The Business Times: Vietnamese Businesses Expect Drop in Interest Rates

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• Vietnamese Businesses Expect Drop in Interest Rates
• Feb 5: UPCoM-Index Extends Gains, Led by Main Bourses
• ODA disbursement on the rise
• HCM City named on top 20 ‘dynamic’ list
• Two Thai companies want to buy Saigon Beer
• Travel firms oppose higher admission fees at tourist sites
• Ministries urged to complete auto industry development plan
• Vietnam, Russia cooperate in nuclear power info
• Crude oil, coal output grows in Jan
• Russian investor plans Quang Trach 2 thermal project

Vietnamese Businesses Expect Drop in Interest Rates Posted: 05 Feb 2015 01:33 AM PST Many enterprises expect bank loans’ interest rates to drop soon so that they can have better business performance, said Cao Sy Kiem, chairman of the Viet Nam Association of Small and Medium-sized Enterprises. Kiem said domestic interest rates on loans for production and business activities now range between 7 and 10 per cent per year, […] The post Vietnamese Businesses Expect Drop in Interest Rates appeared first on Vietnam Business News.

Feb 5: UPCoM-Index Extends Gains, Led by Main Bourses Posted: 05 Feb 2015 01:33 AM PST The UPCoM-Index, the measure of 170 unlisted public companies, climbed for a second straight day on Thursday as traded stocks continued to advance, led by main bourses. The index added 0.49 points, or 0.79%, to end at 62.22 points. Among index members, 25 stocks increased in value, 18 tumbled, 14 were unmoved and about 110 […] The post Feb 5: UPCoM-Index Extends Gains, Led by Main Bourses appeared first on Vietnam Business News.

ODA disbursement on the rise Posted: 05 Feb 2015 01:30 AM PST Official development assistance (ODA) disbursement improved last year, deputy Prime Minister and chairman of the National Steering Committee for ODA Hoang Trung Hai told a conference yesterday in Ha Noi. Ministries and relevant offices made several legal documents and institutions and set up plans of action for ODA projects in recent years, Hai said, adding […] The post ODA disbursement on the rise appeared first on Vietnam Business News.

HCM City named on top 20 ‘dynamic’ list Posted: 05 Feb 2015 01:29 AM PST HCM City has been ranked among the 20 most dynamic cities globally by US-based financial and professional services firm Jones Lang LaSalle (JLL). The firm revealed the list through its City Momentum Index (CMI) paper in late January. This is JLL’s second annual CMI, which captures the dynamics of a city’s real-estate market – its […] The post HCM City named on top 20 'dynamic’ list appeared first on Vietnam Business News.

Two Thai companies want to buy Saigon Beer Posted: 05 Feb 2015 01:28 AM PST Thai Beverage and Singha both want to purchase shares of Vietnam’s largest brewer, the Saigon Brewery Corporation (SABECO). Thai Beverage wants to buy a 40% stake in SABECO. The company offered VND80,000 ($4) per share, 60% higher than the price on the over-the-counter market, Wall Street Journal quoted an official at the Vietnam Ministry of […] The post Two Thai companies want to buy Saigon Beer appeared first on Vietnam Business News.

Travel firms oppose higher admission fees at tourist sites Posted: 05 Feb 2015 01:27 AM PST Local authorities are increasing prices of admission tickets to tourist sites and scenic areas, saying that such fees could drive tourists away. The Vietnam National Administration of Tourism (VNAT) has sent a dispatch to Quang Binh Province's People's Committee, asking that excursion fees at tourist sites in the locality be reduced. The document was sent […] The post Travel firms oppose higher admission fees at tourist sites appeared first on Vietnam Business News.

Ministries urged to complete auto industry development plan Posted: 05 Feb 2015 01:27 AM PST Deputy Prime Minister Hoang Trung Hai has called on relevant ministries to work closely with the Japanese embassy over the drafting of an action plan for automobile industry development so that it can go before the Government next month. The plan is part of the Industrialization Strategy within the Vietnam-Japan cooperation framework until 2020 with […] The post Ministries urged to complete auto industry development plan appeared first on Vietnam Business News.

Vietnam, Russia cooperate in nuclear power info Posted: 05 Feb 2015 01:26 AM PST The Vietnamese Ministry of Science and Technology and Russia's State Atomic Energy Corporation (ROSATOM) on February 3 clinched a memorandum of understanding (MoU) to speed up cooperation in nuclear power information in the 2015-2020 period. Tran Viet Thanh, deputy minister of Science and Technology, said the MoU would help the ministry take main responsibility in […] The post Vietnam, Russia cooperate in nuclear power info appeared first on Vietnam Business News.

Crude oil, coal output grows in Jan Posted: 05 Feb 2015 01:25 AM PST The Ministry of Industry and Trade has announced that oil and coal output last month rose on the same period last year despite diving oil prices on global markets and unfavorable coal exploitation conditions. The ministry said in a report released at a meeting in Hanoi on Monday that the Vietnam National Oil and Gas […] The post Crude oil, coal output grows in Jan appeared first on Vietnam Business News.

Russian investor plans Quang Trach 2 thermal project Posted: 05 Feb 2015 01:25 AM PST Russian Inter RAO Group has clinched a memorandum of understanding (MOU) with Quang Binh Province to invest in Quang Trach 2 thermal power plant in the central province. Phan Van Thuong, director of the Quang Binh Department of Industry and Trade, told the Daily on February 3 that Quang Trach 2 thermal power plant will […] The post Russian investor plans Quang Trach 2 thermal project appeared first on Vietnam Business News.

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