January 25, 2012
Vinashin, the Vietnamese state-owned shipbuilder sued by Elliott Vin (Netherlands) NV for a portion of a $600 million loan, said the claim isn’t valid. Only the loan’s arranger and facility agent Credit Suisse AG Singapore Branch can enforce payment obligations on the instruction of the majority of the lenders, Vinashin, as Vietnam Shipbuilding Industry [...]
Tags: 60 Million, 600 Million, 600 Million Loan, credit, Credit Suisse, Elliott, Elliott Vin, Elliott Vin Netherlands, High Court, Industry Group, million, Million Loan, Netherlands Nv, Shipbuilding Industry, Shipbuilding Industry Group, Suisse, The loan, Vin Netherlands, Vinashin
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December 22, 2011
Saigon Thuong Tin Commercial Joint- Stock Bank may sell as much as a 15 percent stake to Credit Suisse Group AG, the Vietnamese lender’s Chief Executive Officer said. The bank’s stock rose to the highest level in almost a month in Ho Chi Minh City. Sacombank, as the lender is known, will start negotiations [...]
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September 3, 2011
Inflation is cutting into sales volumes in Vietnam and has hurt consumer confidence, said Darin Williams, the managing director of Nielsen Co. (Vietnam) Ltd., speaking at a meeting in Ho Chi Minh City. Vietnam’s inflation rate reached 23.02 percent in August, the fastest in 33 months and the 12th straight increase in the figure. [...]
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January 29, 2010
One of the urgent demands in the world today was to generate bigger democratisation in global governance, said Prime Minister Nguyen Tan Dung in Davos yesterday. Prime Minister Nguyen Tan Dung meets Swiss President Doris Leuthard on his working visit to Switzerland.Dung, addressing the 40th Davos plenary session on reshaping global governance, said this was [...]
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September 5, 2009
Policy makers in Southeast Asiaâs biggest economies may begin to remove monetary stimulus in their financial systems as early as the second quarter of 2010 as growth resumes, according to UBG AG. Singapore may shift its currency stance to one that allows for a modest and gradual appreciation of its exchange rate, while Thailand, Indonesia [...]
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September 5, 2009
Policy makers in Southeast Asiaâs biggest economies may begin to remove monetary stimulus in their financial systems as early as the second quarter of 2010 as growth resumes, according to UBG AG. Singapore may shift its currency stance to one that allows for a modest and gradual appreciation of its exchange rate, while Thailand, Indonesia [...]
Tags: 2010 Ubs, 25 Percent, 50 Basis, 50 Basis Points, And Credit Suisse, April, Asian, Bank Indonesia, Basis Points, Benchmark Rate, Biggest Economies, Borrowing, Borrowing Costs, Borrowing Costs Unchanged, By The End, Central, Central bank, costs, Costs Unchanged, credit, Credit Growth, Credit Suisse, currency, De Facto Devaluation, economies, economy, End Teather, Facto Devaluation, growth, In Southeast Asia, In The Second, In The Second Quarter, Indonesia, inflation, Inflation Expectations, Its Benchmark, Its Benchmark Rate, Last month, monetary, Monetary Policy, Monetary Stimulus, Morgan stanley, Next Year, percent, Percentage Points, points, policy, Policy Makers, Policy Rates, predicts, quarter, Raise Rates, rates, Remove Monetary, Remove Monetary Stimulus, second, Second quarter, Singapore, Southeast, Southeast Asia, stimulus, Suisse, Teather, Teather Predicts, Teather Wrote, Thailand, The central, The central bank, The Currency, The economy, The Monetary, The philippines, The Rate, The second, The second quarter, Thursday, Tightening, unchanged
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September 3, 2009
Vietnamâs stock market rally, fueled by surging bank credit since April, may stall as lending slows, Credit Suisse Group AG said. Investors are advised to exit as âvaluations look excessive in light of the considerable risks and difficulties of investing in Vietnam,â Credit Suisse analysts Joseph Lau and Dan Fineman said in a strategy report [...]
Tags: credit, Credit Suisse, market, stock, Stock Market, Suisse, The market, Vietnam, VN-Index
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April 21, 2009
Vietnam always considers foreign-invested enterprises an integrated part of the country’s economy, affirmed Prime Minister Nguyen Tan Dung. PM Nguyen Tan Dung at the Vietnam Global Investment ForumThe Prime Minister made the affirmation at the Vietnam Global Investment Forum at Grand Hyatt Hong Kong on April 20 with the participation of over 300 leaders of [...]
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