Tighter bank credit to ensure bubble-free market
3/17/2018 6:00:00 AM (GMT+7)
The State Bank of Vietnam has recently ordered commercial banks to lower the percentage of short-term capital used for mid- to long-term loans from 50 per cent in 2017 to 45 per cent in 2018 and 40 per cent in 2019. 

Vietnam’s banking system records $440bil in total asset
3/16/2018 5:48:15 PM (GMT+7)
 The total assets of the Vietnamese banking system surpassed 10 quadrillion VND (440 billion USD) in late 2017, according to the State Bank of Vietnam. 

PVEP sells 5 percent interest in Block 15-1/05 to Murphy
3/16/2018 5:44:40 PM (GMT+7)
 The PetroVietnam Exploration Production Corporation (PVEP) has signed a deal on the transfer of a 5-percent interest and the administration right in Block 15-1/05 to Murphy Cuu Long Bac Oil Co. Ltd.

VietJet inks deal to open direct flights between HCM City, Brisbane
3/16/2018 5:47:04 PM (GMT+7)
 Vietnamese budget carrier VietJet and the Brisbane Airport Corporation (BAC) of the Australian state of Queensland signed a cooperation agreement in Sydney on March 16 to open a direct route connecting Ho Chi Minh City and Brisbane.

Tourism property in 2017: Carrying out commitments of profit
3/16/2018 5:29:00 PM (GMT+7)
 In the context of impressive economic growth and Vietnam’s successful hosting of the APEC meetings and events, 2017 recorded good progress in the Vietnamese tourism industry. 

3/16/2018 5:15:41 PM (GMT+7)
Meeting tackles difficulties facing Japan’s food firms, Vietnam imports 2,300 tonnes of beef from US, Australia, Japanese firm takes acquisition route to VN beauty market, Vietnamese fruit and veg entering strict markets

VTVcab to hold $263mn IPO in April
3/16/2018 5:08:15 PM (GMT+7)
 Viet Nam Television Cable Corporation Limited Company (VTVcab) will float nearly 42.3 million shares in its initial public offering (IPO) on April 17 on Ha Noi Stock Exchange.

VN central bank issues bills valued at nearly $1.9bn
3/16/2018 5:07:08 PM (GMT+7)
 The State Bank of Viet Nam (SBV) issued bills worth some VND43 trillion (US$1.89 billion) in the past week to withdraw money from the banking system.

Assets of Vietnamese banks reach US$440.5bn in 2017
3/16/2018 5:05:55 PM (GMT+7)
 Total assets of banks in Viet Nam by the end of last year surged 17.62 per cent against 2016 to VND10 quadrillion (US$440.5 billion).

Seminar talks fruit, veg exports
3/16/2018 3:25:22 PM (GMT+7)
 Viet Nam’s fruit and vegetable exports are expected to top US$4.5 billion by 2020, with fruits accounting for $3.6 billion, according to the Crop Production Department.

Vietnam’s e-commerce market booming
3/16/2018 11:41:31 AM (GMT+7)
 Since the Internet came to Vietnam 20 years ago, the country’s e-commerce is among the fastest growing globally and has become popular, especially among businesses. 

PM Nguyen Xuan Phuc expects new waves of investments from Australia
3/16/2018 11:34:57 AM (GMT+7)
 Prime Minister Nguyen Xuan Phuc said he believes a new wave of investments, both direct and indirect, from Australia, will land in Vietnam for win-win benefits, following the freshly-established Strategic Partnership.


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