Banks work to get property moving

Banks work to get property moving

Banks are scaling up efforts to inject capital into property area to boost lending and warm up a sleepy property market.
Stubborn lending rates

Stubborn lending rates

Enterprises still want lower lending rates, but banks have little room to manoeuvre because of the need to control inflation.
State banker describes changing market

State banker describes changing market

Deputy director Nguyen Hoang Minh at State Bank of Vietnam’s Ho Chi Minh City branch office brings some light to the city’s capital supply and banks’ performance in later months of the year.
ADB launches country partnership strategy for Vietnam

ADB launches country partnership strategy for Vietnam

The Asian Development Bank (ADB) has just confirmed that it will support Vietnam to meet its target to reach upper middle-income status via three pillars: comprehensive growth; improving economic effectiveness and environmental sustainability.
Banks’ sticky hands reach for greenbacks

Banks’ sticky hands reach for greenbacks

Banks are becoming net purchasers of foreign currencies, creating a good base for the forex market despite exporters’ increased demand for foreign currencies at the year-end.
Economic growth turns positive

Economic growth turns positive

The socio-economic performance has recorded positive movements, signalled by bright signs like declining lending interest rate, stable exchange rate, higher foreign currency reserve and lower inventory level.
Manufacturing PMI signals worsening operating conditions

Manufacturing PMI signals worsening operating conditions

The HSBC Vietnam Manufacturing PMI signaled a further worsening of manufacturing sector-operating conditions during September.
FX to avoid getting hot under the collar

FX to avoid getting hot under the collar

Unlike previous years, the foreign exchange market has been relatively stable in the year to date and is forecast not suffer a dollar fever by the year’s end. However, National Financial and Monetary Policy Council member Tran Du Lich said the exchange rate policy must be held flexible to promote exports.
Personal loans unlock credit freeze

Personal loans unlock credit freeze

This means that the market demand for accommodation is still good.- Duong Duc Hung, ANZ head of retail banking
Tax breaks needed for struggling firms

Tax breaks needed for struggling firms

More value added and corporate income tax support is needed to help under fire companies.
Property investors still have butterflies in the stomach

Property investors still have butterflies in the stomach

The jury is out on whether stepping into property investment is a wise decision.
Scratching of heads at rate question

Scratching of heads at rate question

Industry insiders are weighing up what is the best-case scenario for the bank mobilising this year.
US economy creates 163,000 jobs, shielding Obama

US economy creates 163,000 jobs, shielding Obama

The US economy created a solid 163,000 jobs in July, official data showed Friday, helping President Barack Obama dull Republican attacks despite a slight uptick in the jobless rate.
Credit growth target looks distant

Credit growth target looks distant

The government’s credit growth target for this year’s remaining months may be out of reach.
Exchanging greenback views

Exchanging greenback views 1

The crystal balls are out to look at the dong-US dollar exchange rate situation in 2012’s second half.
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