The Business Times: Irrecoverable loans make up 60% of total bad debts
The Business Times: Irrecoverable loans make up 60% of total bad debts |  |
- Irrecoverable loans make up 60% of total bad debts
- Vietnam c.bank approves in principle merger plan between PVFC and Western bank
- Hanoi issues vnd1tln municipal bonds at 8.7%
- Vietnam central bank injects vnd156bln via OMO on june 25
- Vietnam central bank injects vnd156bln via OMO on june 25
- June 25: Vietnam stocks nose dive, liquidity rise on bottom fishing
- June 25: Foreigners net sell on both HSX and HNX
- June 25: UPCoM-Index falls following official bourses
| Irrecoverable loans make up 60% of total bad debts Posted: 25 Jun 2013 11:08 PM PDT he Saigon Times cited a report by the State Bank of Vietnam (SBV) as saying that bad debts announced by credit institutions continued to rise in 5M/2013, of which irrecoverable loans surged by VND20.9 trillion or 36.5% from end 2012. Irrecoverable loans made up 57.2% of total bad debts by the end of May, versus [...] The post Irrecoverable loans make up 60% of total bad debts appeared first on Vietnam Business News. |
| Vietnam c.bank approves in principle merger plan between PVFC and Western bank Posted: 25 Jun 2013 11:06 PM PDT PVFC and Western Bank made an announcement that the State Bank of Vietnam (SBV), on June 14 this year, approved in principle the merger plan between the two entities, the local online newspaper Gafin.vn reported. PVFC and Western Bank are wrapping up all necessary procedures for full approval from the central bank. PVFC, officially known [...] The post Vietnam c.bank approves in principle merger plan between PVFC and Western bank appeared first on Vietnam Business News. |
| Hanoi issues vnd1tln municipal bonds at 8.7% Posted: 25 Jun 2013 11:05 PM PDT Hanoi, the capital city of Vietnam, has successfully issued VND1 trillion worth of five-year municipal bonds at 8.7% per annum, according to the Hanoi Stock Exchange (HNX). Yield on government bonds of the same maturity currently stands at 7.8%. The bid-to-cover ratio was 3.32. The bonds will be listed on the HNX. This issue is [...] The post Hanoi issues vnd1tln municipal bonds at 8.7% appeared first on Vietnam Business News. |
| Vietnam central bank injects vnd156bln via OMO on june 25 Posted: 25 Jun 2013 11:05 PM PDT The State Bank of Vietnam (SBV) injected VND156 billion through open market operations (OMO) on June 25, the local newswire NDHMoney.vn reported, citing data compiled by SSI Research. The monetary authority sold no Treasury-bills and no notes fell due yesterday. From March 15, 2012, the central bank issued in total VND308.731 trillion T-bills, of which [...] The post Vietnam central bank injects vnd156bln via OMO on june 25 appeared first on Vietnam Business News. |
| Vietnam central bank injects vnd156bln via OMO on june 25 Posted: 25 Jun 2013 11:05 PM PDT The State Bank of Vietnam (SBV) injected VND156 billion through open market operations (OMO) on June 25, the local newswire NDHMoney.vn reported, citing data compiled by SSI Research. The monetary authority sold no Treasury-bills and no notes fell due yesterday. From March 15, 2012, the central bank issued in total VND308.731 trillion T-bills, of which [...] The post Vietnam central bank injects vnd156bln via OMO on june 25 appeared first on Vietnam Business News. |
| June 25: Vietnam stocks nose dive, liquidity rise on bottom fishing Posted: 25 Jun 2013 02:19 AM PDT Vietnamese stocks extended their losing string today with draining liquidity as typical on Monday. The benchmark VN Index lost 16.72 points or 3.41% to 473.02, the biggest single day fall since Frebruary 26 when the VNÂ Index lost18.64 points or 3.85%. Volume rose 48.9% to 86.82 million shares worth of VND1.4 trillion. Put through trading contributed [...] The post June 25: Vietnam stocks nose dive, liquidity rise on bottom fishing appeared first on Vietnam Business News. |
| June 25: Foreigners net sell on both HSX and HNX Posted: 25 Jun 2013 02:19 AM PDT Foreigners continued to be net sellers of Vietnamese shares on both the Hochiminh Stock Exchange and the Hanoi Stock Exchange today, level of participation fell. These players net sold VND131.45 billion worth of shares on HOSE after buying 6.07 million shares for VND136.63 billion and selling 12.09 million units for VND268.08 billion, accounting for 9.74% [...] The post June 25: Foreigners net sell on both HSX and HNX appeared first on Vietnam Business News. |
| June 25: UPCoM-Index falls following official bourses Posted: 25 Jun 2013 02:19 AM PDT The UPCoM-Index, the measure of 135 unlisted public companies ended lower today. The index lost 0.23 point or 0.54% to 42.14. The market volume was 621,070 shares worth of VND3.46 billion. Market breadth was negative with 5 gainers, 17 losers, 3 unmoved and the rest untraded. VCA was the biggest gainer climbing 40% to finish [...] The post June 25: UPCoM-Index falls following official bourses appeared first on Vietnam Business News. |
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