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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January 6, 2012
Kieu Thi My Dung (L) had facial tumors removed on Friday. An American surgeon and Vietnamese doctors performed surgery to remove abnormal facial tumors from a 22-year-old girl at Ho Chi Minh City’s Cho Ray Hospital on Friday, Nguoi Lao Dong newspaper reported. The operation on Kieu Thi My Dung started at 10 a.m. and ended [...]
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January 2, 2012
Kieu Thi My Dung with tumors on her face. (Photo: VnExpress) A 22-year-old woman who recently grabbed headlines for her facial tumors has been admitted to a Ho Chi Minh City hospital for treatment, Lao Dong (Labor) newspaper reported. Kieu Thi My Dung of the Central Highlands province of Lam Dong is at the Cho [...]
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December 30, 2011
Strong small banks should be allowed greater lending growth A local commercial bank’s employee counts money next to piles of dong notes in Hanoi on Monday The application of different credit caps on different banks based on their operational capacity is expected to correct a situation where banks with customers cannot offer loans while [...]
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December 20, 2011
Butchers and customers dance as morning exercise at Nghe An Province’s Ben Thuy Market.  Small traders at a market in north-central Vietnam have managed to lose weight after opening a dance club around and even on their stalls.  Market-goers at Ben Thuy Market in Nghe An Province’s Vinh Town have humorously call the [...]
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December 19, 2011
Vietnam needs to implement the restructure of both small and large banks in a drastic manner, an economist says. The central bank has approved the merger of three small banks – Ficombank, Saigon Commercial Bank, and Vietnam Tin Nghia Bank – that are mired in liquidity problems. The restructure of banks will continue for the [...]
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December 14, 2011
 12-year-old Singaporean-Australian teenager Charlotte Lau during the cycling adventure from Hoi An Town to Hue Town When did you first participate in a charity event to help people in need? This week, Thanh Nien Weekly talked with Charlotte Lau, a 12-year-old Singaporean-Australian, about her recent cycling adventure from Hue Town to Hoi An [...]
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December 5, 2011
CÆ¡m hến (mussel cooked rice) is among the most popular dishes in Hue Many tourists choose Hue just to taste its wide range of sophisticated food. Indeed, taking package tourists to expensive Hue restaurants is an essential component of many tours to the central region city. But that’s not the best way to know the [...]
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November 28, 2011
The central bank has completed a plan to restructure the banking system. Vietnam’s central bank said it will consider lowering the dong deposit rate cap in December, admitting that the cap has created an advantage for large banks over smaller lenders. The 14 percent cap was introduced at the end of 2010, but until last [...]
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November 13, 2011
Wiping out small banks should not be the goal of banking reform A customer exits a branch of Joint-Stock Commercial Bank for Foreign Trade of Vietnam, or Vietcombank, in Hanoi. Bad debts at local banks are rising, raising concerns about the safety of the whole banking system. With bad debt exposure rising among local [...]
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