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  • Manulife plans to boost insurance sales to poor in Vietnam 

    20/05/2011 05:00

    Manulife Financial Corp. plans to increase sales of insurance policies to lower-income earners in Vietnam by expanding into more regions of the Asian country. Canada’s largest insurer introduced so-called microinsurance —...

  • SBV’s attempt to tighten financial leasing operation faces opposition

    19/05/2011 05:00

    VietNamNet Bridge – The draft decree on the operation of financial leasing companies has been facing strong opposition from financial leasing companies which believe that the draft decree has “unreasonable provisions”. On May 4, the State Bank of...

  • Banks refuse to lend, businessmen becoming unemployed

    19/05/2011 05:00

    The loan interest rates are still sky high, while banks are restricting lending. The current difficulties have forced many small businessmen to become unwillingly unemployed. The businessmen – redundant Truong, the owner of a company which...

  • Traders stay optimistic in spite of challenges

    Traders stay optimistic in spite of challenges

    19/05/2011 05:00

    Vietnamese traders continue to be positive about future prospects, expecting trading volume to increase over the next six months, according to the latest HSBC Trade Confidence Index report released on Tuesday. The majority of respondents surveyed in the report said...

  • Consumers buy second-hand goods, merchants transfer kiosks

    Consumers buy second-hand goods, merchants transfer kiosks

    19/05/2011 05:00

    In order to curb expenses, many consumers now use second-hand goods. Meanwhile, due to the slack trade, many small merchants have decided to transfer their kiosks at markets. Second hand goods on the rise 15,000 dong, 20,000 dong, or 10,000 dong...

  • Vietcombank revives stalled share sale; Credit Suisse to advise 

    19/05/2011 05:00

    Joint-Stock Bank for Foreign Trade of Vietnam, the country’s third-biggest bank by assets, said it is reviving plans to sell as much as a 20 percent stake to overseas investors. Credit Suisse Group AG (CSGN) will advise on...

  • Vietnam small-cap bourse hits all-time low as confidence dwindles 

    19/05/2011 05:00

    Vietnam’s small-cap bourse, the Hanoi Stock Exchange, slid to an all-time low on Friday as liquidity and confidence dwindle, marking another milestone in the country’s fall from favor for foreign and domestic investors alike....

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