the mighty mekong

The Mighty Mekong

Mekong Capital underwent a fundamental and far-reaching transformation process which has helped the funds and investees achieve their best ever results in the last couple of years.
dong devalued to calm forex instability

Dong devalued to calm forex instability

While the jury is still out on whether last week’s currency depreciation will immediately benefit Vietnam’s economy, analysts say it will bring greater transparency to the market.

Joint stock banks lower profit targets

Local banks are downscaling profit targets for 2011 as monetary policies aimed at curbing inflation take their toll.
local market tempts foreign banking eyes

Local market tempts foreign banking eyes

Vietnam’s market is attracting foreign banks to open wholly-owned, locally incorporated subsidiaries.
banks look to end 2010 with a bang

Banks look to end 2010 with a bang

“Most banks are trying to meet their deposit growth rate and total asset targets”

BIDV to make its IPO in mid 2011

BIDV, the country’s third largest state-owned commercial bank, is locked into its long-awaited initial public offering next year.
forex market still in a state of flux as firms feel the squeeze

Forex market still in a state of flux as firms feel the squeeze

The black market exchange rate hit a new record of around VND21,200 per dollar by the weekend. The rate was down to VND20,900 early last week after gold prices dropped.
van persie expects van gaal to revive spluttering united

Van Persie expects van Gaal to revive spluttering United

Robin van Persie insists troubled Manchester United will quickly turn the corner under new manager Louis van Gaal as they prepare to face Burnley on Saturday (Aug 29).