The Business Times: Real estate loan deals to kickstart credit growth rise

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• Real estate loan deals to kickstart credit growth rise
• FDI bottlenecks in Mekong Delta
• Footwear exporters urged to make more of opportunities
• Rubber export tariffs may be cut
• VN woodwork exports impress
• Seychelles, Vietnam cultivate economic ties
• McDonald’s wages retail premises war in Vietnam
• South Vietnam may be in power shortages from 2017
• Aug 30: Vietnam gold eases to vnd38.5mln/tael, dollar stable
• Vietnam treasury mobilizes vnd1.1tln from G-bond sale on aug 29; yields flat

Real estate loan deals to kickstart credit growth rise Posted: 30 Aug 2013 01:11 AM PDT HCM CITY (VNS) A number of banks have unveiled real-estate loan packages targeting feasible property projects and mortgages to intensify credit growth. Oceanbank has launched a package called niem tin (belief) that carries an interest rate of just 5.91 per cent for the first six months. The bank will disburse the loan in stages as [...] The post Real estate loan deals to kickstart credit growth rise appeared first on Vietnam Business News.

FDI bottlenecks in Mekong Delta Posted: 30 Aug 2013 12:57 AM PDT Although the Mekong Delta was "a bright spot" in the initial stage of FDI attraction, it has now been in low profile with Can Tho city lagging behind Long An and Tien Giang provinces. In 2010, Can Tho was placed 29th out of 63 provinces and cities in term of FDI attraction, accounting for US$641 million [...] The post FDI bottlenecks in Mekong Delta appeared first on Vietnam Business News.

Footwear exporters urged to make more of opportunities Posted: 30 Aug 2013 12:55 AM PDT HA NOI (VNS)— Vietnamese leather and footwear exporters must become more competitive to capitalise on a shift in demand from China to Viet Nam, advised experts from the Ministry of Industry and Trade. They were addressing recent increases in orders made with Vietnamese producers from countries such as Japan, amid negotiations for the Trans Pacific [...] The post Footwear exporters urged to make more of opportunities appeared first on Vietnam Business News.

Rubber export tariffs may be cut Posted: 30 Aug 2013 12:51 AM PDT HA NOI (VNS)— The Ministry of Finance has collected ideas from ministries and businesses on reducing the export tax for natural rubber products to make life easier for enterprises currently faced with high inventories and decreasing selling prices. After gathering feedback, the ministry proposed to reduce the export tax for condensed latex rubber and mixed [...] The post Rubber export tariffs may be cut appeared first on Vietnam Business News.

VN woodwork exports impress Posted: 30 Aug 2013 12:49 AM PDT HA NOI (VNS)— Viet Nam is ranked sixth among the world’s largest woodwork exporters, according to the Commercial and Industrial Information Centre under the Ministry of Industry and Trade. The country is also the second biggest woodwork exporter in the Asian region and the South East Asia leader, the centre reported. The domestic industry is [...] The post VN woodwork exports impress appeared first on Vietnam Business News.

Seychelles, Vietnam cultivate economic ties Posted: 30 Aug 2013 12:34 AM PDT Seychelles Chamber of Commerce and Industry (SCCI) Chairman Marco Francis has urged his country's businesses to seize every future opportunity to expand economic cooperation with Vietnamese partners. Francis issued his encouragement at an August 29 business forum in Hanoi, organised to coincide with Seychelles President James Alix Michel's official visit to Vietnam. Francis promised the [...] The post Seychelles, Vietnam cultivate economic ties appeared first on Vietnam Business News.

McDonald’s wages retail premises war in Vietnam Posted: 30 Aug 2013 12:08 AM PDT Though having not officially set its foot in the Vietnamese market, the US giant McDonald's still can make the Vietnamese fast food market seething. The fast food market, which was smoldering for a long time, suddenly flared up on July 15 when McDonald's Global announced that Nguyen Bao Hoang, who manages IDG Ventures Vietnam, has [...] The post McDonald's wages retail premises war in Vietnam appeared first on Vietnam Business News.

South Vietnam may be in power shortages from 2017 Posted: 30 Aug 2013 12:01 AM PDT The Ministry of Industry and Trade has said that if not building new power plants or speeding up the construction of the Long Phu I and Duyen Hai III plants before 2018, the South Vietnam will face power shortages. Reporting at the regular meeting of the Government on August 27-28, the Ministry of Industry and [...] The post South Vietnam may be in power shortages from 2017 appeared first on Vietnam Business News.

Aug 30: Vietnam gold eases to vnd38.5mln/tael, dollar stable Posted: 29 Aug 2013 09:46 PM PDT This morning Vietnam gold inched down to VND38.5 million/tael. World gold was slightly traded up. Hochiminh was traded at VND38.20 million/tael for bid and VND38.50million/tael for ask respectively as of 09:55 am, Hanoi time. SJC in the North quoted at VND38.20 million/tael for bid and VND38.50 million/tael for ask. Techcombank gold prices were listed at [...] The post Aug 30: Vietnam gold eases to vnd38.5mln/tael, dollar stable appeared first on Vietnam Business News.

Vietnam treasury mobilizes vnd1.1tln from G-bond sale on aug 29; yields flat Posted: 29 Aug 2013 08:58 PM PDT The State Treasury of Vietnam sold a combined VND1,100 billion worth of government bonds in an auction on August 29 at the yields of 7.3-8.9% per annum, according to the Hanoi Stock Exchange (HNX). In the auction, the State Treasury planned to sell VND4 trillion worth of government bonds, distributed equally for 2-y, 3-y, 5-y and [...] The post Vietnam treasury mobilizes vnd1.1tln from G-bond sale on aug 29; yields flat appeared first on Vietnam Business News.

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