tax breaks wouldnt help those in need

Tax breaks wouldn’t help those in need

It isn’t the neediest businesses or individuals but profitable businesses and wealthy individuals that would most benefit from the government’s tax break proposal, said Nguyen Ngoc Bao, a member of the National Assembly’s Economic Committee.
adb warns of bumpy road into asian century

ADB warns of bumpy road into 'Asian century'

Asia could be as wealthy as Europe by mid-century, but only if it tackles key challenges from inequality and corruption to climate change, an Asian Development Bank study said Tuesday.
hsbc awarded best overall private bank

HSBC awarded Best Overall Private Bank

HSBC Bank (Vietnam) Ltd. has just been awarded the Best Overall Private Bank in Vietnam in the Euromoney Private Banking and Wealth Management Survey 2011.
wealthiest investor on vietnams 2010 stock market worth 780 million

Wealthiest investor on Vietnam’s 2010 stock market worth $780 million

Pham Nhat Vuong has become the richest investor on the Vietnamese stock market during 2010, with a total publicly traded share value of VND15.21 trillion ($780 million).
gold advances on rising demand for wealth protector

Gold advances on rising demand for wealth protector

The price of gold in Vietnam surged to VND36.35 million a tael (1.2 ounces) on December 14 as global prices resumed gains on a weakening dollar.
facebook co founders pledge wealth to charity

Facebook co-founders pledge wealth to charity

Facebook co-founders Mark Zuckerberg and Dustin Moskovitz have joined a pledge to give away more than half their wealth to charity.

Most AXA Asia Pacific directors back new AMP bid

The Asia-Pacific arm of French wealth manager AXA has tentatively welcomed a revived takeover offer from Australian insurer AMP, saying Tuesday that five of its six board members backed the proposal.

Australia's AMP in new 13-bln-dlr bid for AXA Asia Pacific

Australian wealth manager AMP Monday made a new bid for AXA Asia Pacific worth at least $13 billion, two months after National Australia Bank terminated its offer after being blocked by regulators.
bnp paribas helping rich clients evade tax report

BNP Paribas helping rich clients evade tax: report

French bank BNP Paribas is selling financial products that permit wealthy clients to evade tax, despite European efforts to crack down on tax evasion, news weekly Marianne reported on Friday.
vib banks on enjoying common wealth

VIB banks on enjoying common wealth

Commonwealth Bank of Australia (CBA) has officially become Vietnam International Bank (VIB)’s foreign strategic shareholder with a 15 per cent stake holding.
citibank vietnam extends retail banking presence to hanoi

CITIBANK Vietnam extends retail banking presence to Hanoi

On October 15Citibank Vietnam expanded its retail bank operations in the country by opening a new branch and launching Citigold - its wealth management offering – in Hanoi, the second retail branch behind the first one in Ho Chi Minh City opened last year.