The Business Times: Airlines to establish emergency back-ups

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• Airlines to establish emergency back-ups
• Foreign breweries jump into draught-beer market
• Second wave of mergers and acquisitions begins: paper
• Banks should not be put under pressure to hike chartered capital: Experts
• Vingroup starts work on billion-USD urban complex
• SBV Asks Banks to Increase Possibility for Unsecured Loans
• Fishermen Can Borrow at 1-3% Interest Rates for Shipbuilding
• MB Approved to Open 5 Branches
• Bac A Bank Approved to Open 4 Branches
• Reduced ODA reliance can mean more funding choices

Airlines to establish emergency back-ups Posted: 28 Jul 2014 06:04 PM PDT The nation’s airlines have been ordered to identify at least one reserve airport for landings, in case of bad weather. This follows a directive, No 2690/CT-CHK, signed by Dinh Viet Thang, Deputy Head of the Civil Aviation Authority of Vietnam, on July 25. The move aims to ensure the safety of flights after recent crashes […] The post Airlines to establish emergency back-ups appeared first on Vietnam Business News.

Foreign breweries jump into draught-beer market Posted: 28 Jul 2014 05:59 PM PDT As the competition in the bottled and canned beer market is getting fierce, breweries are rushing to make a profit in the draught-beer market. Heineken last month launched an aggressive marketing campaign to promote its draught beer products. Heineken's international experts were sent to Vietnam to train Vietnamese to brew draught beer, and its marketing […] The post Foreign breweries jump into draught-beer market appeared first on Vietnam Business News.

Second wave of mergers and acquisitions begins: paper Posted: 28 Jul 2014 05:04 PM PDT Experts have claimed a second wave of mergers and acquisitions (M&A) has begun in Vietnam, the Vietnam Economic News reported, citing experts as saying that the second one is stronger both in terms of numbers and value of the transactions. Specifically, the second wave of M&A in Vietnam occurs in the 2014-2018 period. The organisation […] The post Second wave of mergers and acquisitions begins: paper appeared first on Vietnam Business News.

Banks should not be put under pressure to hike chartered capital: Experts Posted: 28 Jul 2014 09:12 AM PDT By 2015, the compulsory legal capital of banks may be raised to 10 trillion dong. However, say monetary experts, banks should not be put under pressure on chartered capital increase race in the current difficult market context. The banking system is promoting the restructuring and reorganising with an aim to trim down the system to […] The post Banks should not be put under pressure to hike chartered capital: Experts appeared first on Vietnam Business News.

Vingroup starts work on billion-USD urban complex Posted: 28 Jul 2014 09:09 AM PDT Real estate developer Vingroup started work on the construction of the 30 trillion VND (1.42 billion USD) Vinhomes Tan Cang urban complex, in Binh Thanh district of Ho Chi Minh City on July 26. The complex on a 43ha area spreading along Sai Gon River, billed as a miniature green city, will be home to […] The post Vingroup starts work on billion-USD urban complex appeared first on Vietnam Business News.

SBV Asks Banks to Increase Possibility for Unsecured Loans Posted: 28 Jul 2014 09:04 AM PDT The State Bank of Vietnam (SBV) on July 24, 2014 had official document asking credit institutions to implement Directive 11/CT-TTg dated May 21, 2014 of the Prime Minister to resolve difficulties and promote business development of enterprises.  Accordingly, the SBV asks credit institutions and branches of foreign banks to implement a number of measures, including: […] The post SBV Asks Banks to Increase Possibility for Unsecured Loans appeared first on Vietnam Business News.

Fishermen Can Borrow at 1-3% Interest Rates for Shipbuilding Posted: 28 Jul 2014 09:04 AM PDT This is the main information in the conference deploying the credit policy of Decree 67/2014/ND-CP of the Government dated July 7, 2014 held on July 24 in Quang Ngai, local newswire Saigon Economic Times reported. This Decree focuses on policy support for offshore fishermen. This is the first time the government issued the most comprehensive […] The post Fishermen Can Borrow at 1-3% Interest Rates for Shipbuilding appeared first on Vietnam Business News.

MB Approved to Open 5 Branches Posted: 28 Jul 2014 09:03 AM PDT The State Bank of Vietnam (SBV) on July 24, 2014 issued a series of documents approving the proposal on establishment of 5 more branches of Military Commercial Joint Stock Bank (MB). Accordingly, SBV allows MB to open 3 branches in Ha Nam, Nam Dinh, Binh Thuan and 2 branches in Ho Chi Minh City (Nam […] The post MB Approved to Open 5 Branches appeared first on Vietnam Business News.

Bac A Bank Approved to Open 4 Branches Posted: 28 Jul 2014 09:03 AM PDT The State Bank of Vietnam (SBV) on July 24, 2014 issued a series of documents approving the proposal on establishment of 4 more branches of North Asia Commercial Joint-Stock Bank (Bac A Bank). Accordingly, SBV allows Bac A Bank to open 2 branches in Quang Ninh, Vinh Phuc and 2 branches in Hanoi (Dong Anh […] The post Bac A Bank Approved to Open 4 Branches appeared first on Vietnam Business News.

Reduced ODA reliance can mean more funding choices Posted: 28 Jul 2014 08:55 AM PDT Viet Nam’s status as a middle-income country can limit its sources of preferential capital, Duong Duc Ung, former Director of the External Economic Department. Over the past 20 years, nearly US$80 billion in ODA has been granted to Viet Nam. How significant has this inflow been for the nation’s development and international integration? Through 19 […] The post Reduced ODA reliance can mean more funding choices appeared first on Vietnam Business News.

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