Swiss prosecutor probes Credit Suisse takeover

Swiss prosecutor probes Credit Suisse takeover

(VOVWORLD) - Switzerland’s Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group for 3.3 billion USD, the office of the attorney...
More investment need for production, business

More investment need for production, business

(VOVWORLD) - Vietnam’s total credits in Quarter 1 increased more than 11% over the same period last year, focusing on production and business sectors, especially growth drivers under the government...
Egypt, IMF Reach 5.2-Billion-USD credit deal

Egypt, IMF Reach 5.2-Billion-USD credit deal

(VOVWORLD) -Egypt and the International Monetary Fund (IMF), reached a deal to provide the Egyptian government with a 12-month credit agreement worth 5.2 billion U.S. dollars, to...
Progress in Vietnam-Hungary ties

Progress in Vietnam-Hungary ties

(VOVworld) – Vietnam and Hungary have signed a bilateral framework agreement on a 440-million-euro credit in Hanoi on Wednesday
Vietnam retains Standard & Poor's credit rating

Vietnam retains Standard & Poor's credit rating

(VOVworld) - Standard & Poor's credit rating for the country stands at BB-/B with stable outlook, unchanged from the rating announced in March 2015, according to the Vietnamese Ministry of...
Speeding up restructuring of banking system

Speeding up restructuring of banking system

(VOVworld) – The banking system restructuring has resulted in positive changes, the most notable involving bad debts and interest rates. This year, the sector has built on these achievements to curb...
Stabilizing macro-economy key to economic management

Stabilizing macro-economy key to economic management

(VOVworld) – Economic issues dominated the Government’s monthly meeting for July in Hanoi on Tuesday. The Vietnamese government has reaffirmed its determination to curb inflation and stabilize the macro-economy