in the central province of Quang Nam, put five years of her savings into a hui scheme, hoping to buy a house somewhere other than in the middle of a field. But early this month she was told that the hui operator Dinh Thi Xe had fled claiming that [...]
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August 9, 2009
This article examines duty savings opportunities for companies in Vietnam when leveraging Free Trade Agreements (FTAs). A growing number of goods in the blossoming trip flows between Japan and Vietnam will be exempted from import duties.LookAtVietnam – This article examines duty savings opportunities for companies in Vietnam when leveraging Free Trade Agreements (FTAs). This article [...]
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July 4, 2009
LookAtVietnam – Retired, single and childless, a former soldier opens his heart and wallet to men and women often seen as outcasts. An armload of kids: toddlers follow grandpa Man whenever he comes home.LookAtVietnam – Retired, single and childless, a former soldier opens his heart and wallet to men and women often seen as outcasts.A [...]
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