The Business Times: Beverage market continues to attract investors

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• Beverage market continues to attract investors
• Rattan, bamboo processing have potential for large-scale production
• Vietnam makes progresses in restructuring banking system: Moody’s
• ETF portfolio restructuring weighs on shares
• Dec 16: Vietnam central bank keeps dollar exchange at vnd21,036
• Vietnam bonds rise on low inflation, high bank liquidity
• 2013 sets a corporate bond issuance record
• DaiABank closes shareholder list to swap shares on December 25
• Bad debts account for 4.6pct of total outstanding loans
• Not easy to attract foreign capital in restructuring weak banks in Vietnam

Beverage market continues to attract investors Posted: 15 Dec 2013 08:59 PM PST Vietnam's beverage market remains rich in promise, reflected by the increase in the number of recent investments from major domestic and foreign enterprises. Tan Hiep Phat, one of Vietnam's leading beverage groups, will start operations of its 85 million USD beverage manufacturing plant in the northern province of Ha Nam's Kien Khe Industrial Park in [...] The post Beverage market continues to attract investors appeared first on Vietnam Business News.

Rattan, bamboo processing have potential for large-scale production Posted: 15 Dec 2013 08:58 PM PST The rattan and bamboo processing industry should be developed on an industrial scale in the future, according to experts. The opinion was voiced during a seminar held by the Viet Nam Wood and Forestry Product Association and the Agro-Forestry, Seafood Processing and Salt Industry Department on Thursday. Experts said the rattan and bamboo processing industry [...] The post Rattan, bamboo processing have potential for large-scale production appeared first on Vietnam Business News.

Vietnam makes progresses in restructuring banking system: Moody’s Posted: 15 Dec 2013 07:44 PM PST Stable outlook for the rating of government bonds B2 of Vietnam reflects the stability of the macro economy and initial progresses in the process of restructuring the banking system, Moody's Investors Service said. Stable outlook for the rating of government bonds B2 of Vietnam reflects the stability of the macro economy and initial progresses in [...] The post Vietnam makes progresses in restructuring banking system: Moody's appeared first on Vietnam Business News.

ETF portfolio restructuring weighs on shares Posted: 15 Dec 2013 07:42 PM PST The trading of shares last week was mostly affected by the caution shown by traders prior to the restructuring of exchange-traded funds’ portfolio. FPT Securities Co analyst Nguyen Van Quy said, based on the current status of liquidity, that cash has not yet been drawn out of the market. “However, trading has exposed the weakness [...] The post ETF portfolio restructuring weighs on shares appeared first on Vietnam Business News.

Dec 16: Vietnam central bank keeps dollar exchange at vnd21,036 Posted: 15 Dec 2013 07:42 PM PST Vietnam’s Central bank set the U.S. dollar’s exchange rate at VND21,036 on Monday, unchanged for 5 months and a half. Commercial banks are allowed to apply effective exchange rate +-1% from the official exchange rate set by the central bank, accordingly, the ceiling price for a dollar today was VND21,246. Today, some commercial banks lowered, [...] The post Dec 16: Vietnam central bank keeps dollar exchange at vnd21,036 appeared first on Vietnam Business News.

Vietnam bonds rise on low inflation, high bank liquidity Posted: 15 Dec 2013 07:40 PM PST Vietnam bonds rose on Friday, with yields at their lowest in nearly four months, driven by positive investor sentiment about banks' liquidity and slowing inflation, analysts said. Yields on government bonds on two-year terms fell 0.1438 point to 7.0875 percent, the lowest since August 16, according to Reuters fixings data. One-year bond yields were down [...] The post Vietnam bonds rise on low inflation, high bank liquidity appeared first on Vietnam Business News.

2013 sets a corporate bond issuance record Posted: 15 Dec 2013 07:39 PM PST According to data of the Banking and Financial Institutions Department under the Ministry of Finance, enterprises have raised 33.6 trillion dong of domestic capital via corporate bond issuance from early to date. The data were given at the seminar named "Guide processes of corporate bond issuance" held by the department on the HCM Stock Exchange [...] The post 2013 sets a corporate bond issuance record appeared first on Vietnam Business News.

DaiABank closes shareholder list to swap shares on December 25 Posted: 15 Dec 2013 07:38 PM PST Vietnam Securities Depository (VSD) announced the last registration day of DaiA Bank. Accordingly, DaiABank will close the shareholder list on December 25 to cancel registration of 310 million shares on the VSD…. Share cancel aims to swap shares DaiABank into HDBank at the rate of 1:1 (one share of DaiABank in exchange for one share [...] The post DaiABank closes shareholder list to swap shares on December 25 appeared first on Vietnam Business News.

Bad debts account for 4.6pct of total outstanding loans Posted: 15 Dec 2013 07:36 PM PST According to an updated figure from the State Bank of Vietnam (SBV), bad debts account for 4.6 percent of total outstanding loans, equivalent to over 140 trillion dong. This bad debt amount is equal to 30 percent of own capital of commercial banks. Bad debts and bad debt settlement are still top priorities of credit [...] The post Bad debts account for 4.6pct of total outstanding loans appeared first on Vietnam Business News.

Not easy to attract foreign capital in restructuring weak banks in Vietnam Posted: 15 Dec 2013 07:35 PM PST Opening the door for foreign banks to acquire weak banks is a solution being expected to create a breakthrough for the banking system restructuring. But, the paradox is pointed out that foreign banks prefer domestic "healthy" banks. Amongst many given solutions, the scheme to sell stake to foreign investors, particularly "considering and allowing foreign credit [...] The post Not easy to attract foreign capital in restructuring weak banks in Vietnam appeared first on Vietnam Business News.

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