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Category Archives: Chưa được phân loại

Secondary debt trading market not open yet for foreign investors

The government has allowed the Vietnam Asset Management Company (VAMC) to buy bad debts with market prices in the primary market. However, the doors remain closed to the cash flow to the secondary market.   Circular No 14 dated August 28, 2015 is believed to give more power to VAMC to buy bad debts from banks and settle them with the company’s charter capital, raised from VND500 billion to VND2 trillion. It also allows VAMC to buy debts at the market Chi tiết...

Vietcombank restores ATM services for foreigners

After a period of interruption, the Bank for Foreign Trade of Vietnam (Vietcombank) on November 19 resumed money transfers via automated teller machines (ATM) to non-residents and foreign residents in Vietnam. Non-residents are foreigners who live in Vietnam for less than one year while foreign residents are those who live in this country for more than one year. Vietcombank put on hold the money transfer service via ATMs and accounts or cards of non-residents and foreign residents in Vietnam in August Chi tiết...

Two largest airports bear losses of smaller ones

  Noi Bai and Tan Son Nhat, the two largest airports of Viet Nam, are the only two of 22 in the country estimated to make a profit this year. Speaking at a conference held in Ha Noi recently to introduce to investors its operations and plans before launching the IPOs in December, General Director of Airports Corporation of Viet Nam Le Manh Hung said of the total 22 airports managed by the ACV, only the operation at the Noi Bai Chi tiết...

Vietnam has opportunity to become an “FDI star”

VietNamNet Bridge – More than 700 delegates attending the Global Investment Forum on Wednesday in Hanoi saw a very positive economic - investment picture of Vietnam in the current period   Prime Minister Nguyen Tan Dung delayed the monthly cabinet meeting from the morning to the afternoon to attend the forum. While the government leaders confirmed that the condition of the economy is very favorable with the economic growth reaching the yearly target (at least 6.53% this year and 6.7% for 2016), Chi tiết...