Vietnam's Maritime Bank to merge with smaller Mekong Development Bank
Vietnam's Maritime Bank on Monday said it plans to merge with Mekong Development Bank (MDB) to boost the pair's financial strength and increase competitiveness.
Vietnam farmers, SMEs threatened by upcoming free trade deals: trade expert
Vulnerable groups unlikely to withstand onslaught by foreign competition once protective tariffs are gone.
Vietnam mega refinery lowers estimated cost
Thai-invested plant in the central province of Binh Dinh cuts investment from US$28.7 billion to $21.5 billion.
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High rents and poor sales, a double-whammy for Vietnam retailers
Retailers in Ho Chi Minh City are closing down or hoping they can since they cannot afford the relentlessly rising rents amid poor sales
HAGL adds Laos crops as Singapore listing looms
HAGL JSC, a real estate developer that’s transformed itself into Vietnam’s biggest listed farmer by acreage, is expanding overseas plantations and adding corn as it plans to list the agricultural unit in Singapore next year.
Credit quality more important than growth: economists
The government has ordered the central bank to cut interest rates to increase sluggish credit rates and reduce business closures, but economists say the country should not seek to increase credit growth at any cost since credit quality is more inportant than just numbers.
Vietnam loses on ODA because of high project prices, says former official
Vietnam should hire foreign consultants to assess bids for ODA-funded projects because there is a lack of local capacity and the country is losing by accepting ODA even when firms in donor countries quote very high prices, a former senior official says
Malaysia Airlines opens cargo service to Vietnam capital
MASkargo, the air cargo unit of Malaysia Airlines, has launched its route to Hanoi, two years after its debut flight to Ho Chi Minh City, to continue tapping the growing economy in Vietnam.
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