HANOI – The Vietnam Business Annual Report 2011 released by the Vietnam Chamber of Commerce and Industry (VCCI) on Wednesday shows that 52% of the surveyed enterprises replied they will maintain their business scale in 2012 given many unfavorable factors.
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Many local banks are still struggling to attract corporate borrowers because of high lending rates
HCMC – Local banks are lowering lending rates following the central bank’s move to cut the deposit rate cap to 13% a year, but many of them have found it hard to attract corporate borrowers these days.
HCMC – Danang City will host the International Paramotor Competition 2012 from May 23-27 with eight teams having registered, according the city’s Department of Culture, Sports and Tourism.
HANOI – The central bank announced on Tuesday its policy rates would be slashed by one percentage point within days as, the Government said, conditions are ripe for such a long-awaited move.
HCMC – Securities enterprises have advised investors to increase buying as the market may continue rallying this week after it rebounded on improved sentiment and global markets over the weekend.
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Many tra fish farmers who have to borrow from banks are facing capital shortage because of steep lending rates, the industry association has said
HCMC – A large number of local firms are targeting at the model of closed tra fish production chain but most of them have found banking loans out of reach due to steep lending rates, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
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Most bankers agree that lending rates will fall further this year, having eased by one percentage point compared to the month before Tet
HCMC – Most bankers have agreed that lending rates will fall further this year, having somehow eased by one percentage point compared to the month before Tet.
HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems
HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the