European governments argued through the night in a bid to agree a deal on tightening the oversight of eurozone banks, hours before leaders stage on Thursday their final summit of a gruelling third year in debt-crisis mode.

Vietinbank to get US$65 million from foreign banks; Wood industry urged to reform; Taiwan finances aircraft purchase; Foreign partner to buy seafood processor; Tax break lifts investor sentiment; Insurers may fail the target for 2012

Not only commercial banks, but some enterprises have also set up the divisions in charge of collecting debts.

Bad debts stunting Vietnam’s economic growth; Enterprises start to stop depending on banks;  Hanoi, HCM City to announce property price index; Mongolia, VN recognizes market economy

Gloomy picture on youth employment; State Bank may apply ceiling lending interest rates this year; Slow sales means big discounts on new clothing; 70 securities firms may be shut down; Nation to remain manufacturing hotspot

The central bank’s inspection at nine local lenders has been complete but the restructuring of the local banking system and the handling of weak commercial banks have fallen behind schedule,

 VietNamNet Bridge – Gold bullion bearing the national brand SJC saw another decrease yesterday, Nov 29, of its selling price to VND47.22 million, and the buying price to VND47.07 million (US$2,260 – $2,252) per tael.

 VietNamNet Bridge – Ailing and merged banks are looking for strategic shareholders to help them restructure and deal with bad debts.