The Business Times: VAMC issued special bonds worth vnd30 billion for SHB

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• VAMC issued special bonds worth vnd30 billion for SHB
• SBV announced updated data on activities of credit institutions
• Vietnam c.bank net withdraws vnd537bln via OMO on nov 11
• Vietnamese businesses to benefit from increased credit
• Smartphone usage lags behind computers in VN: study
• Coffee exports to Mexico fall 19%
• Vietnam lowers gasoline prices by vnd250/litter from 20 pm, nov 11
• Registered FDI to surpass $20bln this year: MOPI
• Shrimp exports see sea change
• Ministry justifies 3G price increase

VAMC issued special bonds worth vnd30 billion for SHB Posted: 11 Nov 2013 08:54 PM PST The State Bank of Vietnam (SBV) has just announced the issuance of Vietnam Asset Management Company (VAMC)'s special bonds, local newswire Tri Thuc Tre reported. Specifically, SBV's Operations Center announced the issuance of special bonds for Saigon -Hanoi Commercial Joint Stock Bank (SHB) at request of VAMC with total value VND30.4 billion. The bonds have [...] The post VAMC issued special bonds worth vnd30 billion for SHB appeared first on Vietnam Business News.

SBV announced updated data on activities of credit institutions Posted: 11 Nov 2013 08:53 PM PST The State Bank of Vietnam (SBV) has announced updated data on activities of credit institutions as of September 30, 2013, local newswire Tri Thuc Tre reported. Accordingly, the total assets of the system at the end of 3rd quarter of this year reached VND 5,376,000 trillion, an increase of 5.53% compared to the end of [...] The post SBV announced updated data on activities of credit institutions appeared first on Vietnam Business News.

Vietnam c.bank net withdraws vnd537bln via OMO on nov 11 Posted: 11 Nov 2013 08:50 PM PST The State Bank of Vietnam (SBV) withdrew VND537 bln via reverse repo transactions, local newswire Tri Thuc Tre reported. As for reverse repo transactions, there bid winning amount was VND252 billion, while the mature amount was VND789 billion, resulting in SBV's net withdrawal of VND537 billion. As of November 11, the total outstanding loans on OMO were VND666 [...] The post Vietnam c.bank net withdraws vnd537bln via OMO on nov 11 appeared first on Vietnam Business News.

Vietnamese businesses to benefit from increased credit Posted: 11 Nov 2013 08:44 PM PST The State Bank of Vietnam, which has sought to boost the economy through loosening the country's credit policies, will allow commercial banks to increase their loans by up to 20 percent through the end of this year The State Bank of Vietnam, which has sought to boost the economy through loosening the country's credit policies, [...] The post Vietnamese businesses to benefit from increased credit appeared first on Vietnam Business News.

Smartphone usage lags behind computers in VN: study Posted: 11 Nov 2013 06:55 PM PST Thanks to the fast growth of mobile devices, smartphones are being increasingly used to access the internet but laptops and desktops still dominate. According to an online survey conducted by the market-research company Epinion Viet Nam in mid-October, 75 per cent of internet users used laptops to access the internet, followed by desktops with 54 [...] The post Smartphone usage lags behind computers in VN: study appeared first on Vietnam Business News.

Coffee exports to Mexico fall 19% Posted: 11 Nov 2013 06:53 PM PST Vietnam shipped more than 30,700 tonnes of coffee to Mexico in the past 10 months, earning US$63 million or down 19% against the same period last year. The Ministry of Industry and Trade (MoIT) said coffee is one of its five key export items to Mexico with the highest turnover.Despite the world's economic downturn and [...] The post Coffee exports to Mexico fall 19% appeared first on Vietnam Business News.

Vietnam lowers gasoline prices by vnd250/litter from 20 pm, nov 11 Posted: 11 Nov 2013 06:51 PM PST Starting from 20 pm November 12, Vietnam National Petroleum Group (Petrolimex) cut retail gasoline price by VND250/litter, following the direction of the Ministry of Finance (MoF), cand.com.vn reported. Accordingly, Petrolimex currently offeres VND23,630/litter for A92 gasoline, VND24,120 for A95 gasoline and oil products’ prices are kept unchanged. On late November 11, MoF sent documents requesting [...] The post Vietnam lowers gasoline prices by vnd250/litter from 20 pm, nov 11 appeared first on Vietnam Business News.

Registered FDI to surpass $20bln this year: MOPI Posted: 11 Nov 2013 06:49 PM PST Registered foreign direct investment (FDI) will surpass $20 billion threshold this year, the Ministry of Planning and Investment (MoPI) forecast. In the first 10 months of this year, Vietnam attracted US$19.23 billion of FDI (both newly registered and added capital), rising 65.% on year. FDI disbursement also rose to $10 billion in the period, up [...] The post Registered FDI to surpass $20bln this year: MOPI appeared first on Vietnam Business News.

Shrimp exports see sea change Posted: 11 Nov 2013 06:47 PM PST The export of white-legged shrimp has increased significantly this year and beaten shipments of the black tiger shrimp for the first time. The export value of US$1.18 billion in the Jan-October period marks a massive 95 per cent year-on-year rise in shipment of the white-legged shrimp, according to the Viet Nam Association of Seafood Exporters [...] The post Shrimp exports see sea change appeared first on Vietnam Business News.

Ministry justifies 3G price increase Posted: 11 Nov 2013 06:45 PM PST The Ministry of Information and Communications last week explained its recent proposal to allow an increase in 3G mobile internet fees by telecom companies Viettel, MobiFone and VinaPhone. At a press conference, Deputy Minister Le Nam Thang said that telecom companies had originally set prices lower than cost to attract users. They raised the price [...] The post Ministry justifies 3G price increase appeared first on Vietnam Business News.

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