short-term deposits

Update news short-term deposits

VN Airports Corporation expects 2020 profit down by VND6 trillion due to coronavirus

The Airports Corporation of Vietnam expects profit this year will reach just US$73.4 million, a decrease of VND6 trillion compared to the year’s forecast, due to the effect of coronavirus.

VN Central Bank tightens regulations with bad loans on the rise

The State Bank of Vietnam (SBV) has taken steps to tighten regulations over banks’ use of short-term deposits, reducing its ratio used to finance medium and long term loans from 60 per cent now to 40 per cent by September next year.

 

Scrapping foreign ownership cap boosts stock prices

 VietNamNet Bridge – On February 21 Vinh Hoan Fisheries Joint Stock Company (VHC) became the third listed company to offer 100 per cent of its ownership to foreign investors after Government Decree 60/2015/ND-CP took effect.