Malaysia determine to fight money laundering World

Malaysia determine to fight money laundering

The Malaysian government will work with authorities in Switzerland, the US, Singapore and other jurisdictions to recover funds that were embezzled from the state treasury, said Malaysian Prime Minister Mahathir Mohamad.
Vietcombank earns record high pre-tax profit Business

Vietcombank earns record high pre-tax profit

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) continued its impressive performance in the first quarter of this year, posting pre-tax profit record high of more than 4.3 trillion VND (189.4 million USD).
HCM City tops State budget revenue target Business

HCM City tops State budget revenue target

Total State budget revenue in HCM City reached 347.98 trillion VND (15.32 billion USD) in 2017, slightly more than the year’s target, and up 13.5 percent compared to 2016, according to the city’s State Treasury.
Equitisation funds to be used correctly Business

Equitisation funds to be used correctly

Proceeds from the sale of State capital at Saigon Beer-Alcohol-Beverage Corporation (Sabeco) and other State-owned enterprises will be used for the right purposes as approved by the National Assembly.
Analysts suggest halting new G-bonds Business

Analysts suggest halting new G-bonds

The Government should limit or temporarily stop issuing new Government bonds during the remaining months of the year while waiting for the improvement of public investment disbursement.
Government bond auctions run into problems Business

Government bond auctions run into problems

After tasting success in the first seven months, the issue of Government bonds have been facing difficulty from early August with the bidders’ expectation of rising interest rate and decreasing bank liquidity.