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Merger, acquisition deals tipped to increase

Hanoi, March 17 (VNA) - Merger and acquisition activity is expected to further increase this year, following high-profile deals last year such as food products company Masan Consumer''s acquisition of coffee processor Vinacafe Bien Hoa (VCF) and the merger of real estate developer Vincom (VIC) with resort operator Vinpearl. 

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New key interest rates applicable from March 13

Hanoi, Mar. 12 (VNA) – The State Bank of Vietnam (SBV) has announced a reduction in key interest rates at credit institutions and foreign bank branches, applicable from March 13.

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State Bank to monitor FDI loan reports

Hanoi, March 13 (VNA) — The State Bank of Vietnam (SBV) has instructed credit institutions and branches of foreign banks to report their lending to foreign direct investment (FDI) businesses before March 16.  

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Banks move to cut deposit interest rates

HCM City  , March 9 (VNA) — A State Bank of Vietnam (SBV) announcement about a possible cut in deposit interest rates has spurred many banks into action even before an official decision is taken.      

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Profit-taking drives down shares

Hanoi, March 7 (VNA) — Heavy profit-taking cut short the rally on both of the nation''s stock exchanges on March 7, with the VN-Index declining by 2.67 percent to close the session at 445.00 points.    

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Japanese food group invests in Vietnam

Tokyo   , Mar. 16 (VNA) - Nichirei Foods of Japan has entered the Vietnamese market by acquiring a 19 percent of stake in  Vietnam ''s food joint stock company Cholimex.

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Bank rumours feed market frenzy

Hanoi , March 1 (VNA)  — Investors continued to pour money into banking shares on Feb. 29, driving up indices on both of the nation''s stock exchanges.    Amid heavy rumours that it was angling to take over rival Sacombank (STB), Eximbank (EIB) saw 2.6 million shares traded through order matching on the HCM Stock Exchange. 

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Banking shares spearhead rally

Hanoi , March 2 (VNA) — Stock indices ran up another winning day on March 1, with banking stocks continuing to draw heavy investment despite warnings by many analysts that prices were becoming inflated. 

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US reduces anti-dumping tariff on Vietnamese shrimp

Hanoi, March 4 (VNA) - The Department of Commerce (DOC) of the US has announced the sixth preliminary results of administrative review (POR6) on frozen shrimp imported from Vietnam in the period from February 1, 2010 to January 31, 2011

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Hong Kong invites SMEs to trade fairs

Vietnamese enterprises, particularly small- and medium-sized, are being encouraged to take part in international trade fairs in Hong Kong.

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