Bidv

The construction was started in 2009 and Kenton Node (then Kenton Residence) opened the first phase of sales with 100 apartments. The selling prices were between $1,566 and $1,250 per square metre. According to the information released by the investor, there were 64 successful transactions. The second phase of sales was organised in July that year, offering 178 apartments. … [Read more...] about BIDV puts real estate project’s debt on sale for $174 million

Vientiane (VNA) – Two Vietnamese businesses in Laos presented support in both cash and kind worth 370,000 USD to representatives of the Lao Government on April 6 to help with the host country’s fight against COVID-19. Luu Manh Ha, General Director of Star Telecom (Unitel) – a joint venture of Vietnam’s telecom group Viettel in Laos and Lao Asia Telecom, noted as a leading information technology firm in Laos, the company is aware of its responsibility for deploying technological solutions to assist COVID-19 prevention and control efforts in the country. Since COVID-19 broke out in China’s Wuhan city, the company has implemented technological solutions for the Lao Government and Health Ministry such as installing teleconference devices, providing an SMS network that automatically sends coronavirus-related information to more than 3.5 million people, and offering 400 SIMs with preferential policies to frontline cadres of the anti-COVID-19 committee. Aside … [Read more...] about Vietnamese companies assist Laos’ efforts in COVID-19 fight

Nghiêm Xuân Thành, Vietcombank’s chairman, said the bank had set a policy to reduce lending rates to all businesses and individuals affected by the epidemic. The total outstanding loans of sectors and industries hit by the epidemic to be offered an interest rate cut of 0.5-1.5 percentage points per year had reached more than VNĐ112.7 trillion. … [Read more...] about COVID-19 affected firms gain access to $695 million low interest loans

The third largest lender in the country, Vietinbank, has lowered its interest rates by 0.2 percentage points to 6.6 percent for terms of six to less than 12 months, keeping the rate for a 12-month fixed deposit unchanged at 6.8 percent. … [Read more...] about Banks cut deposit rates as credit demand dwindles

Vietnamese market sentiment was soothed as investors calmed down after the country reported no new COVID-19 cases on Sunday and Monday morning. But on Monday evening, four new infections were announced, pushing the country’s tally at 245, the health ministry said. … [Read more...] about VN-Index witnesses largest one-day gain in 19 years