Elevated Australia-Vietnam friendship

Elevated Australia-Vietnam friendship

Australia is currently one of Vietnam’s longest-standing strategic partners, with the two countries’ active participation in multifaceted free trade agreements, and an increasing number of Australian companies investing in Vietnam.
VAMC bad debts platform facilitates market options

VAMC bad debts platform facilitates market options

The upcoming bad debt exchange platform from Vietnam Asset Management Company is being viewed as a promising legal intermediary which can effectively deal with sour loans, as well as help lenders simplify procedures for collateral disputes while enhancing transparency.
Fed alterations increase uncertainty

Fed alterations increase uncertainty

The latest initiatives of the US Federal Reserve to leave its benchmark short-term borrowing rate near zero, while signalling an imminent rate hike, is leaving other emerging economies’ central banks high and dry.
Vietnam flies high on cryptocurrency gains

Vietnam flies high on cryptocurrency gains

The popularity of cryptocurrency has drawn outsize interest in Vietnam as investors and regulators are keen on a potential central bank digital currency.
Robust growth spurs real estate chances

Robust growth spurs real estate chances

The fundraising activities of some real estate brokerages in Vietnam have come roaring back in the past few months, with some long-anticipated offerings in June slated to gain investors’ attraction.
Unilever to acquire beauty brand Paula's Choice and expand business in Vietnam

Unilever to acquire beauty brand Paula's Choice and expand business in Vietnam

Unilever will acquire Paula’s Choice, a science-backed cosmetics company from TA Associates.
Lenders take up pandemic vaccine contribution cause

Lenders take up pandemic vaccine contribution cause

With Vietnam’s fresh COVID-19 vaccine fund launched, credit institutions are drawing on their expertise, implementing zero-free programmes and extending roadmaps for debt rescheduling to ramp up their assistance for a mass vaccine drive.
Rising foreign funds in sound financing 

Rising foreign funds in sound financing 

Local banks could gain the upper hand thanks to a number of syndicated loan facilities backed by international financial institutions, with a central focus on climate-friendly energy, digitally-led services, and narrowing the gap for small- and medium-sized enterprise financing.
VPBank looks for foreign strategic partner

VPBank looks for foreign strategic partner

VPBank has just announced setting its maximum foreign ownership limit at 15 per cent, with plans to make a private placement for a foreign strategic investor.
Inspection rise in face of insurance hustle

Inspection rise in face of insurance hustle

Recent compulsory bundling of insurance policies with banking products despite customer unwillingness has triggered concerns over bancassurance activities in Vietnam, and as a result authorities are strengthening inspections of such rampant insurance cross-selling mechanisms.
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