Vietnam and Australia bodies forge stock market partnership

Vietnam and Australia bodies forge stock market partnership

The State Securities Commission on August 2 signed an MoU with the Australian Securities and Investments Commission in Sydney.
Backbase launches AI Centre of Excellence in Ho Chi Minh City

Backbase launches AI Centre of Excellence in Ho Chi Minh City

On July 31, Backbase announced the establishment of its first global Centre of Excellence focused on AI in Ho Chi Minh City.
Singapore-headquartered Sunrate debuts in Vietnam's payment landscape

Singapore-headquartered Sunrate debuts in Vietnam's payment landscape

Singapore-headquartered Sunrate, an intelligent global payment and treasury management platform, announced its official launch in Vietnam on August 1.
Reference exchange rate down 3 VND on August 2

Reference exchange rate down 3 VND on August 2

The State Bank of Vietnam set the daily reference exchange rate at 24,242 VND/USD on August 2, down 3 VND from the previous day.
Greater green finance measures can entice investors

Greater green finance measures can entice investors

Attaining green finance faces significant challenges in Vietnam, including the absence of a legal framework and policy, as well as a lack of coordinated incentives.
Opportunities for individual stocks to surge in second half

Opportunities for individual stocks to surge in second half

Stocks in telecommunications technology, finance, chemicals, and steel will be particularly favoured by individual investors in the last six months of this year.
Individual and institutional investors keep their eyes on new assets

Individual and institutional investors keep their eyes on new assets

While gold ranks first in investment portfolios as a safe-haven asset, both individual and institutional investors are turning their focus to new assets.
HDBank's H1 2024 profit reaches $323 billion

HDBank's H1 2024 profit reaches $323 billion

HDBank has announced its financial statement for the second quarter of 2024, with a pre-tax profit of over $322.8 million for the first half of the year.
VIB posts profits of $182 million in 2024 so far

VIB posts profits of $182 million in 2024 so far

VIB has announced results for the first half of 2024, with total operating income surpassing $409 million, a slight rise compared to the same period last year.
SMEs must be afforded finance access

SMEs must be afforded finance access

Smaller enterprises in Vietnam, despite contributing up to 70 per cent to GDP, still face significant challenges in accessing finance.
Strong remittance flows bring boost to the south

Strong remittance flows bring boost to the south

Remittance flows to southern Vietnam in particular continue to grow strongly, with early implementation of the new Land Law expected to drive real estate growth towards 2025.
VPBank optimises business opportunities in Q2 to develop sustainably

VPBank optimises business opportunities in Q2 to develop sustainably

Hanoi-based commercial lender VPBank has secured stable growth across strategic segments this year, leveraging well-controlled borrowing costs.
Hanoi's credit growth surges in first seven months

Hanoi's credit growth surges in first seven months

Promising credit growth in Hanoi over the first seven months is expected to continue in the second half of the year.
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