Alexandre Macaire, former HSBC Asia Pacific executive, to be the new CFO of Techcombank

Alexandre Macaire, former HSBC Asia Pacific executive, to be the new CFO of Techcombank

Hanoi-based lender Techcombank has just named Alexandre Macaire, the former HSBC Asia Pacific top executive, to be the new CFO.
Businesses urged to usher in sustainability era

Businesses urged to usher in sustainability era

Though Vietnam has pledged to achieve net zero by 2050, sustainability awareness remains an obscure concept among listed enterprises. Therefore, a shared understanding of what constitutes sustainability is being deemed critical at local and regional levels to attract and allocate resources towards green development.
Lenders get trendy to lap up increasing youth slice

Lenders get trendy to lap up increasing youth slice

Banks are responding to the challenge of engaging young retail customers with a wide set of inventive new products, as the retail loan segment is widely viewed as the primary driver setting the tone for the whole financial system in Vietnam.
Japan's SMFG to enhance its M&A strategy

Japan's SMFG to enhance its M&A strategy

Faced with bleak domestic growth prospects, Japan's SMFG is expanding its international footprint, including its presence in Vietnam.
Turbulence expected after Fed pivot

Turbulence expected after Fed pivot

Emerging economies like Vietnam will not be immune to plans by the US Federal Reserve to reduce bond purchases and rate hikes to fight against inflation pressures, with foreign indirect investment and some import- and export-reliant businesses perhaps in the firing line.
Experts line up to extol virtues of M&A

Experts line up to extol virtues of M&A

A variety of voices have explained how new models of collaboration between acquirers and acquirees have been created in a bid to facilitate a more well-rounded ecosystem, and maximise a solid pool of Vietnamese talents.
Listing frenzy for FIEs and domestic giants

Listing frenzy for FIEs and domestic giants

While the number of listed foreign-invested enterprises remains highly limited on Vietnam’s stock market, local conglomerates are still making headway to overseas listings as a part of their worldwide expansion initiatives.
Life insurers move chess pieces to snap up fresh partnerships

Life insurers move chess pieces to snap up fresh partnerships

Life insurers are competing for a larger share of Vietnam’s thriving insurance business, as seen by the ambitions to expand their footprint and form alliances with commercial banks in the country.
Mizuho Bank to invest $170 million and acquire 7.5 per cent stake in M-Service

Mizuho Bank to invest $170 million and acquire 7.5 per cent stake in M-Service

Japanese megabank Mizuho Bank is reported to invest around $170 million to acquire a 7.5 per cent stake in M-Service, the company behind e-wallet MoMo.
Sembcorp and BCG Energy partner up for 1.5GW of renewable energy projects in Vietnam

Sembcorp and BCG Energy partner up for 1.5GW of renewable energy projects in Vietnam

Sembcorp Utilities and BCG Energy inked an agreement for the development of renewable projects in Vietnam on December 9, 2021.
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