PRESS DIGEST - Vietnam - April 15

Sun Apr 14, 2013 10:13pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

HANOI, April 15 (Reuters) - These are some of the leading stories in the official Vietnamese press on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

FINANCIAL NEWS:

THOI BAO KINH TE VIETNAM

-- Hanoi-based VietinBank said it would issue new shares to Bank of Tokyo-Mitsubishi UFJ (BTMU) in the second quarter of this year as part of a plan to raise the Vietnamese lender's registered capital to 32.66 trillion dong ($1.6 billion). BTMU would own 19.73 percent of the Vietnamese bank.

VIETNAM INVESTMENT REVIEW

-- The central bank's use of credit growth cap for each bank seems unnecessary due to the low lending growth of the banking system, several bankers said.

  Continued...