Time to spend to bolster development

Time to spend to bolster development

Deputy head of the Ministry of Planning and Investment’s Central Institute for Economic Management Tran Kim Chung highlights the need to scale-up capital disbursement, particularly that of public investment, to spur economic development.
LG rings in spectacular results

LG rings in spectacular results

LG full-year 2012 financial statement just unveiled with all business units reporting improved operating incomes against 2011.
LG announces fourth-quarter and full-year 2012 financial results

LG announces fourth-quarter and full-year 2012 financial results

All business units report improved 2012 operating income from previous year.
Savills Vietnam tracks the market

Savills Vietnam tracks the market

Savills Vietnam has just launched its property price index, a tool designed to track quarterly price movement of different property markets.
Groundhog day with banks’ bad debts

Groundhog day with banks’ bad debts

Banks’ bad debts are again under the spotlight. For example, in late 2012’s third quarter, Sacombank’s bad debt rate hiked sharply from 0.57 per cent by the end of 2011 to 1.4 per cent.
Firms count cost of dire economy

Firms count cost of dire economy

More painful third quarter business results for listed companies weighed on investors’ sentiment, crimping the market last week in terms of price and liquidity.
NPL settlement shows little progress

NPL settlement shows little progress

Banks are working to address the problem of non-performing loans, while also awaiting measures from the government and State Bank to resolve the crisis.
LG’s solid profit in third quarter

LG’s solid profit in third quarter

South Korean giant LG Electronics last week reported a solid third-quarter performance with the third consecutive quarters of positive net income.
LG annouces third-quarter 2012 financial results

LG annouces third-quarter 2012 financial results

LG Electronics (LG) today reported a solid third-quarter performance with the third consecutive quarter of positive net income and all four companies recording strong operating profits.
Confidence is the name of the game

Confidence is the name of the game

Deputy head of Ho Chi Minh City National Assembly Delegation Tran Du Lich said over-emphasis should not be placed on gross domestic product (GDP) growth, as securing confidence from local people, businesses and investors was more important.
Prices are slashed to offload apartments

Prices are slashed to offload apartments

Property firms in Hanoi and Ho Chi Minh City are drastically slashing apartment prices to recover investment capital amid the housing glut.
Olympics 2012: Live Report (7 aug)

Olympics 2012: Live Report (7 aug)

"Russell Westbrook gets a technical foul for hanging on the rim after thunderous dunk that ignited a huge cheer," Jim Slater tells us.
EuroCham Business Climate Index falls to record low

EuroCham Business Climate Index falls to record low

Business confidence and outlook among European businesses in Vietnam has fallen to an all-time low, according to results of the eighth quarterly EuroCham Business Climate Index (BCI) survey released on Thursday.
Apartments in Hanoi thrown to the floor

Apartments in Hanoi thrown to the floor

Hanoi apartments took their strongest price drop in 2012’s second quarter during the last four years. According to CBRE Vietnam, apartment prices have fallen since 2011’s second quarter and plummeted in 2012’s second quarter.

Capital hoteliers are in a fix worse

Hanoi hoteliers are facing up to plummeting occupancy and rates.
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