HD Saison may be setting up for IPO

HD Saison may be setting up for IPO

HD Bank revealed ambitions to convert HD Saison into a JSC in a move generally seen as laying down the groundworks for an IPO.
Lively evolution continues through foreign consumer finance presence

Lively evolution continues through foreign consumer finance presence

Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
No evidence found in bribery scandal enveloping Tenma and Vietnamese officials

No evidence found in bribery scandal enveloping Tenma and Vietnamese officials

No evidence was found to back up allegations of bribery against Japanese plastic maker Tenma and Vietnamese officials.
Japanese Tenma investigated for bribery and tax evasion in Vietnam

Japanese Tenma investigated for bribery and tax evasion in Vietnam

Tenma is investigated for allegedly bribing tax officials to avoid import tax and corporate income tax.
JB Financial acquires Vietnam-based Morgan Stanley Gateway Securities

JB Financial acquires Vietnam-based Morgan Stanley Gateway Securities

JB Financial Group, one of South Korea's largest financial conglomerates, has successfully acquired Vietnam-based brokerage Morgan Stanley Gateway Securities.
Disbursement offers construction bonanza

Disbursement offers construction bonanza

Despite the broad-based sell-off crippling equity markets, some businesses’ stocks are slated to outperform their peers thanks to the forthcoming massive disbursement of public investment.
Trung Nam Group to set 16 wind turbines in service in Ninh Thuan

Trung Nam Group to set 16 wind turbines in service in Ninh Thuan

The second phase of the wind component of the $600 million solar and wind farm complex invested by Trung Nam Group will be launhed soon in Ninh Thuan.
Retroactive tax alterations to buffer cash flow for businesses

Retroactive tax alterations to buffer cash flow for businesses

The forthcoming tax amendment on interest expense cap is slated to be beneficial for 1,000 companies adopting parent-subsidiary business models, with reimbursement worth nearly VND5 trillion ($217.4 million).
Vietnam keeps non-essential businesses closed to contain COVID-19

Vietnam keeps non-essential businesses closed to contain COVID-19

Vietnam keeps non-essential businesses such as bars and fitness centres closed even after ending nationwide social distancing to contain COVID-19.
Remittances to experience sharpest decline in history due to COVID-19

Remittances to experience sharpest decline in history due to COVID-19

Global remittances are projected to drop by 20 per cent in 2020 – the sharpest decline in history because of the economic fallout stemming from COVID-19.
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