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  • Banks provides service of keeping gold for clients

    Banks provides service of keeping gold for clients

    10/05/2011 05:00

    Many banks have stopped mobilizing capital and lending in gold, but they still keep gold for clients. Some other banks have become more hesitant in mobilizing capital and considering lowering the interest rates to zero percent....

  • Multi-millionaire sues gov’t over villas, loses

    Multi-millionaire sues gov’t over villas, loses

    10/05/2011 05:00

    VietNamNet Bridge - One of Vietnam’s richest people has lost a lawsuit against the Lam Dong Province Finance Department over a property dispute. Mr. Doan Nguyen Duc Lam Dong Province People’s Court yesterday rejected Hoang Anh Gia Lai Group’s lawsuit...

  • Vietnam building up legal framework for competitive PPP market

    10/05/2011 05:00

    Vietnam has every reason to believe that just in the next 3-4 years or less, Vietnam will have a real PPP market, first in the power sector, and then in the water and road sectors. PPP, or public-private partnership, involves a contract between a public sector...

  • Securities investors getting abandoned

    10/05/2011 05:00

    Not only small investors, but big investment funds have also expressed their disappointment about the Vietnam’s stock market performance, saying that they feel discouraged with the way state management agencies regulate the market. On the sideline of the...

  • Scaling down business to survive

    10/05/2011 05:00

    When the local real estate market boomed and then peaked in 2007, it saw the birth of a series of real estate trading floors. Across the country, real estate transaction centers sprang up like mushrooms after rain. The market witnessed not only transaction centers...

  • Vietnam plans to raise labor standards before FTA negotiations

    Vietnam plans to raise labor standards before FTA negotiations

    09/05/2011 05:00

    VietNamNet Bridge – In order to negotiate for free trade agreements (FTAs) with partners, Vietnam needs to the labor standards. Until now, Vietnam has signed FTAs with 15 countries within the framework of the six FTAs within ASEAN: China, Republic of...

  • Commercial banks warned on bad debts

    09/05/2011 05:00

    A source from the State Bank of Viet Nam says that outstanding loans of joint-stock commercial banks nationwide reached VND1,200 trillion (US$57.1 billion) by February, equivalent to 55 per cent of the banking sector’s total. Of the figure, outstanding loans...

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