Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Do Hoang Minh, chairman of property group Tan Hoang Minh, revealed that the corporation would offload 2-3 projects to ensure bondholders’ rights and obligations.
Rate switches sought to bolster businesses

Rate switches sought to bolster businesses

Businesses are advocating for a holistic strategy to support their community to ride out the bumps associated with prospective rising interest rates, including flexible regulations on preferential lending rates mechanisms and extensions for repayment deadlines.
French cosmetics retailer Sephora enters Vietnam

French cosmetics retailer Sephora enters Vietnam

World-renowned cosmetics retailer Sephora has officially entered the Vietnamese market via an e-commerce channel, rather than through a brick-and-mortar store.
Central Inspection Commission considers penalising SSC heads

Central Inspection Commission considers penalising SSC heads

Violations by the 2015-2020 State Securities Commission (SSC) Party Committee and its officials were found to have significant implications.
Fed moves unlikely to clip fundamentals

Fed moves unlikely to clip fundamentals

The US Federal Reserve has attempted to contain inflation, which is at its highest level in 40 years, by raising its benchmark interest rate by a quarter of a percentage point last week. Its near-term effect on Vietnam’s economy, however, could be rather limited.
SMBC terminates strategic alliance with Eximbank

SMBC terminates strategic alliance with Eximbank

The Japanese financial giant Sumitomo Mitsui Banking Corporation (SMBC) announced its exit from Vietnam's privately-held lender Eximbank on March 18.
Digital-led initiatives lift up life insurers in Vietnam

Digital-led initiatives lift up life insurers in Vietnam

Vietnam’s life insurance landscape is being offered upbeat projections, with digital competencies being the driving force.
Vietnam collects $217 million in tax from cross-border business and foreign tech giants

Vietnam collects $217 million in tax from cross-border business and foreign tech giants

Minister of Finance Ho Duc Phoc said that the ministry has been proactive in collecting the tax revenue associated with cross-border e-commerce and tech giants.
SHB to increase its FOL to 30 per cent

SHB to increase its FOL to 30 per cent

Vietnam Securities Depository modified the foreign ownership limit (FOL) ratio of privately-held lender SHB from 10 per cent to a maximum of 30 per cent.
All systems go for Vietnam’s essential energy transition

All systems go for Vietnam’s essential energy transition

As Vietnam proceeds towards reaching its audacious carbon-neutrality pledge and economic resilience, international organisations are touting commitments to helping shape and influence the country’s legislative agenda and its energy transformation path.
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