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Vietnam's public debt ceiling set at 65% of GDP for 2016-2018

Vietnam is targeting keeping public debt, comprising central government debt, government-backed loans, and local government debt, below 65 percent of GDP between 2016 and 2018.

 

Dong A Bank ex-deputy general prosecuted

The Investigationg Police Bureau on Economic and Corruption-related Crimes under Ministry of Public Security has decided to detain and initiate criminal proceedings against Nguyen Thi Kim Xu [ … ]

   

Đông Á Plastic to raise capital to $22.2m

HÀ NỘI — Đông Á Plastic Joint Stock Company in 2017 will increase its chartered capital to VNĐ500 billion (US$22.2 million) from the current VNĐ419 billion.

   

State raises $281.78 million in latest bond auction

HÀ NỘI — The State Treasury raised VNĐ6.34 trillion (US$281.78 million) by auctioning Government bonds (G-bonds) at the Hà Nội Stock Exchange (HNX) on Thursday.

   

Viglacera to auction 120 million shares next month

HÀ NỘI — Việt Nam’s largest producer of construction ceramics and tiles Viglacera Corporation will auction 120 million shares on May 25.

   

HDBank to raise chartered capital to US$389 million

hdbank to raise chartered capital to us$389 million hinh 0

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) will increase chartered capital to almost VND8.83 trillion (US$389 million) by issuing 56.7 million shares.

   

Eximbank to divest capital from Sacombank

eximbank to divest capital from sacombank hinh 0

The Vietnam Export Import Commercial Joint Stock Bank (Eximbank) will sell its 165 million shares at the Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) in a proper time.

   

Shinhan Bank Vietnam to acquire ANZ Vietnam's Retail Division

Shinhan Bank Vietnam to acquire ANZ Vietnam's Retail Division

Transaction now subject to SBV approval.

   

Clearer guidance needed for support industry tax incentive policy

Clearer guidance needed for support industry tax incentive policy

The government has released a series of incentives and policies in recent years to boost Vietnam’s support industry (SI), but improvements are yet to be fully seen. One of the main reasons i [ … ]

   

Saigon Commercial Bank to sell 50% or more to foreign partners

The Saigon Commercial Joint Stock Bank (SCB) is negotiating with foreign partners to sell a stake in excess of 50 per cent.

   

Bankrupt creditors may be aided to refund customers

To-be-bankrupt financial and credit institutions may have to refund their individual customers using support loans from the State Bank of Viet Nam (SBV) and other financial firms.

   

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