27-02-2018 12:21
VinaCapital Vietnam Opportunity Fund (LSE: VOF), the flagship fund of VinaCapital, has injected $32.5 million in the Vietnamese producer of pasteurised eggs and poultry meat, Ba Huan JSC.
24-02-2018 16:54
Buying gold on the day of the God of Wealth for good luck might well be just a belief, yet gold might not be too bad an investment for now and long-term investors should watch out for various factors that could affect the price.
16-02-2018 09:00
Managing the wealth of well-off people could be a pleasantly profitable business for banks this year, as the number of the rich is growing alongside the strong performance of the local economy. The development of this segment depends on legal backup from the central bank, banks’ competency and capability, and further market expansion.
08-02-2018 11:37
Vietnam’s FX reserves have bolstered up to a massive $57 billion, and given the upcoming divestment of state-owned enterprises, the Year of the Dog promises to bring the nation even more foreign currency notes in the months to come.
05-02-2018 09:41
Surfing the first wave of FDI inflows in the early 1990s never seemed enough for ANZ Vietnam. The lender has now chosen to focus all its resources on institutional banking, to continue catering to its clients and leveraging the opportunities arising from the current FDI growth in the country.
18-01-2018 12:35
Hanoi-based Maritime Securities Incorporation (MSI) has been officially renamed to KB Securities Vietnam (KBSV), in line with Decision No.07/GPDC-UBCK issued by the State Securities Commission.
15-01-2018 13:48
The financial sector is ranked first in priority of investment in Vietnam for the World Bank Group’s private investment arm IFC in 2018, according to Kyle Kelhofer, IFC country manager for Vietnam, Cambodia, and Laos.
10-01-2018 10:33
IFC, a member of the World Bank Group, has secured a convertible loan of $15.3 million for DNP Water JSC, a subsidiary of Dong Nai Plastic JSC, to enhance clean water access for urban households and residents in Vietnam.
08-01-2018 09:00
For multinational companies and foreign investors doing business in Vietnam, experts advocate minimising the FX risk through hedging, knowing that the dong may be steady today but may move unexpectedly tomorrow.
04-01-2018 15:21
27-12-2017 16:45
The National Financial Supervisory Commission (NFSC) estimates that credit growth in 2017 will be at 18.7-19.3 per cent in its annual financial market review yesterday.
18-12-2017 10:57
With Christmas coming, Thai-based Kasikorn Bank has set its sights higher than just gaining a strong foothold in Vietnam – it also has an eye on the local bad debts market. On the sidelines of a VAMC and Kasikorn Bank-hosted event on “Managing distressed assets” last week, the bank’s executive vice president Pattarapong Kanhasuwan tells VIR’s Trang Nguyen how it can bring the experience in dealing with distressed assets after Thailand’s 1997 financial crisis to Vietnam’s bad debt situation.
14-12-2017 08:00
Digitalisation in retail banking is becoming a vital trend for Vietnam’s banking sector, not only to meet bank customers’ – especially young customers’ – needs, but also to help the nation achieve its goal of creating a cashless economy. Trang Nguyen reports.
11-12-2017 21:47
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.
30-10-2017 09:07
As the concept of ‘good food, good life’ becomes more commonplace in Vietnam, consumers are paying more attention to what they consume on a daily basis.