market sees new clean bill of health

Market sees new clean bill of health

The bond and Treasury-bill markets are showing vital signs of life, after the market suffered heart attack spasms following the arrests of high-profile bankers.
firms have plate full of issues to chew on

Firms have plate full of issues to chew on

My opinion is that developers should admit the loss even up to 50 per cent of the products’ value in order to release stockpile as soon as possible.
property credit valve is shut off

Property credit valve is shut off

Unfortunately, Vietnam will be considered a risk to the majority of foreign banks and therefore they will have strict lending criteria, requiring the developer to demonstrate they have a strong track record and the financial muscle.”- Stephen Wyatt Country director of Knight Frank
banks set new peak for long term deposit rates

Banks set new peak for long-term deposit rates

Some banks have increased the deposit interest rates for savings of a term above 12 months to 13 per cent a year from the 12 per cent peak they offered last June.
problematic state groups to be audited

‘Problematic’ state groups to be audited

The State Audit of Vietnam (SAV) will focus on auditing state-run economic groups and commercial banks in 2013 to contribute to the restructuring and growth model-changing process, head of the institution Dinh Tien Dung said at the National Assembly Standing Committee meeting Wednesday.
techcombank wins a rating in competitive capacity

Techcombank wins A rating in competitive capacity

Techcombank has gained the top A rating in respect to competitive capacity among Vietnam’s commercial banks.
banks npls are stepping over state bank limits

Banks’ NPLs are stepping over State Bank limits

Many banks’ non-performing loan ratios have exceeded State Bank safety limits.
banks start lending again to property sector

Banks start lending again to property sector

Local banks have started to make lending available to property developers and homebuyers, on certain conditions, after a long time closing their credit valve.
banks look to balance books

Banks look to balance books

Boosting banks’ service efficiency is under the microscope.
city banks still boost lending

City banks still boost lending

Several banks in HCMC are still accelerating lending activity in various credit support programs, including via lending programs arranged by the HCMC government.
sbv continues cash injections via omo

SBV continues cash injections via OMO

The State Bank of Vietnam (SBV) continued on Tuesday pumping nearly VND2.4 trillion into the banking system via open market operations (OMO) after a VND3.5 trillion injection via a tender on Monday, according to local banks.
letting credit take root

Letting credit take root

Banks are mulling tapping agriculture and rural areas’ potential to bolster credit growth.
snakes and ladders credit game

Snakes and ladders credit game

Banks’ latest credit movements are being brought to account.
how did nguyen duc kien get rich with fake projects

How did Nguyen Duc Kien get rich with fake projects?

Issuing corporate bonds and false business plans for real money from banks were the main illegal trading tactics of arrested banking mogul Nguyen Duc Kien, said a central police agency under the Ministry of Public Security.
banks get nod to muscle up credit growth

Banks get nod to muscle up credit growth

The State Bank is approving more banks to raise credit growth, but the banking system’s lending is unlikely to exceed the targeted 8-10 per cent growth for 2012.