Money | Banking | Investments | Shares

US and Vietnam agree on currency blueprint

By Nhat Minh July 27, 2021 | 09:00

A mutual arrangement between the US Treasury Department and the State Bank of Vietnam on currency policy has reaffirmed Vietnam’s exchange rate flexibility to be in line with financial resilience, and so as to not create an unfair competitive advantage in international trade.

VIR to hold webinar on stock market opportunities in H2/2021

By Thanh Van July 26, 2021 | 19:45

Vietnam Investment Review (VIR) will organise a webinar titled "Stock market opportunities in the second half of 2021 - Prospects of capital mobilisation channels for businesses" on July 28.

Rosy half-year profits across the board at Vietnamese banks

By Vinh Thuy July 26, 2021 | 14:48

In the first half of this year, most banks have fulfilled more than half of their full-year profit targets despite COVID-19 complexities.

Reference exchange rate up at week’s beginning (July 26)

July 26, 2021 | 14:42

The State Bank of Vietnam set the daily reference exchange rate at 23,213 VND per USD on July 26, up 4 VND from the last working day of previous week (July 23).

Private equity firms pivot investment focus in Vietnam amid crisis

By Thanh Van July 26, 2021 | 13:06

Private equity firms are actively seeking potential investment targets in Vietnam with a number of deals being secured during the fourth COVID-19 outbreak.

Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

By Thanh Van July 26, 2021 | 10:52

Malaysian bank CIMB announced that the SBV has approved its request to increase the charter capital of its CIMB Vietnam to VND3.69 trillion ($160.43 million).

Financial behemoth MB Group likely to secure $5 billion in revenue by 2026

By Luu Huong July 26, 2021 | 10:36

Accelerating digital transformation and enhancing technology infrastructure to meet ever-evolving demands are critical parts of MB Group’s development strategy.

How new rules will change the securities basket of VN DIAMOND index

By Nhat Minh July 25, 2021 | 22:31

The HSX has revised the criteria of the VN Diamond index with wide-ranging changes effective from this October.

Shares end lower at the end of choppy week

July 24, 2021 | 11:43

Shares settled down on the last trading day of the week as investors returned to profit-taking activities, while foreign investors continued to net sell on the market.

Mizuho Bank eyeing mega Vietnamese expansion

By Luu Huong July 23, 2021 | 17:18

Savvy Japanese investors are acknowledging that the Southeast Asian market, and Vietnam in particular, is the central pillar of their business expansion strategy...

Lenders give nod to rate cuts to help out

By Song Huong July 23, 2021 | 17:17

Commercial banks have agreed to slash additional interest rates as they sought to help reignite Vietnam’s economy and support vulnerable businesses and individuals...