Firm to disclose dollar reserves

Firm to disclose dollar reserves

Commercial banks have been ordered by the State Bank of Vietnam to report on the foreign currency deposits of 99 major State-owned enterprises by the end of this week.
TPP offers Vietnam two sides of the coin

TPP offers Vietnam two sides of the coin

“But at the same time, we’re sitting on $2 trillion worth of cash. And let me tell you, the companies are investing not in our own country, unfortunately, but more overseas”
Wage reform in the wings

Wage reform in the wings

State authorities are working on a state sector wage reform draft to make the current wage regime more compatible to actual practices.
Desperately seeking capital

Desperately seeking capital

Raising capital from external sources has emerged as a must-look investment channel for capital-strapped Vietnamese businesses.
Foreign borrowing sees new controls

Foreign borrowing sees new controls 1

The State Bank of Vietnam has spelled out the procedures local lenders are to follow if they wish to borrow funds from foreign financial institutions.
Vietnam Report announces top 500 biggest enterprises in Vietnam

Vietnam Report announces top 500 biggest enterprises in Vietnam

Vietnam’s top 500 enterprises were revealed today.

Heat is on land use violations

The crackdown on the misuse of public land will intensify this year. “All land misused will be reclaimed. The responsibilities of organisations, ministries, enterprises and individuals for misusing public land will continue to be made clear.

Conference debates decision to equitise state-run hospitals

The proposed equitisation of some state-owned hospitals came under fire from participants at the National Conference on Pilot Equitisation of State-owned Hospitals held late last week.

SBV prods SOEs to clear bad debts

The State Bank of Vietnam (SBV) has called for the government to tighten regulations on debt repayments by state-owned corporations undergoing equitisation, in order to clear up the bad debt status of several state-owned commercial banks.
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