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.
Credit growth expanded 7.33 percent in H1 Business

Credit growth expanded 7.33 percent in H1

The banking sector reported a credit growth of 7.33 percent in the first half of this year compared to the end of 2018, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said.
Malaysia exerts efforts to improve financial situation World

Malaysia exerts efforts to improve financial situation

The Malaysian government announced on August 29 that it will set up two committees to help reduce the country's fiscal deficit to 2.8 per cent of the Gross Domestic Product, according to Malaysian Finance Minister Lim Guan Eng.
MobiFone suffers drop in profit and revenue Business

MobiFone suffers drop in profit and revenue

MobiFone, one of Vietnam’s three largest mobile network operators, has reported a year-on-year decline of 42 percent in post-tax profit in the second quarter of this year, falling to 947 billion VND (41 million USD).
Criminal proceedings started in Mobifone’s AVG purchase case Society

Criminal proceedings started in Mobifone’s AVG purchase case

The Ministry of Public Security’s Investigation Police Agency (C46) has launched criminal proceedings against law violations relating to the State-owned telecommunication giant Mobifone’s purchase of 95 percent of shares of Audio Visual Global JSC (AVG).
Banks hope to lure foreign investors Business

Banks hope to lure foreign investors

Despite the current increasing foreign investment inflows, merged and acquired banks will consider selling stakes to foreign investors after completing the restructuring to up the attractiveness of sales, bank officials said.
WB: Vietnam’s economy improves further Videos

WB: Vietnam’s economy improves further

Vietnam’s economy is forecast to continue improving, with gross domestic product (GDP) to expand by 6.8 percent this year, said the World Bank (WB) in its latest economic update for Vietnam.
WB: Vietnam’s economy improves further Business

WB: Vietnam’s economy improves further

Vietnam’s economy is forecast to continue improving, with gross domestic product (GDP) to expand by 6.8 percent this year, said the World Bank (WB) in its latest economic update for Vietnam.