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The Vietnam Institute for Economic and Policy Research (VEPR) has announced unsatisfactory results on a stress test it conducted on 13 Vietnamese banks which hold 68.5 percent of the total assets of the banking system.
The Government’s already-approved development strategy for the auto industry could help Vietnam meet domestic demand and join the world’s production chain but specific policies must be in place to help the nation realize preset goals.
Hundreds of police will monitor traffic in Paris on Monday after pollution levels prompted the French government to impose major restrictions.
VietNamNet Bridge – Vietnamese banks see bad debts increasing, but all of them have got higher capital safety. Meanwhile, the commercial banks believed to have high capital safety are the ones which may lose capital easily.
VietNamNet Bridge – The scenes of Vietnamese students, aged 18-20, drive cars to school, have been seen more regularly. They belong to the new class of students – the aristocratic students.
VNA, Rolls-Royce in talks over aircraft engine deal; Dealing with trade lawsuits; Vietnam, EU end fourth FTA round; Second aircraft spare parts factory to take shape; Anti-dumping probe on stainless imports
VietNamNet Bridge – The General Department of Customs has released its conclusion on 722 Daewoo Matiz and Kia Morning car that were declared as small vans to evade taxes in 2009.
VietNamNet Bridge – The cars to be imported from ASEAN countries under the mode of complete built units (CBU) would reduce to 50 percent from 2014.
According to the city’s social-economic report of the first quarter 2013, more than 104,000 new vehicles, including over 26,000 cars, were registered during this period. On average, the city had nearly 300 newly-registered cars per day.
The first rays of hope have been flashed on the automobile market, but the demand remains weak in the economic downturn. Therefore, selling cars in lots remains the top choice for automobile manufacturers.
In order to become stronger, banks need to be bigger, or they need to increase their capital.
The steps taken today in the bank restructuring process would decide the face of the Vietnamese banking system in the next three years.
Analysts believe that not many super-cars would be imported to Vietnam in 2013, because a lot of barriers have been installed which would block the way of the cars to Vietnam.
Despite the objections and concerns of local people and enterprises, the controversial road maintenance fee collection scheme has been finally realized, forcing all car and motorbike owners to start paying a fee
When automobile manufacturers’ association reported the sharp falls in the car sales, big worries have been raised--not only to the manufacturers, but to local authorities as well.
VietNamNet Bridge – India is far closer to Viet Nam and other ASEAN countries than people generally think, Indian Consul General Abhay Thakur has said.
The list of the five biggest car exporters to Vietnam has for the first time seen a new name – Indonesia. This is really a big surprise.
Under a draft plan by the Ministry of Transport, the owners of the motorbikes would be fined if they cannot show the certificates on meeting emission standards.
Despite the small scale of the Vietnamese automobile market and the sharp decrease of 40 percent in sales, manufacturers still have continuously marketed new sedan models.