September 18, 2011 (Vienamica) – Vietnam Commercial Joint Stock Bank of Industry and Trade (VietinBank- HOSE: CTG) has raised total assets to VND 450 trillion (US$21.6 billin), representing an increase of 25 percent, said the bank’s chairman Pham Huy Hung.
September 17, 2011 (Vietnamica) – Vietnam Energy Association (VEA) has sent a proposal to the Vietnamese Communist Party and Government leaders asking for restricting business activities with Chinese contractors, especially in power industry (VnEconomy, Sept 16).
The Cambodian Economy: A GlanceSeptember 17, 2011 (Vietnamica) – Cambodia’s economy has been growing rapidly but is still weak compared with other countries in the region. Its gross domestic product (GDP) rose 5.9 percent year-on-year to reach US$11.44 billion in 2010, a growth rate slower than Thailand’s 7.8-percent increase and below the 6.8-percent rise seen in Vietnam.
September 17, 2011 (Vietnamica) – Relations between China and Cambodia have grown closer in recent years, with Beijing investing billions of dollars in the Southeast Asian nation to help boost its economy.
September 16, 2011 (Vietnamica) – Vietnam Commercial Joint Stock Bank of Industry and Trade (VietinBank-CTG) has recently been refinanced about VND 19 trillion at the interest rate of 14% per annum (p.a.) after it finalized repayment of VND 35 trillion refinance that became due to the central bank (Vietbiz24, Sept 16).
India Warns China Keeping Off Pakistan Occupied KashmirSeptember 16, 2011 (Vietnamica) – When China sent a diplomatic protest (demarche) to India regarding proposed oil and gas exploration in the South China Sea off Vietnam, India had refused to entertain it. Instead, in its reply, India told China that it should stop its activities in Pakistan occupied Kashmir (POK).
