Market upgrade checklist still needs completed for Vietnam

Market upgrade checklist still needs completed for Vietnam

Despite a stellar economic performance, Vietnam’s stock market is still some way off an upgrade to emerging market designation, with a series of efforts requiring implementation in order to bring the domestic landscape in line with international standards.
LienVietPostBank to sign an exclusive bancassurance agreement in mid-June

LienVietPostBank to sign an exclusive bancassurance agreement in mid-June

LienVietPostBank is mulling over an exclusive bancassurance deal after its 5-year agreement with Dai-ichi Life.
Vietnam's digital economy reaches $53 billion in Q1

Vietnam's digital economy reaches $53 billion in Q1

A meeting of the National Committee on April 27 revealed that the country's digital economy generated $53 billion in the first quarter of this year.
Louis Holdings chairman and Tri Viet Securities representatives arrested

Louis Holdings chairman and Tri Viet Securities representatives arrested

On April 20, the Investigative Police Agency announced a decision to prosecute alleged stock market manipulation.
South Korean banks in Vietnam reported $172 million in profits in 2021

South Korean banks in Vietnam reported $172 million in profits in 2021

Several South Korean banks are showing an interest in growing their presence in Vietnam.
Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Do Hoang Minh, chairman of property group Tan Hoang Minh, revealed that the corporation would offload 2-3 projects to ensure bondholders’ rights and obligations.
Rate switches sought to bolster businesses

Rate switches sought to bolster businesses

Businesses are advocating for a holistic strategy to support their community to ride out the bumps associated with prospective rising interest rates, including flexible regulations on preferential lending rates mechanisms and extensions for repayment deadlines.
French cosmetics retailer Sephora enters Vietnam

French cosmetics retailer Sephora enters Vietnam

World-renowned cosmetics retailer Sephora has officially entered the Vietnamese market via an e-commerce channel, rather than through a brick-and-mortar store.
Central Inspection Commission considers penalising SSC heads

Central Inspection Commission considers penalising SSC heads

Violations by the 2015-2020 State Securities Commission (SSC) Party Committee and its officials were found to have significant implications.
Fed moves unlikely to clip fundamentals

Fed moves unlikely to clip fundamentals

The US Federal Reserve has attempted to contain inflation, which is at its highest level in 40 years, by raising its benchmark interest rate by a quarter of a percentage point last week. Its near-term effect on Vietnam’s economy, however, could be rather limited.
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