Showing posts with label bank. Show all posts
Showing posts with label bank. Show all posts
Wednesday, February 23, 2011

World Bank finds cause for worry amidst rapid recovery

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Vietnam’s recovery from the economic crisis has been fast but uneven, and improved governance of state-owned enterprises is needed to ensure...

World Bank finds cause for worry amidst rapid recovery

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Vietnam’s recovery from the economic crisis has been fast but uneven, and improved governance of state-owned enterprises is needed to ensure...
Tuesday, February 22, 2011

Dollar rises to record vs dong on unofficial market

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HCMC – The U.S. dollar surged to a new record high of VND20,000 per dollar on the unofficial market on Tuesday and as a result businesses ar...

Unusual cash stocks pressuring Vietnam's dong: WB

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Unusual cash stocks pressuring Vietnam's dong: WB

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Bank denies new rumours of devaluation

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The State Bank of Vietnam is not planning any adjustments to foreign exchange rates, State Bank Governor Nguyen Van Giau said on Oct. 19 ...
Monday, February 21, 2011

Inflation undercuts growth gains

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HA NOI — Viet Nam is quickly recovering from the financial crisis and can easily attain its targeted growth rate for this year, although inf...
Sunday, February 20, 2011

Access to bank loans seen easier for SMEs

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HCMC – The biggest concern raised by almost all enterprises at a seminar on capital for small and medium enterprises (SME) last week is diff...
Saturday, February 5, 2011

IFC eyes An Binh Bank investment

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The International Finance Corporation (IFC) plans to forge a long term partnership with An Binh Bank (ABB). IFC, a financial arm of the Worl...

World Bank arm eyes stake in ABBank

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Friday, February 4, 2011

IFC to invest in Vietnam bank

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The International Finance Corporation, a member of the World Bank Group, will invest in the Vietnam Joint Stock Bank for Industry and Commer...
Thursday, February 3, 2011

IFC to invest in Vietnam bank

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The International Finance Corporation, a member of the World Bank Group, will invest in the Vietnam Joint Stock Bank for Industry and Commer...
Sunday, January 23, 2011

Lifted import quota cools gold rush

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HA NOI — Domestic gold prices yesterday plunged by VND1.2 million (US$61.53) from Thursday's record high to around VND31.85 million ($1,...
Saturday, January 22, 2011

Easing of safety rules sparks lending rush

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Local banks are taking advantage of the central bank’s recent relaxation of bank safety regulations to boost lending and meet the year’s cre...

Easing of safety rules sparks lending rush

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Local banks are taking advantage of the central bank’s recent relaxation of bank safety regulations to boost lending and meet the year’s cre...
Tuesday, January 18, 2011

Vietnamese bank tempts savers with German beer

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A small Vietnamese bank has started giving away beer to customers who make deposits, the latest in a string of gimmicks deployed by lenders ...
Tuesday, January 11, 2011

Liberty joins hands with bank for loan program

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HCMC - Liberty Insurance and Orient Commercial Joint Stock Bank (OCB) signed an agreement last week to launch a loan program to provide fina...
Saturday, December 18, 2010

Central bank makes little change to Circular 13

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HCMC – The central bank on Monday evening issued a new circular amending Circular 13, but it made little changes to the highly-controversial...
Thursday, November 25, 2010

Small banks have trouble with recapitalization

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An unidentified bank employee unstraps a stack of Vietnamese banknotes. Several small commercial banks find it hard to meet the chartered ca...
Monday, November 15, 2010

Australian bank seeks 20 percent stake in VIB

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Commonwealth Bank of Australia (CBA) will seek approval to increase its stake in Vietnam International Bank (VIB) to 20 percent, according t...