Vietnam needs 3-5 years to fix consequences of Van Thinh Phat-SCB scandal: analyst
It will take the Vietnamese government three to five years to deal with toxic loans related to the Van Thinh Phat-Saigon Commercial Bank (SCB) scandal and repair the damage caused, said Nguyen Quang Thuan, chairman and founder of Hanoi-based FiinGroup, a leading financial data provider in Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bamboo Capital no longer uses FiinRatings' credit ratings services
Bamboo Capital Group (BCG) and FiinRatings, a division of FiinGroup specializing in credit rating services, have jointly announced their rating contract had expired.
Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese firms turn to expensive offshore loans amid credit crunch
With banks offering limited credit and bond issuance a tough proposition, several Vietnamese companies are trying to access foreign loans that have higher interest rates than domestic ones.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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