The Business Times: Vietnam sees increase in imported cars

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• Vietnam sees increase in imported cars
• Vietnam-China trade aims for US$60 bln in 2015
• Hospitals invest in IT services
• Markets surge on high liquidity
• Vietnamese shrimps penetrate Korean market
• Techcombank earns 750b dong of profit before tax in nine months
• Sacombank earns 2.364tr dong of profit before tax in ten months
• Low-cost capital plentiful, but borrowers keep glacial
• SBV requires bad debt settlement by the end of 2015
• Eximbank’s total assets reach 154.477tr dong as of sep 30

Vietnam sees increase in imported cars Posted: 18 Nov 2013 06:45 PM PST The Ministry of Industry and Trade informed that until end of September Vietnam had imported 25,187 completely assembled cars. Import of completely assembled cars has gone up by 27.1 percent from last year. Until end of October, the country had imported a total of 28,000 cars worth US$551 million, up 30.1 percent in quantity and [...] The post Vietnam sees increase in imported cars appeared first on Vietnam Business News.

Vietnam-China trade aims for US$60 bln in 2015 Posted: 18 Nov 2013 06:41 PM PST -Vietnam and China are expected to increase their two-way trade turnover to US$60 billion and US$100 billion in 2015 and 2017, respectively. According to the Trade Promotion Department under the Ministry of Industry and Trade (MoIT), China has been Vietnam's leading trade partner since 2004. The two countries' trade exchange has enjoyed an annual growth [...] The post Vietnam-China trade aims for US$60 bln in 2015 appeared first on Vietnam Business News.

Hospitals invest in IT services Posted: 18 Nov 2013 06:40 PM PST Many hospitals in Viet Nam are transforming their IT services by upgrading to more expensive, smarter systems to improve their services and quality. Stronger demand from consumers, who have become more aware about quality healthcare services, has prompted the trend. More sophisticated IT applications are important, hospital representatives said, because of the shortage of human [...] The post Hospitals invest in IT services appeared first on Vietnam Business News.

Markets surge on high liquidity Posted: 18 Nov 2013 06:33 PM PST Benchmark indices closed at a three-month high yesterday on both national stock exchanges. On the HCM City Stock Exchange, the VN-Index jumped 1.03 per cent to finish at 506.48 points. The southern bourse witnessed strong cash flow yesterday with a total trading value of VND1.526 trillion (US$72.66 million) on the exchange of 115.879 million shares. [...] The post Markets surge on high liquidity appeared first on Vietnam Business News.

Vietnamese shrimps penetrate Korean market Posted: 18 Nov 2013 06:32 PM PST Vietnamese shrimp exports to the Republic of Korea (RoK) have increased substantially in the third quarter of the year, up 77 percent on last year's same period. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), September's shrimp exports to the RoK experienced a rise of 86.2% compared to the same period in [...] The post Vietnamese shrimps penetrate Korean market appeared first on Vietnam Business News.

Techcombank earns 750b dong of profit before tax in nine months Posted: 18 Nov 2013 06:30 PM PST Vietnam Technological and Commercial Joint- stock Bank (Techcombank) has announced its consolidated financial report for Q3/2013. Accordingly, as of September 30 2013, Techcombank's credit growth rate reached 2.5 percent and capital mobilisation increased 5.2 percent compared to early year. The bank gained 1.018 trillion dong of net profit income in Q3/2013, down 28 percent compared [...] The post Techcombank earns 750b dong of profit before tax in nine months appeared first on Vietnam Business News.

Sacombank earns 2.364tr dong of profit before tax in ten months Posted: 18 Nov 2013 06:28 PM PST Sacombank has announced operating results for the first nine months of 2013 to 2.374 trillion dong of profit before tax, reaching 84.4 percent of year plan. Sacombank expects to advance 2013 dividend at 8 percent. The date to close the shareholder list is December 2 and the payment date is December 15. To prepare the [...] The post Sacombank earns 2.364tr dong of profit before tax in ten months appeared first on Vietnam Business News.

Low-cost capital plentiful, but borrowers keep glacial Posted: 18 Nov 2013 06:26 PM PST The lending interest rates offered by many commercial banks have reduced to below the deposit interest rates. However, businesses don't intend to borrow money at this moment. Banks' adventure to look for more borrowers… The banks' doors have never been opened so widely to businesses. A banker said that not only profitable businesses, but the [...] The post Low-cost capital plentiful, but borrowers keep glacial appeared first on Vietnam Business News.

SBV requires bad debt settlement by the end of 2015 Posted: 18 Nov 2013 06:26 PM PST Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh has required that credit organisations must basically settle current bad debts from now until the end of 2015. Firstly, for target of bad debt settlement, Governor assigned credit organisations to strive to basically settle current bad debts by the end of 2015 and effectively [...] The post SBV requires bad debt settlement by the end of 2015 appeared first on Vietnam Business News.

Eximbank’s total assets reach 154.477tr dong as of sep 30 Posted: 18 Nov 2013 06:25 PM PST Vietnam Export Import Commercial Joint Stock Bank (Eximbank) has announced its consolidated financial report of Q3/2013. Accordingly, the bank's total assets reached 154.477 trillion dong as of September 30, down 15.679 trillion dong or 9.2 percent compared to late 2012. Capital mobilisation from customers increased 13.9 percent in the first nine months of 2013 and [...] The post Eximbank's total assets reach 154.477tr dong as of sep 30 appeared first on Vietnam Business News.

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