Credit institutions recover nearly $8.8b of bad debts

Credit institutions in Việt Nam settled more than VNĐ204.4 trillion (US$8.77 billion) of non-performing loans (NPLs) by the end of the first quarter this year, said Nguyễn Thị Hồng, deputy governor of the State Bank of Việt Nam (SBV).

SSI re-gains top spot on HoSE

SSI Securities Incorporated (SSI) has re-claimed its crown on the Hồ Chí Minh Stock Exchange (HOSE) in terms of stock and fund certificate broking in the first three months of the year after losing it to Viet Capital Securities in the fourth quarter of last year.

Foreign investors set their sights on poorly-performing banks

Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyễn Trí Hiếu.

Oil stocks narrow market's decline

Vietnamese shares on Wednesday continued to lose ground and encounter fluctuations but the strong gain of oil stocks helped narrow market losses.

Firms to boost exports to Taiwan

Exporters should step up trade promotion to boost exports to Taiwan (China), which imports large volumes of farm produce and processed foods, according to Vietnamese trade officials.

Renewable energy exhibitions open in HCM City

Hundreds of policymakers, regulators, investors and financiers are attending the two-day Solar Show Việt Nam 2019, Power & Electricity Show Việt Nam, Energy Storage Show Việt Nam, and Wind Show Việt Nam, which opened on April 3 in HCM City.

Remittances to HCM City reach $1.2 billion in Q1

Remittances to HCM City were estimated to reach US$1.2 billion in the first quarter of this year, according to Nguyễn Hoàng Minh, Deputy Director of the State Bank of Việt Nam’s branch in the southern city.

Four Vietnamese on "Forbes 30 Under 30 Asia 2019" list

Forbes magazine on Monday announced its fourth annual “30 Under 30 Asia 2019” list, featuring 300 entrepreneurs and young leaders who are contributing to their industries and making an impact across the Asia-Pacific region.

Northern coastal provinces talk regional links

Northern coastal provinces and cities need to enhance regional links to boost the economy, Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI) Vũ Tiến Lộc said at a forum in Quảng Ninh Province yesterday.

 

Securities draft law remains confusing: report

The draft amended Law on Securities, expected to be approved by the upcoming National Assembly meeting in May, is still causing confusion among investors, market members and regulators.

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