Million Loan

EVN to borrow over 3 billion USD for power projects

The Electricity of Vietnam (EVN) will borrow more than 2 billion USD from ODA sources and 1 billion USD in commercial loans for its major power projects in 2012.

French fully back VN climate action

Viet Nam's Finance Ministry and the French Development Agency (AFD) signed a second loan agreement worth 20 million euro (US$27 million) yesterday to support the implementation of the National Target Programme on Climate Change.

Vung Ang Power Plant receives a $95 million loan

The National Oil and Gas Group (PVN) has received a loan worth US$95 million to build the Vung Ang Thermal Power Plant No 1 in Ha Tinh Province under a credit contract signed with two Japan-based banks yesterday.

WB finances 620 mln USD for VN development

The World Bank (WB) will provide Vietnam with 620.4 million USD for five projects on healthcare services, transport, environment, poverty reduction, and energy in the country.

Billions swindled, 2 dead, loan shark runs loose

54 people in Dak Lak Province lost VND30 billion ($1.43 million) to a loan broker, and two of them killed themselves but the suspect is being let off the hook.

Breakfast @ Tuoitrenews – March 31

Tuoitrenews briefs you on some of the main stories published today, March 31, on Vietnamese media

ADB loans $210m for rural development

The Government of Viet Nam signed loan agreements worth US$210 million with the Asian Development Bank (ADB) yesterday to support rural area development.

ADB offers loans for health, irrigation projects

It will provide loans worth US$160 million and a grant of $11 million to improve health services and infrastructure

ADB offers loans for health, irrigation projects

The Asian Development Bank (ADB) will provide loans worth 160 million USD and a grant of 11 million USD to expand Vietnam’s access to quality health services and improve irrigation infrastructure.

From Business

Firms advised to focus on TPP

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

Blue chips lead share plunge

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