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Update May, 30 2012 15:39:02
Experts mull over banks' bad debt problems
May, 28 2012 10:06:32
Senior economists have outlined several ways to pump more money into the economy by settling banks' bad debt. Although the banking sector has had negative credit growth in the first four months of the year, commercial banks are still reluctant to lend because of fear of more bad debt.
BIDV officials receive prison sentences
May, 30 2012 15:34:47
BIDV officials receive prison sentences
Former Deputy General Director of Vietnam Investment and Development Bank (BIDV) Doan Tien Dung and its former Deputy Director in Hai Phong City Tran Thi Thanh Binh were sentenced to fifteen and six years' imprisonment for exploiting their position to profit from billions of dong.
Vinacomin to issue bonds
May, 30 2012 09:55:00
Vinacomin to issue bonds
The country's largest mining firm, Viet Nam National Coal and Mineral Industries Group (Vinacomin), plans to issue 3,000 domestic bonds this year at VND1 billion (US$48,000) each.
Vice President attends opening of Vietinbank's Berlin branch
May, 29 2012 09:50:00
Vice President attends opening of Vietinbank's Berlin branch
Vice President Nguyen Thi Doan yesterday attended the opening ceremony of the second branch of the Joint Stock Commercial Bank for Industry and Trade of Viet Nam (Vietinbank) in Berlin.
Vietcombank offers preferential rates to overcome difficulties
May, 28 2012 09:50:06
Vietcombank offers preferential rates to overcome difficulties
Vietcombank has been providing VND2 trillion (US$95.2 million) in loans with a preferential interest rate to individuals and households from May 21 to September 21 to overcome difficulties in the context of the economic downturn.
SBV slashes ceiling interest rates by 1%
May, 26 2012 08:31:44
SBV slashes ceiling interest rates by 1%
The ceiling interest rate for deposits in dong with terms of one month up will be cut from 12 to 11 per cent per year from next Monday, under a State Bank of Viet Nam's decision issued yesterday.
BIDV to launch e-banking services
May, 26 2012 08:14:49
BIDV to launch e-banking services
The Bank for Investment and Development of Viet Nam (BIDV) will reveal its debut e-banking service this June with many outstanding features and the application of modern technology, to bring utilities to customers.
IT crucial to developing nation's banking sector
May, 24 2012 11:30:00
IT crucial to developing nation's banking sector
A two-day Banking Vietnam 2012 Conference and Expo kicked off yesterday, aiming to provide insights on current and future developments of banking technology and present latest high-tech solutions and applications for the industry.
Enterprises ask for further Government support
May, 23 2012 16:33:37
Enterprises ask for further Government support
Financial and banking policies and production problems were debated at a meeting held by Ha Noi's Industry and Commerce Department yesterday. 
Deposit interest rates may fall to 9% by year's end
May, 22 2012 10:01:29
Deposit interest rates may fall to 9% by year's end
Deposit interest rates offered by commercial banks are likely to come down to between 9 and 10 per cent per annum by the year end, says Nguyen Van Binh, governor of the State Bank of Viet Nam.
Rule to limit foreign currency loans
May, 22 2012 09:55:42
Rule to limit foreign currency loans
Individuals, along with co-operatives and other economic institutions which are not enterprises, would no longer be allowed to borrow from foreign sources under the provisions of a draft regulation newly released by the State Bank of Viet Nam.
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