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Refinements necessary for stock market

By Celine Luu April 23, 2024 | 11:00

Vietnam’s ambitious endeavour to upgrade its stock market is confronting formidable challenges, such as pre-funding complexities and potential market volatility.

Solutions for enhancing provision of the stock market

By Hồng Nam April 23, 2024 | 10:38

Qualitative criteria is the main hurdle for Vietnam in upgrading the stock market. Nguyen Khac Hai, managing director of Legal and Compliance at SSI Securities Corporation, covers solutions to enhance service capacity with VIR’s Hong Nam.

MB aiming for 30 million customers by end of year

By Luu Huong April 22, 2024 | 17:43

MB aiming for 6-8 per cent profit growth and 30 million customers by the end of 2024.

MB finalises strategy for acquisition of distressed bank

By Celine Luu April 22, 2024 | 16:33

MB has completed procedures for the compulsory transfer of a troubled bank.

Vietnam central bank postpones gold bar auction

By Vy Bui April 22, 2024 | 15:27

The State Bank of Vietnam announced that it has postponed its first gold auction in 11 years, set for April 22, due to a lack of participants.

Benefits of pension funds must be incentivised

By Mỹ Hạnh April 22, 2024 | 15:00

Despite their benefits for retaining talent and offering tax advantages, voluntary pension funds in Vietnam see limited use and need stronger incentives to match global standards.

KRX trading system to begin official operation

By Vy Bui April 22, 2024 | 14:09

The Ho Chi Minh City Stock Exchange will adopt a new trading infrastructure from the Korean Exchange (KRX) starting May 2.

Voluntary pensions to rejuvenate the sector

By Luu Huong April 22, 2024 | 14:00

Four organisations in Vietnam have been granted licences to manage voluntary supplementary pension funds, a development that poses challenges but also motivates financial institutions to innovate and meet evolving market needs.

Gold market reforms paramount to stability

By Trung Duong April 22, 2024 | 10:18

Investigations of gold trading firms are to take place on possible market manipulation amid soaring domestic prices, at the same time as the central bank announced it would resume sales of gold bullion for the first time in over a decade.

Loopholes continue to play part in rising NPL ratios

By Luu Huong April 22, 2024 | 10:13

Finance leaders have highlighted the urgency for a stronger legal system to tackle rising non-performing loans and address debt collection hurdles.

Techcombank scoops two Stevie Awards

By Anh Duc April 19, 2024 | 18:35

Techcombank won two gongs at the 11th annual Asia-Pacific Stevie Awards, for Innovation in Brand Development and Most Innovative Marketing Team of the Year.