Citi anticipates stronger recovery for Vietnam despite typhoon disruption

Citi anticipates stronger recovery for Vietnam despite typhoon disruption

Citi has revised Vietnam’s GDP growth forecast after surprisingly strong third-quarter growth.
Capital injection accelerated into Vietnam’s economy

Capital injection accelerated into Vietnam’s economy

The decline in the exchange rate has given the State Bank of Vietnam more room to ease monetary policy, injecting capital into the economy to meet the credit growth target, stimulate domestic investment, and aid post-typhoon recovery.
Credit growth cap strategy on the cards

Credit growth cap strategy on the cards

The State Bank of Vietnam last week signalled its ambition to explore a roadmap to lift credit growth caps, potentially allowing commercial banks greater flexibility in their lending activities.
Foreign investors could make stock comeback in Q4

Foreign investors could make stock comeback in Q4

The stock market is poised for a strong breakout in the final quarter, driven by a favourable macroeconomic landscape, promising Q3 earnings, low interest rates, and growing interest from foreign investors.
Acquisitions to help boost restructuring of weak banks

Acquisitions to help boost restructuring of weak banks

Despite the financial hurdles in restructuring zero-VND banks, the process also presents immense opportunities for acquirers as they can leverage the restructuring to strengthen their market presence, long-term strategies, and foreign ownership limits.
Vinhomes finalises timeline for Vietnam’s largest treasury share buyback

Vinhomes finalises timeline for Vietnam’s largest treasury share buyback

Vinhomes has announced a timeframe to repurchase 370 million treasury shares, marking the largest share buyback in Vietnam's stock market if successful.
Techcombank to launch new non-life insurance company

Techcombank to launch new non-life insurance company

Techcom Non-Life Insurance Joint Stock Company (TCGIns) has received approval from the Ministry of Finance and is scheduled to begin operations in November.
$5.5 billion remittance flows to Ho Chi Minh City in first nine months

$5.5 billion remittance flows to Ho Chi Minh City in first nine months

Remittances to Ho Chi Minh City reached $5.5 billion in the first nine months of 2024.
November circular set to ease access for foreign investors

November circular set to ease access for foreign investors

A new legal framework is set to enhance foreign investor access to Vietnam’s securities market, improve liquidity, and support a potential upgrade to emerging market status.
Cake and The Gioi Di Dong to provide consumer loans

Cake and The Gioi Di Dong to provide consumer loans

VPBank's Cake and The Gioi Di Dong JSC have signed an agreement to provide online consumer loans.
Rebuilding lives a priority in aftermath of Typhoon Yagi

Rebuilding lives a priority in aftermath of Typhoon Yagi

In the wake of Typhoon Yagi, addressing the tragic consequences and rebuilding efforts has become paramount, with crucial bank support and strategic advice from industry experts guiding the process.
VPBank and JBIC sign $150-million credit line to finance green projects

VPBank and JBIC sign $150-million credit line to finance green projects

VPBank and the Japan Bank for International Cooperation (JBIC) signed a general agreement for a credit line totalling $150 million on October 9.
FTSE Russell keeps Vietnam on watch list for emerging market status

FTSE Russell keeps Vietnam on watch list for emerging market status

British analytics and data solution provider FTSE Russell has kept Vietnam on its watch list for possible reclassification to secondary emerging market status.
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