Rice market awaits news on Filipino buyers; Property trading to be put under tighter control; HSBC Vietnam unveils profit for the first time; HCM City says to choke off slow-moving projects

The State Bank of Vietnam has unexpected allocated the credit growth rate quotas to commercial banks. The disbursement for the national economy must not be higher than 12 percent in 2013.

Government bonds have been selling well since the beginning of the year. This remains a favorite investment channel for big institutions and foreign investors in 2013.

In 2012, the maximum credit growth rate was decided by the State Bank which granted “quota” to every commercial bank. Will the quota scheme be applied in 2013?

Unable to access bank loans, businesses have to play tricks to seek loans from other different sources.

 New tactic employed for tackling unsold apartments; Textile industry to earn 20 billion USD early; Vietnam to develop credit information database; Ministry activates fuel price stabilisation fund

SBV says will resort to compulsory reserve ratio; Positive signals for farm produce exports; Cai Mep-Thi Vai international ports inaugurated; January's industrial production index falls; Japan leads Vietnam’s January FDI investors

Finance approved to build power plants; Quang Ngai chases investment; Vietnamese property developer targets Myanmar; Tourism industry fears surge in visa prices; Viet Nam expects over 7 million visitors in 2013

The government has vowed to obtain a higher GDP growth rate in 2013 and lower inflation rate than in 2012. However, economists keep doubtful about the feasibility of the plan.

Seafood exports to surf past $6 billion this year; Viet Nam among five biggest investors to Cambodia; Banks face threats despite improved balance sheets; Giants crush mom'n'pop retailers; Income tax exemptions to rise

When the ceiling deposit rate fell to 8 percent, the interest rate on the open market also reduced to 7 percent/year. Immediately, transactions on the open market operations (OMO) strongly increase. vious 6 weeks.

The decision by the State Bank of Vietnam to slash the ceiling deposit interest rate by one more percent is believed to make no upheaval to the monetary market. The local currency would still be attractive in the eyes of Vietnamese.

Natural resources need careful management; Construction starts on national highway; Vietnam has first company to join ACGA; Fire sale on securities firm; Minister calls for halt to Hanoi’s inactive realty projects

VietNamNet Bridge – The banking sector, which is always considered the most lucrative business field, has experienced a very bad year 2012.

Companies announce Tet bonus plans, despite financial straits; Finance Ministry urges fee collection for road use; Chinese steel threats local manufacturers; Land use fee calculation to be reviewed; EVN seeks funds for urgent projects

Commercial banks have been easing the lending interest rate, which has made the picture of the national economy brighter. However, the biggest problem still exists: it’s very difficult for businesses to access bank loans.

Many employers lack funds for Tet bonuses; Auto, motorbike sellers; FDI disbursement to reach $10.5b; Booming e-commerce needs legal controls; Banks forced to revise targets; Low-rate plan to clear house stocks

The State Bank of Vietnam has been taking drastic measures to implement its plan to stop the capital mobilization and lending in foreign currencies.

While other investment channels have been shrinking in the economic downturn, government bonds have been yielding big fruits. What’s behind this?

Open bidding for Metro line 2 in first quarter 2013; Government to apply new minimum wage rates; Leading firms pessimistic about new year prospects; Car import stays low at festive time