The Business Times: Healthy banks attract int’l interest: analysts

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• Healthy banks attract int’l interest: analysts
• Mining, manufacturing push GDP up 6% in Q1
• Doors open for foreign homebuyers
• Land rental increases leave businesses in cold sweat
• Telephone exports hit $5.45b by mid-March
• Decree brings change to securities market

Healthy banks attract int’l interest: analysts Posted: 27 Mar 2015 07:03 PM PDT Domestic commercial banks can forge strategic co-operation with foreign investors if they clear their bad debts and prove their future potentials, analysts say. An article in the Dau Tu Chung Khoan (Securities Investment) magazine cites analysts as saying that while Viet Nam’s banking and financial markets are quite attractive, foreign investors will not step in […] The post Healthy banks attract int’l interest: analysts appeared first on Vietnam Business News.

Mining, manufacturing push GDP up 6% in Q1 Posted: 27 Mar 2015 07:03 PM PDT Viet Nam’s gross domestic product (GDP) edged up 6.03 per cent in the first quarter of this year on the strength of “effective contributions” from mining and manufacturing industries, the General Statistics Office (GSO) announced yesterday. GSO Director General Nguyen Bich Lam noted that the growth was higher than in corresponding periods in the preceding […] The post Mining, manufacturing push GDP up 6% in Q1 appeared first on Vietnam Business News.

Doors open for foreign homebuyers Posted: 27 Mar 2015 07:02 PM PDT Hoa Binh Group has become the first local developer to capitalise on the amended Residential Housing Law to sell apartments to foreigners. The company has announced that it will earmark a large number of apartments at Hoa Binh Green City project in Hanoi for sales to expats once the law takes effect on July 1, […] The post Doors open for foreign homebuyers appeared first on Vietnam Business News.

Land rental increases leave businesses in cold sweat Posted: 27 Mar 2015 07:01 PM PDT Businesses are complaining that higher land rentals imposed by HCM City authorities will push them against the wall. The director of a gas tank production company in district 6 in HCM City sighed with relief when he was notified by tax authorities that he would have a 50 percent land rental reduction. In 2013, the […] The post Land rental increases leave businesses in cold sweat appeared first on Vietnam Business News.

Telephone exports hit $5.45b by mid-March Posted: 27 Mar 2015 07:00 PM PDT Telephone exports fetched US$5.45 billion by mid-March or accounted for 19 per cent of the nation’s total export value, the General Department of Customs said. This positive result enabled telephone exports to overtake garments and textiles as the largest export commodity during the reviewed period, the department said.   The post Telephone exports hit $5.45b by mid-March appeared first on Vietnam Business News.

Decree brings change to securities market Posted: 27 Mar 2015 06:58 PM PDT Viet Nam’s State Securities Committee (SSC) yesterday held a workshop to publish changes to Decree 58/2012/ND-CP, which aim to implement and amend the Securities Law in order to improve the efficiency of the national stock market. Vu Quang Viet, director of SSC’s Legal Affairs Department, said that by March 20, the national stock market had […] The post Decree brings change to securities market appeared first on Vietnam Business News.

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