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BriefsFriday, 04/13/2012, 12:57

Thursday, April 12, 2012


Thursday, April 12, 2012

ADB estimates Vietnam FX reserves up around 25 pct in Q1
Vietnam's typically low foreign exchange reserves rose by around 25 percent to an estimated $17 billion at the end of the first quarter from late 2011, the Asian Development Bank said.

France helps Vietnam develop microfinance
The State Bank of Vietnam (SBV) and the French Development Agency (AFD) on Dec. 13 signed a non-refundable grant agreement worth 1 million EUR to support the SBV in a development project for the microfinance sector.

Banks, developers laud looser credit policy
Banks and property developers are heaving a sigh of relief after the State Bank of Viet Nam eased restrictions on lending to the real-estate and some other non-production sectors.

Scientist warns of severe flooding in city
HCMC � A local scientist told HCMC chairman Le Hoang Quan on Tuesday to enhance preparedness for flooding which will worsen in the city in the coming years due to climate change and land sinking.

Princess Danae ship makes first trip to Vietnam
HCMC � The French cruise ship Princess Danae on Tuesday arrived in Halong with around 500 cruise passengers and crew members on board, starting a six-day trans-Vietnam trip. This is the first Vietnam port call by the cruise ship this year.

Near-completion condos attract buyers
HCMC � Condo projects that have been completed or are entering into the final stages this year are most likely to enjoy more advantages in the race to lure buyers in the current dormant realty market.


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