» Long Term

  The long slump has caused a shakeout in the Vietnamese property market. Developers with deep pockets have been coping, others have not been so lucky. It is an inevitable rule in any market, Guy Major, national director of residential sales at Savills Vietnam, tells Thanh Nien Weekly...

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Foreign debt accounted for 42.2 percent of Vietnam’s GDP in 2010, up from 39 percent in 2009. Vietnam should focus on decreasing the current account deficit and approaching foreign exchange rate fluctuation with caution, economist Tran Du Lich told Thanh Nien Weekly in an interview. Thanh Nien Weekly: Foreign debt accounted...

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Vietnam at times has struggled to keep up with its own expansion Despite Vietnam’s persistent economic woes, a record deal this month has shown foreign investors are still lured to the frontier market by its young, growing population and rising disposable incomes. The sealing of the country’s largest-ever private...

Tags: Long Term, The Country

VnnNews – While commercial banks need long term capital, they can only raise short term deposits. VnnNews – While commercial banks need long term capital, they can only raise short term deposits.   Deposit interest rate race kicks off Banks raising long-term US$ deposit interest rates < />Commercial banks clamour for end of...

Tags: Deposit Interest, Interest Rates, Long Term, Long Term Deposits, Month Term, Short Term, Short Term Deposits, Term Deposits

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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VnnNews – “The Prime Minister himself also thinks that we should extend the negotiation-based interest rate scheme to short term as well” The stock market woke suddenly to the news that negotiation-based interest rates would be applied to medium and long term loans, borrowers and lenders as well as businesses and banks have...

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Experts have been called on to set up a legal framework to call for capital for real estate projects, or Vietnam will never be able to meet the demand for accommodation. A real estate conference which gathered late last week heard that in 2008 loans provided to fund real estate projects were 132,545 billion dong, or 9.15 percent of the total...

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VnnNews – The rollover of 2009 loan subsidy programme funds could be limited due to safety restrictions. Government bonds are being pointed to as a safe way for banks to lock up their excess fundsNguyen Thi Kim Thanh, head of the State Bank’s Banking Development Institute, said around VND10 trillion ($560 million) in short-term...

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