german nuclear companies halt environmental payments

German nuclear companies halt environmental payments

Four energy companies that run German nuclear plants said Saturday they have stopped payments to an environment fund after the government went back on its decision to keep the plants open for longer.
bank event promotes technology

Bank event promotes technology

The 14th Banking Vietnam Conference and Exhibition to be held here on May 25 and 26 will discuss measures to maximise information technology, diversify banking products and develop non-cash payment outlets.
ssi comes good on bonds

SSI comes good on bonds

Saigon Securities Inc. (SSI) yesterday completed the repayment of its 2010’s convertible bonds.
vietnams payment card market most dynamic

Vietnam’s payment card market most dynamic

The Research and Markets website forecasts that the payment card market in Vietnam will grow at about 18.5 per cent during the 2011- 2014 period.
vietinbank offers e payment service

Vietinbank offers e-payment service

Vietnam Bank for Industry and Trade (Vietinbank) launched its State budget e-payment service for business customers on March 15.
businesses shun ban on payment in dollar

Businesses shun ban on payment in dollar

Payments in dollar were still carried out publicly in spite of the government’s ban, triggering worries about the dollarisation – a factor causes instability of the economy, economists warned.
techcombank wins bank of new yorks award

Techcombank wins Bank of New York’s award

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has received the excellent Straight Through Processing (STP) rate award in international payment activities from the Bank of New York.
state bank endeavours to constrain inflation

State bank endeavours to constrain inflation

The State Bank of Vietnam (SBV) will make moves to reduce the dollarisation of the national economy to use the VND as the only means of payment in the country, said a SBV senior official.
us unveils housing market overhaul

US unveils housing market overhaul

The Obama administration on Friday launched what could be the biggest shake-up of the US housing market in a generation, proposing that state-backed lenders are wound up and setting minimum downpayments for buyers.
prudential vietnam allies with vietcombank

Prudential Vietnam allies with Vietcombank

Life insurance giant Prudential Vietnam has officially teamed up with local banking behemoth Vietcombank to launch an online insurance premium payment service.
samsung ordered to pay 532 million to creditors

Samsung ordered to pay $532 million to creditors

A South Korean appeal court ordered Samsung group companies Tuesday to pay creditors of its failed automaking unit $532 million as a penalty for a delayed debt repayment and in accumulated interest.
bridge to promenada solution is called for

Bridge to Promenada solution is called for

A dispute between developers of the $100 million Promenada shopping mall in southern Binh Duong province needs the local authorities’ urgent support to bring it back to life.
lack of electronic payment options hamper growth of online commerce

Lack of electronic payment options hamper growth of online commerce

Credit cards and other electronic payment systems essential to online shopping remained underutilised in Vietnam, said Vietnam Vat Gia Joint Stock Co director Nguyen Ngoc Diep.

Hanoi builders ordered to stop quoting in dollars

The State Bank of Vietnam here has ordered Ba Dinh Joint Stock company, a company of construction consultants, to stop insisting that payments for its apartments be made in US dollars.
vinashin to restructure before it can repay corporate bonds

Vinashin to restructure before it can repay corporate bonds

The chairman of troubled shipbuilding group Vinashin, Nguyen Ngoc Su, spoke to Tin Tuc (News) newspaper about rumours that Credit Suisse had refused to extend repayment of its first $600 million of a total $4.2 billion debt.