» At The End

  Bad debts at Vietnam’s banks have risen to 3.21 percent of outstanding loans at the end of August, from 3.04 percent a month earlier, a central bank report on Tuesday said. “Bad debt has been rising gradually every month so far this year,” the report said. Loans at the banks totaled VND2,389...

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  Asia Commercial Bank’s assets will probably more than triple by 2015, making it the first non- government lender to overtake one of Vietnam’s four biggest lenders, Chief Executive Ly Xuan Hai said. Assets of Asia Commercial Bank, the nation’s fifth-biggest bank, are expected to climb to VND900...

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The performance of the local retail market is generally stable The retail property market, unlike other asset classes, has managed to buck the downward trend, according to global property consultant Knight Frank. The performance of the retail market in Hanoi is generally stable thanks to a strong demand, the firm said on...

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Thousands of households in HCM City outlying districts, including District 7, Binh Thanh, Thu Duc, Go Vap and Nha Be, are facing a severe shortage of clean water . . . Residents of Huynh Tan Phat Street in HCM City’s District 7 are forced to buy drinking water from traders at high prices due to a severe drought in the south. Households...

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VnnNews would like to introduce a summary of economic cooperation between the US and Vietnam.   US and Vietnamese officials attend a workshop on Vietnam’s WTO admissionThe country issued the law on foreign investment in Vietnam in 1987, which reaffirmed the market opening policy that provided a higher legal framework to help the...

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