zalora to open three showrooms in vietnam

Zalora to open three showrooms in Vietnam

Online fashion retailer Zalora is reportedly opening three showrooms in Vietnam in the first quarter of 2015, according to Zalora Vietnam’s managing director Nguyen Phuong Anh.
dong depreciation talked down

Dong depreciation talked down

Vietnam will not take any moves to depreciate the Vietnamese dong against US dollar until Tet or February next year.
inflation still a thorn in the side of banks

Inflation still a thorn in the side of banks

“For instance, the government’s continued push for lower interest rates is perhaps fanning inflation, especially if cheap credit is allocated to inefficient use”
volatile fx rates shape up as big headache

Volatile FX rates shape up as big headache

US dollar credit repayment pressures were not the key factor creating strong exchange rate fluctuations in recent weeks.
pressured banks give new mas the swerve

Pressured banks give new M&As the swerve

Mergers and acquisitions in banking sector have not become a reality.

Property sector feels the squeeze

Credit growth is slowing and real estate sector is fretting over a fund shortage scenario.
banks prodded to lift credit

Banks prodded to lift credit

As the economy stabilises local banks could be pushed harder to secure annual credit growth targets.
van persie expects van gaal to revive spluttering united

Van Persie expects van Gaal to revive spluttering United

Robin van Persie insists troubled Manchester United will quickly turn the corner under new manager Louis van Gaal as they prepare to face Burnley on Saturday (Aug 29).