Vietcombank could lift its FOL to 35 per cent

Vietcombank could lift its FOL to 35 per cent

Vietcombank reveals its desire to lift the bank's foreign ownership limit (FOL) to 35 per cent.
FLC chairman Trinh Van Quyet to be heavily fined for negligence to publicly report stocks sale

FLC chairman Trinh Van Quyet to be heavily fined for negligence to publicly report stocks sale

Following a trading violation by FLC’s Group chairman Trinh Van Quyet, the Ho Chi Minh Stock Exchange (HSX) annulled Monday's sale of 74.8 million shares of conglomerate FLC and suspended his accounts.
Price hikes leaving constructors short of building materials to be stabilised

Price hikes leaving constructors short of building materials to be stabilised

The unexpected price hikes of important building materials pose roadblocks to constructors. Moreover, the construction price index climbed by 3.65 per cent in the first nine months of 2021 on-year.
Remittances to Vietnam roughly reached $12.6 billion in 2021

Remittances to Vietnam roughly reached $12.6 billion in 2021

The State Bank of Vietnam (SBV) roughly estimated that remittances inflow to Vietnam reached $12.5 billion in 2021.
VietABank and Mirae Asset Prévoir sign exclusive bancassurance agreement

VietABank and Mirae Asset Prévoir sign exclusive bancassurance agreement

Mirae Asset Prévoir and VietABank have recently announced an exclusive distribution agreement for life insurance products, or bancassurance.
M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service JSC, the parent firm of MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round.
Participants get to grips with tax changes for 2022

Participants get to grips with tax changes for 2022

Details on the implementation of the Law on Tax Administration have been put across by the Hanoi Centre for Investment, Trade, and Tourism Promotion in a bid to prepare fresh detailed guidelines for tax agencies and businesses.
Viettel to launch mobile money service

Viettel to launch mobile money service

Viettel is the last Vietnamese telecom giant to join the mobile money race.
VNPT to launch mobile money through VinaPhone subscriptions

VNPT to launch mobile money through VinaPhone subscriptions

Vietnam Posts and Telecommunications Group (VNPT) has officially announced the pilot deployment of mobile money service across the country on November 25.
SBV could delay roadmap of using maximum short-term capital for medium- and long-term loans

SBV could delay roadmap of using maximum short-term capital for medium- and long-term loans

The SBV could delay setting a maximum rate of short-term capital to provide medium- and long-term loans.
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