The Business Times: Apparel and footwear successfully overcome hardships in 2013

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• Apparel and footwear successfully overcome hardships in 2013
• Bitcoin has arrived in Vietnam
• State treasury sells vnd5,550 billion G-bonds on jan 13; yields down
• SBV net injects vnd566 bln on jan 14
• Bond transaction system upgraded
• LienVietPostBank to advance 2013 third round dividend at 2pct
• Blue chips boost benchmark indices
• Tien Giang’s outstanding loans reach 19.608tr dong in 2013
• Nearly 759 billion VND disbursed in housing loans

Apparel and footwear successfully overcome hardships in 2013 Posted: 15 Jan 2014 01:11 AM PST In 2013, garment – textile and leather – footwear companies enjoyed good business, had stable workforce, and attained relatively high export growth to major markets despite slowing or even declining imports of apparels and footwear in these markets. In addition, many businesses actively grasped the opportunity to expand to new markets in countries like South […] The post Apparel and footwear successfully overcome hardships in 2013 appeared first on Vietnam Business News.

Bitcoin has arrived in Vietnam Posted: 14 Jan 2014 09:03 PM PST A notice appeared on a website, called the "forum for the parents," last week: "Bitcoin accepted here," with the symbol showing that bitcoin is the acceptable payment currency. This is the first and the only company in Vietnam accepting the payment in bitcoin so far. The notice has immediately caught the special attention from the […] The post Bitcoin has arrived in Vietnam appeared first on Vietnam Business News.

State treasury sells vnd5,550 billion G-bonds on jan 13; yields down Posted: 14 Jan 2014 08:42 PM PST The State Treasury on January 13, 2014 sold VND5,550 billion worth of government bonds out of VND6 trillion auctioned at the Hanoi Stock Exchange (HNX) at the yields of 6.85-8.25% p.a, local newswire NDH reported. This is the first auction of the State Treasury in the year 2014. In the auction, the State Treasury planned […] The post State treasury sells vnd5,550 billion G-bonds on jan 13; yields down appeared first on Vietnam Business News.

SBV net injects vnd566 bln on jan 14 Posted: 14 Jan 2014 08:40 PM PST The State Bank of Vietnam (SBV) net withdrew VND1,968 billion through OMO and pumped VND2,534 billion via mature T-bills, resulting in net injection of VND566 billion on Jan 14, 2014, local newswire NDH reported citing data from SSI Research. In details, the SBV pumped VND1,926 billion through open market operation (OMO) while withdrew VND3,894 billion, […] The post SBV net injects vnd566 bln on jan 14 appeared first on Vietnam Business News.

Bond transaction system upgraded Posted: 14 Jan 2014 08:35 PM PST Being an effective capital mobilisation channel for the economy, Vietnam's bond market is still a "rising star" of regional financial market. To match development potential, a new bond transaction system has been established and implemented. Impressive figures In the first 11 months of 2013, via primary bidding on the government-backed bond market managed and run […] The post Bond transaction system upgraded appeared first on Vietnam Business News.

LienVietPostBank to advance 2013 third round dividend at 2pct Posted: 14 Jan 2014 08:34 PM PST Lien Viet Post Commercial Joint Stock Bank (LienVietPostBank) announced that it will 2013 third round dividend according to the resolution No. 08/2014/NQ-HDQT dated on January 8 2014 of director board. Accordingly, the dividend advance rate is 2 percent on the face value of shares owned by each shareholder, according to a shareholder list closed at […] The post LienVietPostBank to advance 2013 third round dividend at 2pct appeared first on Vietnam Business News.

Blue chips boost benchmark indices Posted: 14 Jan 2014 08:32 PM PST Shares continued to climb on both the national stock exchanges yesterday with improved liquidity on the southern bourse. More than 94.8 million shares were traded on the HCM City Stock Exchange with a total value of more than VND1.57 trillion (US$74.76 million), both being 18 per cent and 38 per cent higher than Monday’s trading, […] The post Blue chips boost benchmark indices appeared first on Vietnam Business News.

Tien Giang’s outstanding loans reach 19.608tr dong in 2013 Posted: 14 Jan 2014 08:27 PM PST According to the State Bank of Vietnam – Tien Giang Branch, as of the end of 2013, raised capital reached 25.859 trillion dong, up 12.82 percent compared to the end of 2012. Outstanding loans reached 19.608 trillion dong, up 21.84 percent, focusing on agriculture and rural sector (accounting for 57 percent of total outstanding loans). […] The post Tien Giang's outstanding loans reach 19.608tr dong in 2013 appeared first on Vietnam Business News.

Nearly 759 billion VND disbursed in housing loans Posted: 14 Jan 2014 08:25 PM PST The State Bank of Vietnam (SBV) on January 14 announced that the banking system had disbursed 758.7 billion VND (35.626 million USD) of the 30 trillion VND housing support package to 1,765 customers as of December 31, 2013.  Earlier, banks committed to offer loans to 1,789 customers with a total capital of 1.881 trillion VND […] The post Nearly 759 billion VND disbursed in housing loans appeared first on Vietnam Business News.

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