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Malaysia's Public Bank Vietnam to take over RHB Securities Vietnam

21-02-2024 11:22

Public Bank Vietnam Limited (PBVN), a wholly-owned subsidiary of Malaysia's Public Bank Berhad (PBB), is acquiring an entire stake in RHB Securities Vietnam Company (RHBSVN) for about $15.2 million.

Tourism fuels up as rising economic engine for Vietnam

21-02-2024 11:21

As a rising economic engine, Vietnam's tourism industry is set for healthy growth with a shift towards premium tourism and business travel, according to a report released by Maybank Vietnam on February 21.

Australia's ANZ, Suncorp overcome objection to major merger

20-02-2024 12:58

Australia's ANZ and Suncorp banks jumped a big hurdle in their proposed US$3.2 billion merger Tuesday, as a tribunal overrode a consumer watchdog's concerns.

PM instructs action for stock market upgrade

19-02-2024 11:45

Prime Minister Pham Minh Chinh has instructed the Ministry of Finance, State Bank of Vietnam and the Ministry of Planning and Investment to address obstacles in relevant sectors for upgrading the stock market from frontier to emerging status.

Heading into an enthralling 2024

15-02-2024 11:00

Vietnam in 2023 could be most remembered for strengthening cross-border ties, pushing through new laws, or taking action to weather the storms created by trade issues, geopolitical conflict, inflation, and the post-pandemic landscape. CEOs, legal advisors, and directors across tech, banking, retail, real estate, and more reveal what they thought of the previous 12 months in Vietnam, and offer their projections for the barriers and boosts to come during the Year of the Dragon.

Mizuho secures a 15 per cent stake in Kisetsu Saison

12-02-2024 21:49

Mizuho Financial Group, one of Japan's top financial institutions, is set to acquire a 15 per cent share in India's Kisetsu Saison Finance, an online lending platform catering to individuals and small enterprises.

Significant reasons to be optimistic on growth

11-02-2024 22:34

It is certainly easy to be pessimistic about the Year of the Dragon in Vietnam. Inflation seems to remain stubbornly high, the real estate market appears to be in a holding pattern, the banking system has faced a major shock recently, and the stock market remains range bound – just to name a few of the significant reasons to be pessimistic about the economy and stock markets in Vietnam this year.

Multi-pronged approach to fortify monetary policy

10-02-2024 22:32

It has been a period of heightened global economic tribulations, with Vietnam facing its share. State Bank of Vietnam Deputy Governor Dao Minh Tu spoke with VIR’s Hong Dung about its initiatives to enhance bank capital access for businesses and individuals, and catalysing economic recovery.

Comprehensive approach will engage real estate

08-02-2024 19:00

Around the world, investment in real estate is competitive, and investors compete for capital from a variety of non-bank financial sources, including private funds, sovereign wealth funds, and international financial institutions such as the International Finance Corporation (IFC), real estate investment trusts, and hedge funds.