hdbank officially listed on hsx

HDBank officially listed on HSX

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has been approved by the Ho Chi Minh City Stock Exchange (in short HSX) to be officially listed as of December 25, under the ticker HDB.
vnpts third attempt to divest maritime bank coming up

VNPT’s third attempt to divest Maritime Bank coming up

Vietnam Post and Telecommunications Group (VNPT) is auctioning 71,577,141 million Maritime Bank (MSB) shares in a single-batch sale on January 18 on the Hanoi Stock Exchange (HNX).
ifc joins abbank to support lending to small businesses and women owned smes

IFC joins ABBank to support lending to small businesses and women-owned SMEs

IFC and Goldman Sachs 10,000 Women has announced a syndicated senior loan of $110 million to Vietnam’s An Binh Commercial Joint Stock Bank in a bid to boost lending to small- and medium-sized enterprises (SME) and women-owned businesses.
vnd weathers fed rate hike

VND weathers Fed rate hike

The local currency has managed to stay healthy against the greenback so far, while overseas remittances are forecast to be on par with last year. The secret behind the dong’s strength and the dynamics influencing remittance flows for the year are explained by Barry Weisblatt, head of Research at Viet Capital Securities JSC, to VIR’s Trang Nguyen.
the stars of 2016s year of startups

The stars of 2016’s Year of Startups

As Vietnam ignites the entrepreneurial spirit in its young generation, the country is ushering in a new era of ground-breaking innovations and youthful zeal for business success. Minh Trang and Nam Phuong report.
migas safety net allays investor fears

MIGA’s safety net allays investor fears

Investment guarantees can help Vietnam attract new foreign capital sources. Karin Finkelston, vice president and chief operating officer for the Multilateral Investment Guarantee Agency – the political risk insurance and credit enhancement arm of the World Bank Group talked to VIR’s Minh Trang how such guarantees could mitigate risks and draw foreign investors into the country.
new zealand support programme starts landslide development in cao bang

New Zealand support programme starts landslide development in Cao Bang

Rural communities in the northern mountainous province of Cao Bang have received decent support to keep up living standards, thanks to a practical project funded by New Zealand Aid Programme and ChildFund New Zealand.  
sbv ushers in new forex rate mechanism

SBV ushers in new forex rate mechanism

A central forex rate replacing Vietnam’s old pegging forex method, together with the introduction of forward contracts, is expected to facilitate foreign currency trading and minimise currency risk for Vietnamese businesses.
lenovo boycotted over spyware fears

Lenovo boycotted over spyware fears

Lenovo computers may be completely removed from the offices of local state authorities, following the shocking discovery of spyware pre-installed on these devices. 
vietnams new financial policies spur market growth

Vietnam’s new financial policies spur market growth

Vietnam has proven itself to be one of the fastest growing economies in Asia and has strived to improve its local stock market through the timely removal of the foreign ownership limit and the robust equitisation process of state-owned enterprises.
investors in asias wealthiest markets struggle to balance risk with expectations

Investors in Asia’s wealthiest markets struggle to balance risk with expectations

Investors in China seem to take the most risk, while Japanese investors are the most risk averse, according to a recent study of Asia’s five wealthiest markets by Manulife. 
uob seeks to establish a vietnam subsidiary

UOB seeks to establish a Vietnam subsidiary

The Ministry of Planning and Investment recently urged the prime minister and the State Bank to allow Singapore-based United Overseas Bank to become the seventh wholly foreign-owned bank in Vietnam.
asean to boost business growth

ASEAN to boost business growth

ASEAN will be witnessing an increase in capital expenditure rates given the formation of the ASEAN Economic Community (AEC) and regional corporations may well take advantage of the opportunity to prepare longer-term business strategies and boost business growth in the coming time.
ssc violations draw heavy action

SSC violations draw heavy action

The Government Inspectorate brought a final conclusion to the State Securities Commission’s wrongdoings last week.
cashew export topped 22 billion

Cashew export topped $2.2 billion

Vietnam’s cashew export was pumped up to a record high of $2.2 billion in 2014, confirming its fourth-ranked export position after rice, rubber and coffee.