Vietnam banks: best served at room temperature
Asian banks are either too hot for investors, or too cold. Here's a recipe for serving up one at room temperature. First, it has to be growing rapidly, but still small. Next, the loan book must be of...
View ArticleVietnam licenses unit of Malaysian bank CIMB
CIMB Group Chief Executive Nazir Razak speaks about the bank's expansion plan. Photo credit: Reuters CIMB Group Holdings Bhd, Southeast Asia’s fifth largest bank by assets, has been allowed to open...
View ArticleVietnam attends Eastern Economic Forum in Russia
At the event The Vietnamese delegation groups representatives from the ministries of Foreign Affairs, Industry and Trade, Public Health, and Education and Training and the Vietnamese Consulate General...
View ArticleTax refunds to be accelerated
An official from Thanh Xuan District's Department of Taxation in Ha Noi provides an online tax filing and payment consultation to a taxpayer. The tax watchdog is striving to increase the percentage of...
View ArticleRising prices expected for HCMC aparments: report
The price of apartments in HCM City is expected to increase annually by 5-10 per cent for the next three years, according to a report by Jones Lang LaSalle Việt Nam (JLL Việt Nam), a foreign commercial...
View ArticleBanks covering their assets
The National Bank of Cambodia (NBC) announced an incremental increase in the LCR in a prakas issued last December, giving banks and microfinance institutions (MFIs) until September 1 to raise their LCR...
View ArticleVietnam records trade surplus of 2.45 billion USD: GSO
The eight-month trade surplus was totally contributed by the foreign-invested sector, which posted an export surplus of 15.18 billion USD, while the domestic sector witnessed a deficit of 12.73 billion...
View ArticleCanadian bank soars after ABA investment
Net income for the quarter ending July 31 topped $365 million, up from $346 million a year earlier. The earnings were driven by a $31-million gain through the revaluation of the bank’s investment in...
View ArticleShares decline on blue chips
Shares deline on blue chips on both HCM and Ha Noi stock exchanges.- Photo baomoi.com On the HCM Stock Exchange, the VN-Index lost 0.8 per cent to close at 669.5 points. Blue chips led the downturn...
View ArticleVietnam’s overseas investments reach 20.38 bln USD
In the first eight months of this year, Vietnamese businesses’ overseas investments reached 705.8 million USD with 71 newly licensed projects and 35 adjusted projects. Since the Law on Investment took...
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