Vietnam stops social distancing restrictions in Hanoi and Ho Chi Minh City
April 23, 2020 | 12:53
Vietnam stops social distancing restrictions in high-risk localities like Hanoi and Ho Chi Minh City today, allowing certain non-essential businesses to reopen.
Vietnam required to wait in line for desired MSCI market status
April 22, 2020 | 08:00
Postponement of Kuwait’s upgrade to the MSCI’s Frontier Emerging Market Index is being called a blow for Vietnam, with large-cap firms being among the biggest beneficiaries when the process is eventually pushed through.
Japanese bank Mizuho to stop lending to coal power plants
April 19, 2020 | 19:20
Japanese financial giant Mizuho Financial Group has approved a shareholder resolution to stop investing and lending to new coal power projects.
Fitch downgrades outlook on Vietcombank, VietinBank, ACB, MB, and ANZ
April 17, 2020 | 21:20
Credit ratings provider Fitch Ratings has downgraded its outlook on four local and one foreign bank in Vietnam – Vietcombank, VietinBank, MB, ACB, and ANZ.
SCIC keeps to SOE divestment plan for 2020
April 14, 2020 | 17:40
State Capital Investment Corporation (SCIC) has recently confirmed its plan of divesting 85 state-owned enterprises, with several big names on the list.
FPT lowers sales plan due to COVID-19 despite surging revenue
April 11, 2020 | 09:08
FPT lowers its sales plan by 15 per cent to factor in the economic fallout of the COVID-19 epidemic, despite upbeat performance in the year so far.
Lenders shore up business activities
April 07, 2020 | 10:00
Central banks have taken up new relief plans to mitigate a sharp contraction sparked by the coronavirus outbreak across the globe, including cutting costs, slashing rates, and delaying dividend payouts.
Bonds rising to primacy
April 02, 2020 | 08:00
The global rush for cash is putting immense pressure on the bond market, raising concerns about whether it is functioning well enough to effectively distribute funds to communities and businesses who still favour bonds fuel investor demand for financing down the road.
Banks are not allowed to pay cash dividends to alleviate COVID-19 impact
April 01, 2020 | 17:24
The SBV has once again required commercial banks to proactively reduce and tighten operating costs to alleviate the growing concerns over the impact of COVID-19.
Penm Partners fifth fund held up by COVID-19 uncertainties
March 17, 2020 | 16:52
Danish private equity firm Penm Partners is seeing a sluggish fundraising process for its fifth fund as it ran into choppy waters due to the COVID-19 outbreak.
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