The General Director of Chinese Formosa Group, Ngo Quoc Hung, has stated that the group will raised its investment in the Vung Ang Economic Zone from US$16 billion to US$23 billion. Mr Hung made the pledge at a meeting with the Chairman of the Ha Tinh provincial People’s Committee, Vo Kim Cu while he was on

Follow this link:
Over US$7 billion invested in Vung Ang economic zone

VNStockNews.com – HDBank gained 132 billion dong of pre-tax profit in first six months, fulfilling 44 percent of the year plan, up 5 percent year-on-year. Up to June 30, the bank raised its assets up to 22 billion dong, meeting nearly 90 percent of the year plan and rising 52.39 percent year-on-year

Read more here:
HDBank earns 132b dong profit in H1

VNStockNews.com – Sai Gon Beverage Co (Tribeco – coded TRI) has completed transferring its stake in subsidiaries Tribeco Northern Region Joint Stock Co and Tribeco Binh Duong Joint Stock Co. The move has raised its total capital to over VND137 billion (US$7.2 million).

Link:
Tribeco unloads shares in two affiliates

TOKYO — The World Bank raised its growth forecast for developing East Asia this year by almost a full percentage point to 8.7 … For middle-income countries like Thailand and Vietnam, this means boosting investment in physical and human capital …

Visit link:
World Bank: East Asia leading global recovery but needs … – San Francisco Examiner

In response the rising inflationary pressures and ongoing balance of payments weaknesses, the State Bank of Vietnam raised its policy rate 100 basis points and devalued the exchange rate by five percent in December 2009. …

See the article here:
Inflationary pressures weigh on Vietnam's prospects – Vietnam …

Vietnam Banks May Gain Next Year on Higher Rates, Manulife Says Bloomberg Vietnam's central bank this month raised its benchmark interest rate by one percentage point to 8 percent, the first rate adjustment since February, …

Go here to read the rest:
Vietnam Banks May Gain Next Year on Higher Rates, Manulife Says – Bloomberg

The State Bank of Vietnam raised its benchmark interest rate to 8 percent as of December 1 from 7 percent, after keeping borrowing costs unchanged since February. The central bank had previously cut the key rate from 14 percent in …

More here:
Vietnam may keep 'tight' policy into 2011, Goldman Sachs says …