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Tony Milton MRICS

BSc (Hons) Est Man


Banking Reform Bears Fruit
Monday, 29 November 1999
Last year Vietnam started the first phase of a 3 year banking reform programme devised by the IMF for 2001 to 2003. After just 1 year of implementation significant results have been achieved. The stat
Vietcombank to adopt international loan loss accounting standards - December 2004
Monday, 29 November 1999
Vietcombank will become the first bank in the country to use international standards when calculating its loan-loss provisions. Before the State Bank recently granted it permission to do so, Vietcomba
Interest rates cut again - January 2009
Monday, 29 November 1999
The State Bank of Vietnam has cut the prime interest rate to 8.5% from 10%, its fifth cut so far this year. The refinancing rate is reduced to 9.5% from 11%, the discount rate to 7.5% from 9%, and ove
Banks contribute little to HCMC's GDP - October 2004
Monday, 29 November 1999
The financial and banking sector, albeit seen as the heart of the economy, contributes a mere 2.2% to HCMC's gross domestic prod
State banks shackled by non-performing loans - January 2004
Monday, 29 November 1999
Only half of all non-performing loans, $750 million, have been set
Foreign banks dominate EPZs & IPs - December 2005
Monday, 29 November 1999
Although new flexible rules have been applied by local inks to free up loans for enterprises, foreign-invested banks are still the main choice for enterprises in most indus
Finance firms refocus - May 2007
Monday, 29 November 1999
The heat is on foreign and domestic companies to capture new financial services customers. The firms will focus on consumption credit services, lending, medium-and long-term capital mobilisation, card
A thoroughbred year - 2002
Monday, 29 November 1999
HSCB treasurer Rey Villamore, writes that despite quite a few hurdles throughout the year of the horse, the government managed to keep control on the reins of banking reform and growth.
Subsidized loans of VND385 trillion / $21.63bn provided - July 2009
Monday, 29 November 1999
The local banking system this year had provided subsidized loans amounting to over VND385tr / $21.63bn as -of July 23, according to the Govern
Central bank warns against betting more loans on realty - June 2005
Monday, 29 November 1999
The State Bank of Vietnam (SBV) has voiced its concern over strong lending by commercial banks to the realty market, warning that banks should be more prudent in extending more loans to this industry.
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