d link international grows presence in vietnam

D-Link International grows presence in Vietnam

The global leading networking solutions company, D-Link International Pte Ltd, just appointed Thuy Linh International Trade Co., Ltd. its new distributor in Vietnam.
sbv limits non vnd term deposits to local citizens

SBV limits non-VND term deposits to local citizens

In an effort to tighten management on foreign currency, on August 1 the State Bank of Vietnam issued Circular 16/2014/TT-NHNN regarding the use of current accounts in foreign currency by residents and non-residents at permitted banks and the use of VND current accounts by non-residents and foreign individual residents.
bond market spikes on improved cpi

Bond market spikes on improved CPI

According to the Asian Development Bank, Vietnam has the fastest growing bond market in East Asia’s emerging markets during the first quarter of 2014. The growth of the bond market can be credited to Vietnam successfully managing to sustain macroeconomic stability, contain inflation, and maintain economic growth over the past three years.
a reshuffled deck key to winning hand

A reshuffled deck key to winning hand

Vietnam’s banking sector has enjoyed a boom time in recent years, but low asset quality and a particularly high ratio of non-performing loans, has triggered great concern, writes Vietcombank Securities analyst Quach Thuy Linh.
state banks bad debts to be sold off

State banks’ bad debts to be sold off

Plans are afoot to sell state-owned banks’ bad debts to the Debts and Assets Trading Company, now run by the Ministry of Finance.