The State

Following recent announcements by the PM and the Party Secretariat suggesting further liberalization of the climate for private enterprise, the public is watching intently for follow-through.  The warehouse of a private coffee company.VietNamNet Bridge – Following recent announcements by the Prime Minister and the Party Secretariat...

Tags: Economic Sector, Not Implemented Well, Of The Private, Private Economic, Private Economic Sector, Private Firms, Private Sector, State Owned, The Party, The Party Secretariat, The Prime Minister, The Private, The Private Economic, The Private Economic Sector, The Private Sector, The State

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...

Tags: And Long Term, And Long Term Loans, Deposit Interest, Interest Rate, Interest Rates, Long Term, Long Term Loans, Medium And Long, Medium And Long Term, Negotiation Based, Short Term, Term Loans, The Interest, The Interest Rate, The State

Officials and business leaders spoke to Thoi bao Kinh te Viet Nam about an ambitious plan to retrain displaced or redundant farm workers. The new vocational training project targets more than 43 million labourers in rural areas and is important in helping them adapt to modern agricultural practices and new technologies. Vocational training...

Tags: Ethnic Minority, The Ministry, The State, Vocational Training

VnnNews - Governor of the State Bank Nguyen Giau shares his thoughts about what was done and will be done by the ‘powerful’ bank. Governor of the State Bank Nguyen Van GiauThoi bao Kinh te Vietnam: The short term interest rate subsidy package was the most important decision in 2009. Could you please tell us about how the decision...

Tags: Exchange Rate, Growth Rate, Interest Rate, The Exchange Rate, The State, The State Bank

VnnNews – Commercial banks have urged SBV to remove the instruction on halting licensing for new bank branches. Two years ago was the time when commercial banks rushed to set up new branches to expand their network. At that time, the network expansion was applauded by the central bank which said that this was a necessary move to prepare...

Tags: Bank Branches, Central Bank, More Branches, Open More Branches, State Bank, The Central, The Central Bank, The Network Expansion, The State, The State Bank, To Open More, To Open More Branches

MOF said that it can see many problems in the equitisation of state-owned enterprises (SOEs). Vietcombank was the first equitised bankAccording to the group, by early 2009, Vietnam had re-arranged 5,556 SOEs and general corporations, including equitisation of 3,854 enterprises, or 69.4 percent of the total re-arranged SOEs. Equitisation...

Tags: Equitisation Process, Of The Equitisation, The Equitisation, The Equitisation Process, The State

VnnNews – A series of illegal foreign exchange points have been punished as part of a cleanup of the black foreign currency market. The State Bank of Vietnam has been urged to take more drastic measures to settle the situation which is considered one of the reasons behind recent problematic currency issues. As a result, black market...

Tags: Currency Exchange Points, Dong Per Dollar, Exchange Points, Foreign Currency, Foreign Currency Exchange, Foreign Currency Exchange Points, Hcm City, In Hcm City, State Bank, The State, The State Bank

VnnNews – MOF is working on a policy to support rice farmers by allowing them to ensure a minimum profit of 30 percent. Statistics show that Mekong Delta provinces every year deliver between nine and ten million tonnes of merchandise rice. In general, farmers expect high profits from the winter-spring crops which provide high quality...

Tags: Sell Rice, The State

Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they...

Tags: Cent Stake, City Stock Exchange, Gold Trading, Hcm City, Hcm City Stock, Hcm City Stock Exchange, In The World, Joint Stock, Joint Stock Company, Last Year, Of The Year, Of Viet Nam, Per Cent, Per Cent Stake, State Bank, Stock Exchange, The Association, The Company, The Hcm City, the second, The State, The State Bank, The World, The Year, Viet Nam, Western Bank

VnnNews – Commercial banks says they are having to dodge the law by offering higher-than-allowed interest rates to depositors while charging borrowers more. They claim that if they didn’t then there’d be left with only limited funds to lend out to assist businesses.While the ceiling lending interest rate is 12 percent per...

Tags: Interest Rate, Interest Rates, Lending Interest, Percent Per Annum, State Bank, The State, The State Bank