bank

Update news bank

Weak banks would be put under the special control, forced to merge to others or go bankrupt if necessary.

BUSINESS IN BRIEF 6/2

Businesses in frenzy to complete orders for Tet; Overseas remittances pour into real estatel; State-owned firms under public scrutiny; Shrimp export up five-fold in Bac Lieu

BUSINESS IN BRIEF 5/2

 New tactic employed for tackling unsold apartments; Textile industry to earn 20 billion USD early; Vietnam to develop credit information database; Ministry activates fuel price stabilisation fund

BUSINESS IN BRIEF 30/1

SBV says will resort to compulsory reserve ratio; Positive signals for farm produce exports; Cai Mep-Thi Vai international ports inaugurated; January's industrial production index falls; Japan leads Vietnam’s January FDI investors

BUSINESS IN BRIEF 27/1

Imports undercut sugar mills; CEO confidence in growth down; Tourism sector works out development plan to 2020; State firms increase investment for development; Banks look to cash in on higher credit growth; Seafood processor kicks off M&A season

A lot of banks change hands before the Year of the Snake

VietNamNet Bridge – The banking sector has become boisterous with a lot of big shareholders selling their shares in big quantities to quit the business field. Meanwhile, a lot of hidden “big guys” have jumped on the bandwagon.

BUSINESS IN BRIEF 9/1

Finance approved to build power plants; Quang Ngai chases investment; Vietnamese property developer targets Myanmar; Tourism industry fears surge in visa prices; Viet Nam expects over 7 million visitors in 2013

Stem cell storage service in high demand in Vietnam

Following the success of MekoStem, which is considered the first stem cell bank in Vietnam, some more banks would be set up to satisfy the increasingly high demand from the rich people.

More foreign invested enterprises run away, leaving debts

Not only one, two or several businesses, but numerous foreign invested enterprises (FIEs) have disappeared.

Loss making businesses still listed in A-class group

VietNamNet Bridge – No one knows exactly about the actual business performance of state owned enterprises (SOEs), and no one has sufficient information enough to give early warnings to businesses.

Can Tho’s seafood processor prosecuted

VietNamNet Bridge - After many bank officials were prosecuted for loans related to An Khang, a seafood processing company in Tra Noc Industrial Zone 2, Can Tho city, this firm’s director has also been prosecuted.