Banking

Update news Banking

More companies shuttered

 VietNamNet Bridge – The number of enterprises that ceased operations rose by 12.3 per cent in the first half of the year, according to the Ministry of Planning and Investment (MPI).

BUSINESS IN BRIEF 8/5

 Bitter-sweet honey exports; Myanmar attracts Vietnamese investors; Call for expanded Delta transport system; Multi-billion projects kindle hope for recovery; Multi-billion projects kindle hope for recovery

BUSINESS IN BRIEF 3/5

Fish breeding may disappear from Hanoi village; Ministry proposes minimum wage increase delay; Rental property market challenged by recession; Financial restructuring fails to show results

BUSINESS IN BRIEF 28/4

Capital industrial production soars; As prices fall, offices attract tenants; Lotte’s ‘ao dai’ tower rises higher in Hanoi; Foreign eyes light up at new M&A deals; SBV stalls asset regulations as companies feel the pinch

BUSINESS IN BRIEF 17/4

Rice market awaits news on Filipino buyers; Property trading to be put under tighter control; HSBC Vietnam unveils profit for the first time; HCM City says to choke off slow-moving projects

Cyprus crisis: limits on bank withdrawals to last 'about a month'

The Cypriot government has warned that banking curbs to prevent money from leaving the country will apply for longer than expected, in a blow to the island's attempts to revive its paralysed economy.

BUSINESS IN BRIEF 6/3

Vietnam-Myanmar trade up 40 percent; Kazakhstan-Ho Chi Minh City air route opens; Smuggled sturgeon fish from China floods markets in Vietnam; Rice prices unlikely to rise further: traders

Purchase of houses, cars by cash may be banned

VietNamNet Bridge - If it is adopted, the draft decree on cash payments will force people to pay through the bank if they want to buy real estate, stocks or cars, motorcycles...

Prime Minister delivers warning to former EVN chairman

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung has decided to give a warning to former chairman of Electricity of Vietnam (EVN), Dao Van Hung, for big losses of the group’s subsidiary EVN Telecom.

BUSINESS IN BRIEF 22/12

Companies announce Tet bonus plans, despite financial straits; Finance Ministry urges fee collection for road use; Chinese steel threats local manufacturers; Land use fee calculation to be reviewed; EVN seeks funds for urgent projects

BUSINESS IN BRIEF 6/12

Rice exports hit a record high; Rare earth processing plant built in Quang Ninh; HCM City’s GDP soars by 9.3 pct; New ruling fails to rouse gold market; Tightening fruit and vegetable imports; EVN to issue bonds to repay debts

BUSINESS IN BRIEF 5/11

Unregistered import firms may be closed; SMEs urged to update products; Firms fail to exploit internet marketing; Coffee growers fight FDI business; Tax on jet-plane fuel cut from 12 to 7 per cent