vietnam taken by fintech revolution

Vietnam taken by fintech revolution

Vietnam’s fintech market is predicted to reach $7.8 billion by 2020. What elements will provide the basis of this confident forecast and what pressures will face them? Dr. Nguyen Thanh Binh, lecturer in Finance at the Department of Economics and Finance at the School of Business and Management, Royal Melbourne Institute of Technology’s (RMIT) Vietnam Campus, provides an insight.
study finds corporate governance is crucial for soe equitisation

Study finds corporate governance is crucial for SOE equitisation

A recent study by RMIT University Vietnam and VinaCapital concluded that corporate governance is key to the next wave of SOE equitisation.
hcm citys master plan to be revised to fuel development

HCM City’s master plan to be revised to fuel development

Prime Minister Nguyen Xuan Phuc has permitted Ho Chi Minh City to amend its master plan with a view to bolstering local development.
mitigating global stock uncertainty in vietnam

Mitigating global stock uncertainty in Vietnam

In 2019, Vietnamese stocks may receive some knock-on effects from the highly volatile global stock market. However, the country’s fundamentals remain attractive to investors, and various sectors are nevertheless poised for good growth. Huy Pham, finance lecturer from the School of Business and Management at RMIT Vietnam, writes about the prospects of Vietnamese equities for the year ahead.
national citizen bank green lighted to raise charter capital

National Citizen Bank green-lighted to raise charter capital

Vietnam’s National Citizen Bank has received the permit to raise its charter capital to VND5 trillion ($217.4 million).
all bets placed on phu quoc casino

All bets placed on Phu Quoc casino

A casino in the southern island of Phu Quoc is set to be the first location in Vietnam to permit local people to gamble on its premises, contributing to the creation of a new multi-billion dollar industry in Vietnam, which has so far endured a turbulent path.
non profit schools on the rise

Non-profit schools on the rise

Despite early concerns about its feasibility, non-profit education is gaining ground in Vietnam with both foreign and domestic investors flocking to the burgeoning sector.
businesses spend one month and ten days on tax and insurance

Businesses spend one month and ten days on tax and insurance

While starting a business, dealing with construction permits, and getting electricity are assessed as the areas seeing the most improvement, paying taxes and resolving insolvency have seen little improvement much over the five years of implementing Resolution 19.
the billion dollar nascent projects of nghe an

The billion-dollar nascent projects of Nghe An

Numerous billion-dollar projects have been stalling for decades due to issues with land clearance and not receiving construction permit.
new high rises spark land battle in paris

New high-rises spark land battle in Paris

A group of tenants near Paris whose apartments are to be destroyed to build the tallest skyscrapers in western Europe are refusing to leave after fighting for years to save their homes.
revised casino decree to further relax restrictions

Revised casino decree to further relax restrictions

Major casino development in Vietnam has been on a slow and rocky path, but the country has recently permitted integrated resorts to feature casinos and open for local guests, with business conditions expected to loosen even further in the near future. However, developers still have a lot of work ahead of them.
binh dinh welcomes 63 million solar farm

Binh Dinh welcomes $63 million solar farm

Vietnam Renewable Energy JSC (REVN) has been permitted in principle to build a solar power plant in My Chau commune, Binh Dinh province’s Phu My district.
hanoi to shorten processing time for construction procedures

Hanoi to shorten processing time for construction procedures

Hanoi will shorten the time taken to process applications and grant construction permits from 166 days at present to no longer than 120 days in line with the Prime Minister’s Instructive 08/CT-TTg dated March 13 this year.
foreign investors propose 44 million minimum capital for universities

Foreign investors propose $44 million minimum capital for universities

Foreign investors’ proposal to increase the minimum investment capital of universities to VND1 trillion ($43.9 million) is expected to create a fair playground for both local and foreign investors in the education sector. But will it really?
cocobay added to danang docs black list

Cocobay added to Danang DoC’s black list

$616.7 million Cocobay complex, home to Cocobay Towers where football legend Cristiano Ronaldo registered to buy a condotel, is the latest name on the list of projects without a construction permit in the central city of Danang.