SCIC to sell 9% of Vinamilk by end of year
VN Economic Times The State Capital Investment Corporation (SCIC) will divest 9 per cent of its holding in Vinamilk this year, a senior executive from the corporation has confirmed. Deputy CEO
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Loans for Vietnam’s state firms hit $67 billion
Vn Express According to a new government report, $15.6 billion of that came from overseas. More than 100 state-owned enterprises had borrowed VND1,500 trillion ($67 billion) by the end of last
[ Read More ]VinaCapital: exchange rate to reach 22,700 dong per US dollar by the end of the year
Dau Tu Chung Khoan The dong/US dollar exchange rate has been under control and fairly stable since the beginning of the year. This has positively affected the market as well as the psychology of
[ Read More ]$231mn ADB loan for power transmission
VET The government has signed a $231.3 million loan agreement with the Asian Development Bank (ADB) to enhance the power transmission network in southern Vietnam. The loan is the third tranche of
[ Read More ]Vietnam sees 2016 GDP growth slowing to 6.3-6.5 pct, to pick up next yr: PM
REUTERS Vietnam expects annual economic growth of 6.3-6.5 percent this year, below target and slowing from last year’s 6.68 percent, as weakness in agriculture and exports dragged on one of
[ Read More ]New interest rate level would not be formed soon
Bao Dau Tu Last week, series of banks reduce lending rate but it would not be a confirmation for new interest rate level. Since 15 October, Vietcombank reduced VND short term landing rate
[ Read More ]Where did bank credit capital flow?
Dau Tu Chung Khoan Lending rate dropped, banks offered more preferential credit packages but it was still difficult for SMEs to access. To catch end of the year capital demands, banks offered
[ Read More ]FTA enforcement opens up new prospects for Vietnam-EAEU trade
VNA Ambassadors of member countries of the Eurasia Economic Union (EAEU) have pinned high hope on trade and investment ties between EAEU and Vietnam as their free trade agreement took effect on
[ Read More ]New interest rate order begins to take shape
VnEconomy Photo: Dao Ngoc Thach One week after state-owned banks decided to significantly lower deposit rates, most of joint stock banks (with no dominant state ownership) have not yet responded.
[ Read More ]WB: Vietnam’s public debt ratio will not exceed limit this year
BizLIVE At the announcement of the East Asia and Pacific economic report update on October 5th, the World Bank (WB) keep the forecast on the Gross Domestic Product (GDP) growth of Vietnam
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