BIDV

Update news BIDV

 VietNamNet Bridge – The Bank for Investment and Development of Vietnam (BIDV) is the only Vietnamese bank of 25 foreign banks that have an opportunity to received one of 10 licenses in Myanmar.

BUSINESS IN BRIEF 30/4

 Japanese firms invest in Vietnam’s industrial zones; SBV Governor: Monetary market to become stable by year-end; Jan-Apr inflation lowest in 13 years; BIDV raises chartered capital to VND33.5 trillion

BIDV seeks foreign strategic investors

 VietNamNet Bridge – The Bank for Investment and Development of Viet Nam has set a goal to win foreign strategic partners later this year or no later than the first half of 2015, according to the bank's chairman Tran Bac Ha.

BUSINESS IN BRIEF 25/12

 Paper industry grows 7% in 2013; Rubber exports surpass 1 billion USD; BIDV teams up with Japan’s top bank; US$1.36 billion investment in a new thermal power plant; VietJetAir receives foreign loan for new aircraft

BUSINESS IN BRIEF 18/11

 HCM City’s foreign-currency credits tumble; Vietnam eyes labour cooperation with Middle East, North Africa; BIDV receives Asia Risk award; Mekong Delta looks towards green economy

BUSINESS IN BRIEF 13/11

 Russia affirms its nuclear status in Vietnam; Coffee exports to Mexico fall 19%; Ad firms confront challenges; Phone handset exports up 76%; Central bank backs down on currency

Government mulls lifting foreign cap for private business ownership

 VietNamNet Bridge – The Government will consider increasing the foreign ownership cap for non-State-owned enterprises, said Minister and chairman of the Government Office Vu Duc Dam.

BUSINESS IN BRIEF 30/8

 Foreign banks offer syndicated loan to BIDV; Singapore’s imports from Vietnam continues increasing; Imported vegetable oil subject to CVDs; Vinamilk exports top $136m

Three small investors to blame for costly stock market rumour

The Ministry of Public Securities has found the three individual believed to have started rumour that the chairman of the Bank for Investment and Development of Viet Nam was arrested in February, causing chaos in the stock market.

VND9 trillion of soft loans for realty companies

VietNamNet Bridge – The State Bank of Vietnam has issued a circular on providing low-interest loans to support the housing segment in line with Resolution 02/NQ-CP, under which as much as 30% or VND9 trillion of a credit line

Vietnam Airlines moves towards IPO

VietNamNet Bridge – National flag carrier Vietnam Airlines has seen some progress in its much delayed equitisation process with news that the carrier will start preparing the documents for its initial public offering during the next two months.

PM Dung’s first activities in Russia

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung and his entourage arrived in Moscow on May 12 for an official four-day visit to Russia at the invitation of Prime Minister Dmitry Medvedev.

Vietnam's stock market loses nearly VND34 trillion due to rumor

The police have set up a committee to investigate the origin of the fabricated information, speculation about that the President of the Bank for Investment and Development of Vietnam was arrested.

BIDV rejects rumour of its chairman’s arrest

 VietNamNet Bridge – The Bank for Investment and Development of Vietnam (BIDV) has rejected the rumour that its Chairman of Board of Directors Tran Bac Ha was arrested.

BUSINESS IN BRIEF 15/12

Vietnam’s trade promotion in three EU nations; Vietnam, US amend air transport agreement; Viettel gets Cameroon telecom contract; DHL opens new depot in Da Nang; Avon to trim 1,500 jobs, exit Vietnam; Over 62,7000 businesses set up in 11 months