The chair of Quang Nam Province People’s Committee, Le Phuoc Thanh has in principle approved Song Xanh Hoi An Joint Stock Co to become the main investor of Faifo Hotel, a five-star hotel. It will be a 22-storey hotel to be built in an area of over 5,600 square metres in Ha My coast, Dien [...]
Bui Minh Chinh, general director of Petro Capital and Infrastructure Investment Joint Stock Co. (PTL) said that the company has speeded up the implementation process in Cu Hin-Cam Ranh ecological villas and golf course project. At present, some banks have pledged to fund 100 billion dong for the project. The company planned to start selling [...]
In the four trading sessions from Sept. 26-29, 2011, the State Bank of Vietnam (SBV), the country’s central bank injected five trillion dong on open market operations (OMO) with the interest rate of 14% for the repo term of 14 days, but it did not withdraw any capital, according to the data of global financial [...]
Total trading value on the interbank market in the week from Sept. 17 – 23 was estimated at approximately 116.949 trillion dong and US$2.641 billion, an average of 23.39 trillion dong and US$528 million/day, VietBiz24.com quoted the latest report from the State Bank of Vietnam (SBV) on Friday. Thus, compared with the week of Sept. [...]
The State Bank of Vietnam (SBV), the country’s central bank said in its report on Sept. 30 that in the past week, the country’s foreign exchange market continued its steady development as the balance of foreign currency in the banking system continued to maintain a positive level. According to SBV’s report, the trading value on [...]
The interbank interest rate for 2-week term on September 28 climbed to 15 percent per annum (p.a.) and it was 14.5 percent p.a, the State Bank of Vietnam (SBV) reported on Thursday. According to the local newswire Tuoi Tre (Youth), after 20 days of strictly implementing the State Bank of Vietnam (SBV)’s provisions on deposit [...]
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