As the disbursement of the VND30 trillion bail-out is delayed, the State Bank of Vietnam (SBV) has asked five banks to quickly receive client applications and quickly respond them.

 Eleven export commodities earn US$1 billion in revenue; Over 3.5 million foreigners visit Vietnam in six months; Growth in HCM City boosts first half GDP by 7.9 percent; Military Bank arm plans restructuring

Though domestic gold prices crashed by VND850,000 per tael compared to late last week, buying power declined sharply on Monday after the central bank has announced to continue supplying gold for the market.

 All condo sectors face challenge; Support sector firms need access points; Opportunities for export to Russia abound; Japan’s CM Plus enters Vietnam; Vicofa gets nod for coffee stockpiling

 VietNamNet Bridge – There are embryonic signs of a new interest rate race among commercial banks, which have been trying to raise the deposit interest rates to improve their liquidity

 VietNamNet Bridge – The dollar prices quoted by commercial banks since the beginning of June have always been hitting the ceiling levels. Is it now the time to adjust the dong/dollar exchange rate?

 First realty project benefits from VND30-trillion loan scheme; Hitachi, HCMC strike US$370 million metro equipment deal; Housing market may revive; Standard Chartered has new office in HCM City

 State sets new lending rates for VND loans; MoF may increase export tax on woodchips; Investors snap up Government bonds; VN's richest men increase asset value; Fishery firm ups profit by 31 times

 Delta urged to stockpile rice to keep price stable; Sugar inventory continues to rise; Convenience shop popularity threatens local supermarkets; Mining companies see licenses revoked; Bentley to open sale agent in Vietnam

 Crackdown on fertiliser traders; Investors shift focus to high-dividend stocks; Steelmakers call for action on anti-dumping; European firms gain confidence in market; Ministry tables mineral tax hike

 Revealing real estate tricks of the trade; Measures to help businesses through crunch time; Spain supports Vietnam’s sustainable tourism; Improvement marked for labour export firms

Commercial banks have reported they have hundreds of trillions of dong left in their coffers. Tens of trillions of dong have been kept at securities accounts. Many enterprises suffer a headache because they have nowhere to invest in.

 Nutrition industry grows well: Nielsen; Life made easier for foreign homebuyers; U.S. second biggest retailer seeking local suppliers; Developers woo homebuyers via interest-free plans

A lot of people have fallen into a trap set by finance companies. Promising simple administrative procedures, but the companies overcharge borrowers with exorbitant interest rtes.

 Small banks look to make bigger waves; Central bank cuts key interest rates; Slow growth to put pressure on Budget; Exhibition backs support industries; Bank merger talks continue

 VietNamNet Bridge – Some Vietnam banks are pondering new and deeper foreign partnerships to strengthen their positions amid current stormy economy.

The reports from 10 State Bank’s local branches showed that Hanoi, HCM City and Da Nang are the localities with the highest bad debt ratios.

VietNamNet Bridge – Collecting workers for export turns out to be a more difficult job than labor companies and the local authorities could imagine.

VietJetAir opens Hanoi-Bangkok flight route; Most Vietnamese prefer domestic-made shoes; Gov’t rules out nine low capacity cement projects; Panama to talk double taxation avoidance with VN

Merger and acquisition (M&A) plans are a topic of discussion at many banks’ shareholder’s meetings.