Over VND96 trillion of G-bonds mobilised The State Treasury of Viet Nam has raised a total of VND96.251 trillion (US$4.13 billion) via auctions of Government bonds at the Ha Noi Stock Exchange (HNX) since the beginning of the year. At an auction this week, the State Treasury mobilised VND3.95 trillion from five-year and seven-year bonds worth VND500 billion each and 10-year bonds and 15-year bonds worth VND2 trillion each. The interest rate of bonds increased slightly. Bonds with 10-year maturity raised VND1.55 trillion with an annual interest rate of 4.53 per cent, up 0.03 percentage points from the previous auction on August 1. A sub-session auction of 10-year bonds drew VND600 billion with the yearly interest rate of 4.53 percent. Those with a 15-year term attracted VND1.2 trillion with an annual interest rate of 4.81 per cent, up 0.03 percentage points in comparison with the rate of the previous auction on July 25, 2018. As much as VND600 million was mobilised … [Read more...] about BUSINESS NEWS IN BRIEF 15/8
Best mekong delta tours from saigon
Saigon-Phu Quoc Resort & Spa offers numerous promotions
Hotel News Saigon-Phu Quoc Resort & Spa offers numerous promotions Anh Nguyen Friday, May 4, 2018,18:12 (GMT+7) Saigon-Phu Quoc Resort & Spa offers numerous promotionsAnh Nguyen A beach view of Saigon-Phu Quoc Resort & Spa. PHOTO: COURTESY OF SAIGONTOURIST Situated in a four-hectare area with natural forest and garden, Saigontourist’s four-star Saigon-Phu Quoc Resort & Spa has become an attractive destination for visitors to Phu Quoc Island off mainland Kien Giang Province in the Mekong Delta. With 100 bungalows and villas built along a 300-meter beach, the resort is putting on many special promotions for guests from now until the end of this year. May promotions Panorama room costs only VND1.9 million per night, Star Cruise room VND2.4 million per night and VIP room VND3.23 million per night, including breakfast for two, airport transfer, wifi, gym and service charge. Weekday sale The promotion is … [Read more...] about Saigon-Phu Quoc Resort & Spa offers numerous promotions
BUSINESS NEWS IN BRIEF 8/8
VIB buys back all bad debt from VAMC Vietnam International Bank (VIB) announced last week that it has repurchased more than VND1.46 trillion (US$64.2 million) worth of debt from the Viet Nam Asset Management Company (VAMC). With this move, VIB was recognised by the State Bank of Viet Nam and VAMC as one of four banks which required all bad debts that they sold to VAMC. Three others are Vietcombank, Techcombank and MBBank. Earlier in July, VIB released its financial report in the first half of 2018 with a profit of over VND1.15 trillion ($51 million), triple that of the same period last year, or equivalent to 57 per cent of the yearly target. During the period, the banks’ net revenue reached VND2.7 trillion, up 56 per cent year-on-year, while its lending saw a yearly rise of 9 per cent to VND91.7 trillion. From January to July, VIB’s Capital Adequacy Ratio (CAR) was maintained at 12.5 per cent while the cost-income ratio (CIR) stood at 49 per cent, … [Read more...] about BUSINESS NEWS IN BRIEF 8/8
Cross-country railway journey broadcasted
A scene of the TV programme (Photo: vtv.vn) Hanoi (VNA) – The first episode of a documentary programme on a north-south journey throughout Vietnam by train was aired on the evening of July 16. The 52-episode programme was produced by the Vietnam Railways Corporation (VNR) and Vietnam Television’s VTV24 news centre. It tells the stories of people, who experience the journey, alongside invited guests, who are writers, poets and cultural researchers. A train is crossing Hai Van mountain pass (Photo: vtv.vn) Along the north-south railway, built in the late 19th century and one of the most ancient routes of its kind in the world, the cultural features of each destination are depicted. To help viewers plan their own journey, the TV programme also gives information on local weather, tours and popular destinations. Foreign tourists inside a train cabin (Photo: vtv.vn) Its episodes are scheduled to be broadcast on VTV1 every Monday starting at 8:05 p.m … [Read more...] about Cross-country railway journey broadcasted
Saigontourist rolls out numerous budget tours this summer
Saigontourist rolls out numerous budget tours this summerBy Anh Nguyen Foreign tourists take an elephant ride in Dak Lak Province - PHOTO: ANH NGUYEN Saigontourist, the country’s leading tourism and hospitality firm, is offering a wide variety of super promotional programs this summer. For the tour to Buon Ma Thuot City in Daklak Province by plane, guests can enjoy four-star service at Saigon - Ban Me Hotel though the tour price is as low as VND2.3 million per person. The air travel programs to Nha Trang City in south-central Vietnam and Phu Quoc Island off the Mekong Delta province of Kien Giang cost VND4.229 million and VND4.079 million respectively. Those interested in exploring the pristine beach of Ky Co and seeing the stunning sunset in Eo Gio, which is in between the ocean and an imposing cliff, can choose a four-day Tuy Hoa-Quy Nhon tour priced at VND6.129 million. Other budget programs include three to five-day tours by plane to tourist attractions on the … [Read more...] about Saigontourist rolls out numerous budget tours this summer