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SBV Allowed To Hold Stakes In Weak Banks (2013-08-07 17:03:00)
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Seafood Exports Increase Slightly In First 7 Months (2013-08-07 17:01:00)
Higher Rice Prices At Home Deal Blow To Exporters (2013-08-07 17:00:00)
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Economic and Financial News
Outbound Investment Disbursement Tops US$4 Billion 31/07/2013 16:33

The number of local companies making overseas investments have been on the rise, with their capital disbursed abroad totaling around US$4 billion out of some US$17 billion pledged for outbound investment, a ministry official said.

Gold Custody Service Available At 12 Banks 30/07/2013 16:32

Gold owners can now use custody service at 12 banks to keep their precious metal safe, said Nguyen Hoang Minh, deputy director of the central bank’s HCMC branch.

Central Bank To Keep Eye On Weak Lenders 30/07/2013 16:31

The State Bank of Vietnam (SBV) has pledged to continue regular inspections of commercial banks to ensure the safety of Vietnam‘s financial system.

FDI Hits Nearly US$12 Billion in 7 Months 29/07/2013 16:28

 Vietnam attracted nearly US$12 billion in newly and additionally registered foreign direct investment (FDI) capital in the first seven months of 2013, a year-on-year of 19.6%.

VAMC Ready To Start Restructuring Of Bad Debts 29/07/2013 16:27

The Vietnam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts of the State Bank of Vietnam (SBV), officially began operations in Hanoi on July 26.

Over 4 Million Tonnes Of Rice Exported In Seven Months 29/07/2013 16:25

Vietnam shipped 4.22 million tonnes of rice abroad, earning US$1.88 billion, in the first seven months of this year, according to the Ministry of Agriculture and Rural Development.

Agricultural Exports’ 7 Month Total Hits US$15.57 Billion 29/07/2013 16:24

 July’s agro-forestry and seafood exports are estimated to have earned US$2.39 billion, bringing their seven-month export value to US$15.59 billion.

M&A Continues High Growth After Booming 29/07/2013 16:23

The value of the merger and acquisition (M&A) deals in 2013 is forecast to be at some $4 billion, lower than the record level made in 2012. However, experts believe the M&A market would continue rising with the average growth rate of 25-30 percent per annum.

VAMC Says To Focus On Buying Debts At Book Value 26/07/2013 16:10

Vietnam Asset Management Company (VAMC) will initially focus on buying debts at book value, said Dang Thanh Binh, deputy governor of the State Bank of Vietnam (SBV), recently appointed as chairman of the board of members of VAMC.

Banking System’s Safety Ratios Better 26/07/2013 16:08

The State Bank of Vietnam (SBV) has unveiled a number of basic indices of the banking sector on its website, indicating that operations of credit institutions have improved compared to previous months.


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