ribox therapeutics announces fda clearance for ind application of rxrg001

RiboX therapeutics announces FDA clearance for IND application of RXRG001

RiboX Therapeutics Ltd, a pioneering biopharmaceutical company, focused on discovering and developing fully engineered circular RNA therapeutics, announced that the US Food and Drug Administration has cleared its IND application for the Phase I/IIa Study of RXRG001 on October 25 th, 2024.
us stock momentum bodes well for others

US stock momentum bodes well for others

The US Federal Reserve will meet in early November and is likely to cut interest rates again, which is expected to have a positive impact on the stock market in Vietnam.
cardiex awarded 525000 grand prize in nih radx tech for maternal health challenge

Cardiex Awarded $525,000 grand prize in NIH RADx Tech for Maternal Health Challenge

Cardiex, a global health technology company specializing in cardiovascular diagnostics and devices, today announced it has been awarded the $525,000 grand prize in the US National Institutes of Health (NIH) RADx Tech for Maternal Health Challenge.
taiwans locus cell poised to capture global biopharma shift at biojapan 2024

Taiwan's Locus Cell poised to capture global biopharma shift at BIOJAPAN 2024

The ongoing US-China tech war has significantly impacted the global biotech landscape, particularly with the recent passage of the US Biosecurity Act.
fed rate cut expands vietnamese monetary policy flexibility

Fed rate cut expands Vietnamese monetary policy flexibility

The decision to cut interest rates by 50 basis-point in last week's Fed meeting is expected to have several positive impacts on the Vietnamese economy, specifically by alleviating exchange rate pressures and allowing the State Bank of Vietnam to implement a more accommodative monetary policy.
only thorough preparation can drive ipo fortunes in us

Only thorough preparation can drive IPO fortunes in US

The success of Vietnamese companies listing in the US hinges on early preparation, more structured capital deployment, and stronger support mechanisms, experts have pointed out.
attracting us investors for a successful ipo journey

Attracting US investors for a successful IPO journey

The US market often provides the largest pool of capital and liquidity, which can be critical for a company’s long-term growth. Teresa Woo, senior vice president at global financial services company BNY, shared with VIR’s Luu Vy how Vietnamese companies capture the attention of US investors and ensuring a successful initial public offering.
fed goes big with long awaited cut

Fed goes big with long-awaited cut

The US Federal Reserve’s latest interest rate cut is expected to ease pressure on Vietnam’s exchange rates, support domestic monetary policy, and potentially reverse foreign capital outflows, benefiting the country’s stock market and general economy.
vietnam is pivotal in healthcare potential

Vietnam is pivotal in healthcare potential

With positive changes being made in Vietnam’s healthcare sector, the level of interest among US-ASEAN companies is increasing. Bui Thi Viet Lam, country representative of the US-ASEAN Business Council, talked to VIR’s Minh Tung about the future prospects of the market.
the us by vietnams side to promote its aspirations

The US by Vietnam’s side to promote its aspirations

It is a credit to the Vietnamese and American people that our two countries have been able to move beyond the tragedies of our shared past to build such a vibrant and strong friendship. Through candid dialogue and a strong commitment to succeed by the leadership of both countries, Vietnam and the United States are now comprehensive strategic partners and good friends.
likely fed rate cuts to impact exchange rates and asset class

Likely Fed rate cuts to impact exchange rates and asset class

Although gold prices may rise with expected interest rate cuts by the US Federal Reserve, Vietnamese investors are unlikely to benefit from any uptick in the precious metal due to a lack of support from exchange rates and unique liquidity factors.
a good strong start to feds rate cut cycle

'A good strong start' to Fed’s rate cut cycle

The bumper 50 basis points (bps) interest rate cut announced by the US Federal Reserve at its September meeting may increase the likelihood and pressures of the State Bank of Vietnam (SBV) considering similar policy easing.
central bank preparations underway for fed rate move

Central bank preparations underway for Fed rate move

Investors have increased their bets on a strong interest rate cut by the US Federal Reserve next week. Trinh Ha, a financial market analyst from Exness Investment Bank, explained more to VIR’s Phuong Thu about the rate cute scenario and its impact on the Vietnamese markets.
fund set to yield big microchip benefits for vietnam and us

Fund set to yield big microchip benefits for Vietnam and US

Semiconductor workforce development is one of the urgent requirements for Vietnam now. Marc E. Knapper, US Ambassador to Vietnam, told VIR’s Nguyen Huong about recommendations and some plans for Vietnam after becoming a part of a key initiative of the US’ CHIPS and Science Act.
progress made through us trade pact

Progress made through US trade pact

Vietnam’s trade with the US has continued to grow, driven by the two nations’ comprehensive strategic partnership, with the US gradually opening its market further to Vietnamese exports. However, concerns are emerging over potential increases in import taxes from next year depending on the result of November’s US presidential election.