hcm city office market set to bustle by year end

HCM City office market set to bustle by year-end

In the second half of 2015 the HCM City office market is expected to add more than 100,000sq.m of office space from one grade A and three grade B projects, according to the latest report from Cushman and Wakefield on the city real estate market.Competitive deals remain available for the best and largest tenants as new supply gets delivered with Vietcombank, Lim Tower 2, and Pearl Plaza being the most prominent. A lack of quality Grade A leasable space may mean rents will stabilise in the fourth quarter of 2015.
rising provisions slash vietcombank vietinbank profits

Rising provisions slash Vietcombank, VietinBank profits

Increasing provisional funds whittled away significant profits of two major banks in the first quarter of this year.
vietcombank buys 1 billion in government bonds

Vietcombank buys $1 billion in Government bonds

Bank for Foreign Trade of Viet Nam (Vietcombank) has bought Government bonds worth US$1 billion from the Finance Ministry, Thoi bao Kinh te Sai Gon (Saigon Economic Times) reported online.
vietcombank to finance nghe an hydroelectric project

Vietcombank to finance Nghe An hydroelectric project

Vietcombank will lend the Nam Mo & Nam Non Hydropower Joint Stock Company VND360 billion (US$17.14 million) to build a hydroelectric plant in the central province.
two vietnamese banks listed among top 500 brands

Two Vietnamese banks listed among top 500 brands

The Vietnam Bank for Industry and Trade (VietinBank) and Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) figure among the world's top 500 banking brands.
sbv wants vietinbank vietcombank to become leading banks

SBV wants Vietinbank, Vietcombank to become leading banks

The State Bank of Viet Nam (SBV) wants Vietinbank and Vietcombank to become the leading banks of Viet Nam, and boost their scale at the regional level.
vietcombank to become no1 bank in vietnam

Vietcombank to become No.1 bank in Vietnam

The State Bank (SBV) Governer Nguyen Van Binh urged Vietcombank to become a leader in the banking sector in a conference for Business Implementation in 2015 held by Vietcombank on January 16.
vietcombank to merge with saigonbank

Vietcombank to merge with Saigonbank

Vietcombank is set to merge with Saigonbank as part of a general banking restructuring process, said Nguyen Van Binh, the Governor of the State Bank of Viet Nam (SBV).
vietcombank posts impressive results by reducing npls

Vietcombank posts impressive results by reducing NPLs

The Bank for Foreign Trade of Viet Nam's (Vietcombank's) non-performing loans (NPLs) fell to 2.3 per cent at the end of last year, from 3.09 per cent in Q2 of 2014.
vietcombank provides vietnam airlines 160 million

Vietcombank provides Vietnam Airlines $160 million

The Bank of Foreign Trade of Vietnam (Vietcombank) and Vietnam Airlines signed a credit agreement worth $160 million on December 18 to help the national flag carrier prepay for 8 Boeing BB787-9 aircraft and 10 A350-XWB aircraft.
vietcombank to provide financial services to power project

Vietcombank to provide financial services to power project

The State Bank of Viet Nam's governor has permitted Vietcombank (VCB) to provide financial services to a World Bank-sponsored power project.
vcbs cooking oil giant vocarimex to thrive after attracting strategic investor kdc

VCBS: Cooking oil giant Vocarimex to thrive after attracting strategic investor KDC

Cooking oil giant Vocarimex is likely to enjoy faster expansion once leading confectioner Kinh Do Corporation (KDC) joins it as a strategic investor, reported Vietcombank Securities Limited Company (VCBS).
cpi to rise due to health care charges

CPI to rise due to health-care charges

The country's consumer price index (CPI) in June is set to increase between 0.5 and 0.6 per cent against the previous month, according to the Vietcombank Securities Co (VCBS).
vietcombank begins consulting project to comply with fatca

Vietcombank begins consulting project to comply with FATCA

Vietcombank chose to become the first local bank in Vietnam to be compliant with FATCA, which are a set of new US tax laws becoming effective July 1, 2014.
bank loans 152m for power cables

Bank loans $152m for power cables

Vietcombank and the National Power Transmission Corporation (NPT) signed a contract worth VND3.2 trillion (US$152.3 million) yesterday to finance a 500kV power line linking two northern provinces, Lai Chau and Son La.