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state banks
Update news state banks
State banks told to buy back state-owned institutions’ bank stakes
The Prime Minister’s new decision requires the central bank (SBV), or state-owned commercial banks appointed by SBV, to buy back capital contributed by state-owned institutions to credit institutions.
Only Vietnamese can deposit foreign currencies
VietNamNet Bridge – Vietnam plans to set up a new regulation under which foreign residents, not Vietnamese citizens, cannot deposit foreign currencies at the banks in Vietnam.
BUSINESS IN BRIEF 23/4
Possible tax breaks cause concern for budget; Economist urges removal of interest rate caps; Steel sector sees positive signs in 2013; Possible tax breaks cause concern for budget
