The Business Times: Vietnam banks on debt clean-up
The Business Times: Vietnam banks on debt clean-up |  |
- Vietnam banks on debt clean-up
- Vietnam central bank plans to issue vnd6tln T-bills in Q2
- Vietnam central bank net withdraws vnd981bln via OMO on may 2
- Viet Nam, Laos trade on course for 2015 target
- Fertiliser measures expected to inspire sector growth
- Stores enjoy holiday sales surge
- Cellphones lead export growth
- The world’s leading big guys land in Vietnam
- Part 1: from K-pop to K-invest
- Rental property market challenged by recession
| Vietnam banks on debt clean-up Posted: 02 May 2013 08:16 PM PDT When Nguyen Manh Hung’s furniture company Phuc Luc was bustling, orders flew in from wealthy Vietnamese who sought his hand-crafted beds, cabinets and tables, netting him $US25,000 a month after costs and wages for 35 staff. Two years later, hurt by the slump in Vietnam’s economy, business in his Hanoi shop is crumbling. Hung is [...] |
| Vietnam central bank plans to issue vnd6tln T-bills in Q2 Posted: 02 May 2013 08:16 PM PDT The State Bank of Vietnam (SBV) said in a post on its website that it planned to issue VND6 trillion worth of Treasury bills in the second quarter of the year. Contents and time for each auction will be notified on the website of the SBV and the monetary market system AFD at the central [...] |
| Vietnam central bank net withdraws vnd981bln via OMO on may 2 Posted: 02 May 2013 08:16 PM PDT The State Bank of Vietnam (SBV) net withdrew VND981 billion via open market operation (OMO) on May 2, the local newswire NDHMoney.vn reported, citing data compiled by SSI Research. In details, the monetary authority pumped VND834 billion and withdrew VND1,815 billion during the day. The SBV issued no Treasury bills yesterday; but there were VND2 [...] |
| Viet Nam, Laos trade on course for 2015 target Posted: 02 May 2013 08:10 PM PDT HA NOI –—Viet Nam and Laos expect to increase two-way trade turnover to US$2 billion by 2015 and $5 billion by 2020. According to Tran Bao Giam, Trade Counsellor at the Vietnamese Embassy in Laos, Vietnamese products currently account for 16.4 per cent of Laos’ imports – particularly steel and iron, petrol, vehicles, machines and [...] |
| Fertiliser measures expected to inspire sector growth Posted: 02 May 2013 08:09 PM PDT HA NOI— The quality and price of fertilisers will be controlled under a new decree being drafted by the Ministry of Industry and Trade (MoIT). Phung Ha, head of the ministry’s Chemical Department, said the decree aimed to make sure customers got a fair deal. Sharing the ideas, a spokesman for the Ministry of Justice [...] |
| Stores enjoy holiday sales surge Posted: 02 May 2013 08:07 PM PDT HCM CITY— Several supermarkets in HCM City reported an upsurge in sales during the Liberation Day (April 30) and May Day holidays when they offered big discounts. Big C supermarket, which offered discounts of 5-50 per cent, said the rise in sales reached its target. Huynh Thi Ngoc Tram, head of Big C’s public relations [...] |
| Posted: 02 May 2013 08:06 PM PDT HA NOI— Viet Nam’s exports in April edged up 9.1 per cent from a year ago to US$9.7 billion. Exports of mobile phones and components accounted for $5.8 billion, up 92.3 per cent year-on-year. Other items enjoying high export volume included garments and textiles with $5.1 billion (up 20.3 per cent) and electronics and computers [...] |
| The world’s leading big guys land in Vietnam Posted: 02 May 2013 08:00 PM PDT More and more big guys in the world have announced their direct investments in Vietnam, which, in the eyes of analysts, shows that foreign investors have confidence on the prosperity of the Vietnam's economy. Auchan, a French retailer, the rival of the big names like Wal-Mart, Carrefour, Lotte, Metro and Big C, has returned to [...] |
| Part 1: from K-pop to K-invest Posted: 02 May 2013 08:00 PM PDT Vietnamese have got familiar to the Korean culture, and they have joined hands with South Korean investors. The third South Korean investment wave has begun in Vietnam, with the big changes in the investors' tastes. It surprised all the Saigonese when they realized that Legend Hotel, which had been existing for 10 years in HCM [...] |
| Rental property market challenged by recession Posted: 02 May 2013 04:38 AM PDT Despite being at the busiest trading area in Hanoi, many people living in the Old Quarter’s streets are finding it hard to lease out their houses, even at much lower prices. According to the owners, many kinds of business are being threatened by the on-going economic downturn. On Tran Hung Dao Street, a 180 square [...] |
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