Refinance to 15 year mortgage

It also provides a timeline and spells out procedures to bring ownership thresholds in line with those stipulated in Article 55 of the Law on Credit Institutions, and penalises non-compliant shareholders by suspending dividends and their right to serve on the board of directors among other sanctions. … [Read more...] about M&A picks up speed in banking

The city’s top leader called for drastic measures to create new opportunities and motivation for the city’s growth. Five key areas were identified to attract domestic and foreign investment: to resume and speed up production, trade and exports; to stimulate tourism and domestic consumption; to promote public investment, and to address difficulties for major projects that had been delayed for years. … [Read more...] about Da Nang kickstarts economy after COVID-19 pandemic

In 2009-11 there were around 750 M&A transactions totally worth US$6.89 billion.  This rose to US$11.13 billion in 2012-14. The average value of each transaction has also been rising concurrently, for instance going up from US$10 million in 2012 to US$15 million in 2013. Significantly, mergers and acquisitions have been taking place in a range of industries, with finance and banking, consumer goods, retail, and energy heading the list.  Last year the retail sector topped with well over a third of the value of transactions even as domestic businesses accounted for 74% of all transactions. It was followed by consumer goods that accounted for 21%, followed by the energy industry with 18%. Analysts attribute the M&A boom to the Government's strong push for restructuring in recent years, especially of the financial sector. Many transactions in the finance and banking industries have been completed in double quick time to eliminate small and weak banks and create new … [Read more...] about M&A activities gather pace: report

Eleven customs and tax officials in the northern province of Bac Ninh, where plastic appliances maker Tenma Vietnam is located, have been suspended for 15 days starting Wednesday pending investigations into the allegations that the company had bribed Vietnamese officials on two occasions, in 2017 and last year. … [Read more...] about PM orders verification of alleged bribery by Japanese firm

Kido Foods has maintained its leading position in the ice cream industry during 2017-19 with the market share rising from 38.1 per cent in 2016 to 41.4 per cent in 2019. However, the business results were volatile with the 2018 net profit reaching just VND27.4 billion (US$1.2 million), the company reported. … [Read more...] about Kido Foods seeks shareholder approval for merger with Kido Group