Foreign debts under Government’s control: Deputy PM Business

Foreign debts under Government’s control: Deputy PM

The Government’s foreign debts have been declining sharply and under the Government’s control, Deputy Prime Minister Vuong Dinh Hue said while chairing a meeting with leaders of some ministries, sectors and the National Financial Supervisory Commission in Hanoi on August 9.
Malaysia files criminal charges against 17 Goldman Sachs figures World

Malaysia files criminal charges against 17 Goldman Sachs figures

Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of the Goldman Sachs Group of the US in a corruption investigation at the 1Malaysia Development Berhad (1MDB) fund, the country’s attorney general said on August 9.
Vietnam, Laos hold first defence policy exchange   Politics

Vietnam, Laos hold first defence policy exchange

Vietnamese Deputy Minister of National Defence Sen. Lieut. Gen Nguyen Chi Vinh and his Lao counterpart Lieut. Gen. Onsi Sensuk co-chaired the first Vietnam – Laos defence policy exchange in Vientiane, Laos, on July 25.
Central bank to keep monetary policy on hold through 2019 Business

Central bank to keep monetary policy on hold through 2019

The State Bank of Vietnam (SBV) will hold its benchmark refinancing and discount rates at 6.25 percent and 4.25 percent, respectively, in addition to maintaining its 14 percent credit growth target for the remainder of 2019, experts forecast.
Real estate firms issue bonds to raise capital Business

Real estate firms issue bonds to raise capital

As the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital, and many of them have decided to issue shares to fund their business.
Deputy PM reviews SOEs equitisation, restructuring Politics

Deputy PM reviews SOEs equitisation, restructuring

Deputy Prime Minister Vuong Dinh Hue chaired a meeting of the Steering Committee for Business Renovation and Development in Hanoi on July 8 to review equitisation, divestment and restructuring of State-owned enterprises (SOEs) and corporate development in the first half and tasks for the remaining months of this year.
Indonesia: great momentum for economy ASEAN

Indonesia: great momentum for economy

More than 40 companies have lined up to raise about 30 trillion Rp (2.2 billion USD) in fresh capital through initial public offerings (IPO) and bond and rights issuances through the Indonesia Stock Exchange (IDX) within the next few months, according to the Financial Services Authority (OJK).