21-09-2004 18:15
There has been a mixed reaction to the proposed changes in the way the General Statistics Office calculates inflation, which will mean detaching the rate of inflation from the consumer price index.
31-08-2004 18:34
Right beside the National Cinema Centre, the grilled beef (bo tung xeo) restaurant on Thai Ha street is a favourite destination for all food lovers in Hanoi, not only for its tasty morsels of prime beef and fresh beers, but also for its location and large open-plan eating area.
24-08-2004 18:15
The bankruptcy of a people’s credit fund (PCF) in Long An province has raised serious questions about the management and State control of these funds.
17-08-2004 18:15
Bank deposits are drying up with experts pointing a finger at the increase in compulsory reserve rates and a decision by large banks to cap deposit interest rates.
10-08-2004 18:15
Pham Thi Huyen, a security guard from Thang Long Security Company, panicked one morning last week when she discovered her wallet, with a few hundred thousand dong, her ATM
20-07-2004 18:15
A number of rural joint-stock commercial banks have announced a dramatic increase to their chartered capital before the end of the year in order to expand their business in the face of the ever-increasing competition.
13-07-2004 18:15
The State Bank is to introduce changes that will effect the capital adequacy ratio of commercial banks in an effort to bring national practices closer to international standards.
06-07-2004 18:15
Two joint-stock commercial banks announced they were ready to list on the stock exchange immediately after the State Bank issued listing regulations last week.
29-06-2004 18:15
Credit institutions operating in Vietnam will be given looser regulations on liquidity and capital management if a draft amendment on the credit activities security is approved by the State Bank.
14-06-2004 18:15
State-owned Agribank has opened the country’s first bank treasury centre to centralise the management of its capital and foreign currency services.
31-05-2004 18:15
Cash payments by Vietnam’s businesses and organisations may soon be limited in order to develop the non-cash payment system, the State Bank said.
24-05-2004 18:15
Foreign banks will be allowed to buy up to 30 per cent of shares in local joint stock commercial banks (JSCBs), according to new State Bank regulations.
17-05-2004 18:15
The government has decided to disburse the last tranche of its recapitalisation fund to the country’s three biggest banks, despite none of them cleaning up their books as agreed under banking reform. The finance ministry would this month distribute VND1.5 trillion ($96 million) among Vietcombank, Agribank and Vietincombank, an official said.
11-05-2004 18:15
Dong interest rates are unlikely to rise in the near future despite the high inflation in the first four months of this year, the State Bank and some of the nation’s top commercial banks have said.
03-05-2004 17:42
Foreign contractors conducting business in Vietnam or with income generated in Vietnam may pay higher taxes if a circular is approved by the government.