Sunday, November 3, 2013

As of 15-10, up 6.21% credit against the end of 2012, of which USD rose 10.66% credit, foreign curr

Vietnam economic panorama 29-10-2013 | Op-Economica
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* Notable dates: ANZ: estimated reserves of Vietnam is about $ 32 billion. Ministry of Planning and Investment: T10.2013, nearly 5,900 businesses shut down. World Bank: Vietnam ranks 99/189 economies on the business environment special in 2013. T9.2013: About 80% of workers in the country is not compulsory social insurance.
According to financial statements special announced special by some banks, the interest rate of bank account Q3.2013 not great, as the accumulated interest PGBank 60 billion, 10.5 billion Navibank interest. However, a number of banks to business results were positive, as 2,600 MB billion pre-tax profit, 74% of the year plan, Sacombank rate estimated 2,200 billion (Bloomberg, special 28-10).
As of 15-10, up 6.21% credit against the end of 2012, of which USD rose 10.66% credit, foreign currency credit fell 14.05%. Along with opposite movements of foreign currency credit this year compared to previous years, the market for information "about a policy depositors can withdraw their savings dollars USD". However, the central bank said the policy does not have such provisions (ĐTCK, 26-10).
Nguyen Quoc Hung, vice president VAMC said, by this time, VAMC has acquired 7,807 billion outstanding principal with 6,484 billion purchase price. Special bonds are issued 3,860 billion, of which, of PGBank 170 billion, SHB is 74 billion, 154 billion special Southern Bank, SCB is 1.739 billion, Agribank is 1,723 billion. Newly issued bonds with a term of 5 years (from 22-10-2013 to 22-10-2018) with 0% interest. This week, expected VAMC will buy bad debts of some banks such as Vietcombank, MHB, bringing the total number of mortgages in October to about 10,000 billion (ĐTCK, 29-10).
Vietnam Bank for Industry and Trade (Vietinbank - Symbol: CTG) has signed a cooperation framework agreement comprehensive phase from 2013 to 2020 with the Investment Company HCMC Infrastructure (Ticker: CII). Accordingly, Vietinbank acquisition debt, investments in CII. The bank can invest 1.000 billion acquisition that CII bonds issued in 2013 and contributed 5% of the CII. At the same time, investments Vietinbank special 11% stake in Water Infrastructure Company Saigon (Saigon Water - SII) - CII units hold a majority stake (VnExpress, 28-10).
According to the decision of the Department of Ho Chi Minh City Stock Exchange (HOSE), from 1-11 days, shares of Oil and Gas Construction Company Central (Ticker: PXM) was placed special under control in order to warn investors the ability of this stock was delisted special (VnExpress, 28-10).
Earlier, reports to Congress, Prime Minister Nguyen Tan Dung said foreign exchange reserves increased by Vietnam, is about 12 weeks of imports. The reserves had increased from 6 weeks of imports at end-2010 to 6.5 weeks in late 2011 and to 12 weeks in late 2012 and 2013.
Prime Minister Nguyen Tan Dung has signed Decision No. 61/2013/QD-TTg for providing information and coordinating the implementation of the national credit rating. According to the decision, there are 6 types of information required for the national credit rating special include: general information about economic and social information on fiscal, monetary information, bank information foreign economic, political information (VNA, 28-10).
State Treasury (Treasury), said in May 10-2013, Treasury has implemented systems to control spending is estimated at 57,000 billion, with projected expenditures 8:45% in 2013. In 10T.2013, special Treasury has implemented systems to control spending estimated at more than 521 trillion (estimates by 77% in 2013), which found 62 071 Expenses not abide by the procedures, rules, refusing approximately 1.168 billion payment and refuse 11 billion (MoF, 28-10). special
As reported by the Vietnam Social Insurance, the country has more than 10.5 million people participate in social insurance that 10.4 million people participated in mandatory form, only 140,000 people participate in voluntary social insurance. By T9.2013, the country is about 80% of workers do not participate in compulsory social insurance. special Arrears of social insurance and unemployment insurance to more than 4,639 billion VND (People, 28-10).
As reported by the Ministry of Planning and Investment, in May 10-2013, there were nearly 5,900 enterprises shut down, bringing the total number of enterprises in 10T.2013 outages to nearly 42,000 businesses, up close 13% compared to the same period special in 2012 (Investment, 26-10). special
On 28-10, the National Airline Vietnam (Vietnam Airlines) has signed a contract with General Electrics Corporation (U.S.) to buy 40 aircraft engines for the Boeing 787 Dreamliners. Reportedly, the total contract value to approximately $ 1.7 billion (VnExpress, 28-10).
On 28-10 at Ho Chi Minh City, 16 South Korean companies are suppliers to Samsung Heavy Industries Co., the Samsung Group (Korea) met nearly 30 VN businesses to find investment opportunities . Samsung is blind

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