jetstar pacific flies higher with additional 139 million

Jetstar Pacific flies higher with additional $139 million

Jetstar Pacific will be pumped with an additional $139 million from its founding partners to further develop its fleet and secure a bigger market share for affordable flights, despite its current accumulated losses of $151.9 million.
timely financial aids on way to affected fish farmers

Timely financial aids on way to affected fish farmers

The State Bank of Vietnam has formally requested local credit institutions to provide financial support to fish farmers and aquaculture businesses in the central provinces affected by the mass fish deaths.
new zealands 50000 humanitarian aid to ben tre

New Zealand’s $50,000 humanitarian aid to Ben Tre

An humanitarian aid of $50,000 has been granted by the New Zealand Embassy in Vietnam to communities in the Mekong Delta province of Ben Tre, where severely affected by drought and saltwater intrusion.
burgeoning offshore deposits no cause for alarm

Burgeoning offshore deposits no cause for alarm

The other investment account in Vietnam’s balance of payment (BOP) that was bolstered up to a whooping $7.3 billion in the third quarter last year was not something unusual or alarming. Eugenia Victorino, ANZ Banking Group’s economist for the ASEAN and Pacific region, explains the phenomenon to VIR’s Trang Nguyen.
eximbank undergoes surprise personnel reshuffle

Eximbank undergoes surprise personnel reshuffle

Eximbank has undergone another senior personnel reshuffle following its stock being placed under injunction on the southern stock exchange.
agriculture is a soft spot for vietnam

Agriculture is a soft spot for Vietnam

Vietnam’s first quarter growth at 5.5 per cent was a result of the reduction in agricultural output and the sector could be in for a tough year, on the back of extreme El Niño effects, according to ANZ Research.
swing for the kids 2016 the 10th year journey for a good cause

Swing for the Kids 2016: The 10th year journey for a good cause

The annual golf tournament, Swing for the Kids 2016, will tee off on April 23, marking the 10th straight year journey in a row of a creditable charity event to support underprivileged students, in many rural and remote areas of Vietnam.
perfect or nothing unseemly demands slow progress

Perfect or nothing unseemly demands slow progress

Vietnam may have such high ambitions with each of its IT projects that it may well delay the country’s realisation of its desired goals.
anz usd to settle at vnd23000 at year end

ANZ: USD to settle at VND23,000 at year-end

ANZ Research is seeing fewer risks in the USD/VND exchange rate towards the end of 2016 and the green back is likely settling at VND23,000 a dollar in the last month of the year.
anz supports to open three more schools in vietnam

ANZ supports to open three more schools in Vietnam

Three schools in the Mekong Delta province of Hau Giang built as part of Project 3E, carried out by ANZ and Saigon Children’s Charity, have given local children opportunities to secure their future through quality education, in a sustainable way. 
consider debt cut through debt to equity swaps

Consider debt cut through debt-to-equity swaps

Bad debts in Vietnam have continued to add up without any effective solution to cope with them. VinaCapital chief economist Alan Pham talks with VIR’s Trang Nguyen about why he thinks it is a good idea to adopt debt-to-equity swaps to reduce the number of non-performing loans piling up at the Vietnam Asset Management Company.
vietinbank inked 200 million syndicated loan agreement

Vietinbank inked $200 million syndicated loan agreement

Vietnam's second-biggest lender in terms of assets, Vietinbank, signed a $200 million syndicated loan agreement with 18 foreign banks in Taipei yesterday. The deal was arranged by BNP Paribas SA and Taipei Fubon Commercial Bank Co Ltd.
citi taps into the emerging sme market in vietnam

Citi taps into the emerging SME market in Vietnam

Raymond Lim, director and country head of Citi Commercial Banking in Vietnam, speaks to VIR’s Trang Nguyen about the outlook of the lending market for small- to medium-sized enterprises in the country and how these companies can successfully secure a loan to catch the wave of opportunities in the context of Vietnam’s global economic integration.
anz named best trade finance bank in vietnam

ANZ named Best Trade Finance Bank in Vietnam

ANZ has been named as “Best Trade Finance Bank in Vietnam” in the World’s Best Trade Finance Providers Awards 2016 by Global Finance magazine.
daiwa securities to increase stake in ssi

Daiwa Securities to increase stake in SSI

Japan-based Daiwa Securities Group will be investing approximately 20 billion yen ($177 million) in Vietnam’s Saigon Securities Inc. (SSI), in a bid to expand its operations in the Southeast Asian region, according to Nikkei Asian Review.