State bank of vietnam sbv

SOEs that had been targeted for initial public offerings but had yet to be evaluated include mobile carrier MobiFone, the country's largest bank by assets, Agribank, Northern Food Corp., mining group Vinacomin and Vietnam National Chemical Group, it said. … [Read more...] about Vietnam privatization plans further behind schedule due to pandemic

The State funeral ceremony for former Party General Secretary Le Kha Phieu is held at the National Funeral House, No. 5 Tran Thanh Tong, Hanoi. Former Party General Secretary Le Kha Phieu’s family and kin pay the last respects to the deceased.   In spite of rains, many people flock to the National Funeral House, Hanoi to pay tribute to the dead former Party General Secretary. Military forces work hard to ensure security and COVID-19 prevention. Member of the Politburo, Prime Minister Nguyen Xuan Phuc led a delegation of the Government to pay homage to former Party General Secretary Le Kha Phieu. Prime Minister Nguyen Xuan Phuc writes in the funeral memory book: “Your decease is a great loss to your family, friends, comrades and the people. Following you, we will stand united and strive to build a strong, prosperous and civilized Vietnam. Let us pay our last farewells to you, our … [Read more...] about State funeral for former Party General Secretary Le Kha Phieu officially starts in Hanoi

Analysts had attributed the positive stock market performance to other investment channels such as gold and deposit interest losing their lustre and to "dead" money from investors unable to otherwise spend or invest in ordinary businesses activities in areas where the government has imposed lockdown measures. … [Read more...] about VN-Index slumps, ending recovery streak

Kuala Lumpur (VNA) - Malaysia’s economy has contracted the most since the Asian financial crisis more than two decades ago, due to impacts of global trade crisis and tough measures taken to prevent the spread of the COVID-19. According data released by the country’s central bank on August 14, Malaysia’s gross domestic product shrank 17.1 percent in the second quarter compared to a year earlier, its worst showing since the fourth quarter of 1998. That compared to the median forecast of a 10.9 percent contraction in a Bloomberg survey. The restrictions, which included businesses being shut down and people confined to their homes, “resulted in demand and supply shocks,” with border control measures globally hitting tourism arrivals, the central bank added. Wan Suhaimi Saidi, an economist at Kenanga Investment Bank, warned that the trade-dependent economy was “heading into a recession since there is no sign of a full recovery in demand and business … [Read more...] about Malaysian economy shrinks most in more than two decades

Trương Văn Vẹm, deputy of the Phú Đức Commune People’s Committee, said the contractor has used machines and sandbags to prevent erosion at the river bank in Tân Phú Commune and tree stumps and soil to fill the eroded section of the road in Phú Đức Commune. … [Read more...] about Bến Tre repairs eroded riverbank section