Sharp eyes needed to watch spending

Sharp eyes needed to watch spending

Heavy-weight state expenditure this year underlines the need for transparency and strategic further spending.
Making spending count

Making spending count

In the National Assembly’s second session slated to open on October 20, deputies will dig down into budget collection and expenditure in 2011. National Assembly Finance and Budget Committee deputy chairman Bui Dang Dung gives us a preview. 
Black mark for banks’ lending

Black mark for banks’ lending

Bad debts are hurting banks’ ambitions. State Bank statistics show that local banking sector’s bad debts made up 3.04 per cent in total outstanding loans by the end of July 2011 against 2.16 per cent in late 2010.
ANZ trumpets a 2012 bond market rebound

ANZ trumpets a 2012 bond market rebound

Vietnam’s bond market will bounce back strongly in 2012 thanks to an upcoming huge demand for reinvestment, according an ANZ report.
Transportation infrastructure in desperate need of capital

Transportation infrastructure in desperate need of capital

Vietnam is calling for investment in various projects to develop its transportation infrastructure in the next five years.
$480m be poured into Nghe An

$480m be poured into Nghe An

Ten investment agreements worth a total of VND9.6 trillion ($480 million) were signed at a meeting between leaders of the central province of Nghe An and investors last Saturday.
Bonds funds diverted from new projects

Bonds funds diverted from new projects

Public spending funded by proceeds from government bonds will be more strictly controlled this year to ensure its efficiency.
Companies stick with bond plans

Companies stick with bond plans

Vietnam’s state-run conglomerates remain determined to continue with their international corporate bond sales to help ease investment capital distress.
Plan is ready to raise market’s bond liquidity

Plan is ready to raise market’s bond liquidity

The Ministry of Finance is planning to buy back T-Bonds to create higher bond market liquidity.
Retail sales hit one-year high in October

Retail sales hit one-year high in October

Total retail sales revenue of commodities and services in October reached VND136.3 trillion ($7.17 billion), the highest monthly level this year, according to the General Statistics Office (GSO).
PetroVietnam exceeds business and production targets

PetroVietnam exceeds business and production targets

The Vietnam National Oil and Gas Group (PetroVietnam) has announced that it has achieved more than the business and production targets set for the first nine months of this year.
A boom in new stock share sales

A boom in new stock share sales

High lending rates may lead to a boom in new stock share sales this year.
Retail sales soar 25 per cent in first nine months

Retail sales soar 25 per cent in first nine months

HA NOI - Total retail sales revenue of commodities and services in the first nine months of the year increased 25.4 per cent year-on-year to more than VND1,146 trillion (US$58.7 billion), according to the General Statistics Office (GSO).
Frozen loans to be thawed

Frozen loans to be thawed

Last week’s eagerly awaited adjustment of banking safety ratios is expected to create more room for local banks to provide loans.
PV GAS to make biggest ever IPO

PV GAS to make biggest ever IPO

PetroVietnam Gas Corporation, one of the three leading affiliates of state-owned PetroVietnam Group, will make its initial public offering on the Ho Chi Minh Stock Exchange in 2010’s fourth quarter.
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