The central bank will soon allow lenders to negotiate with clients on interest rates for medium to long term loans, an official said. The State Bank of Vietnam will issue a new regulation to allow negotiated rates on dong loans in the next few days, Nguyen Ngoc Bao, director of monetary policy at the central bank, was quoted by the Vietnam Economic Times as saying on Tuesday. Vietnamese law currently... 

Mergers and acquisitions continued their downward trend last year but the activities are likely to see a revival in 2010, a local investment advisory firm says. Avalue Vietnam said in a report that M&A deals in the country fell 38 percent last year to US$678.8 million. The figure was much lower than the record of $1.7 billion in 2007. According to the firm, corporate values of local companies...