commonwealth bank of australia divests 10 per cent stake in vib

Commonwealth Bank of Australia divests 10 per cent stake in VIB

Commonwealth Bank of Australia (CBA) announced on October 29 that it has sold approximately 10 per cent of the shares on issue in VIB via the Ho Chi Minh Stock Exchange.
sustainable markets initiative unveils support to commonwealth member states at chogm

Sustainable markets initiative unveils support to Commonwealth member states at Chogm

In the presence of His Majesty King Charles III, as well as leaders from the Commonwealth as part of the Commonwealth Heads of Government Meeting's Business Forum, the Sustainable Markets Initiative (SMI) has launched several initiatives to further enhance its commitment and support to Commonwealth Members States.
commercial bank of australia sells partial stake in vib

Commercial Bank of Australia sells partial stake in VIB

The Commonwealth Bank of Australia (CBA) has sold approximately 5 per cent of the shares on issue in VIB via the Ho Chi Minh Stock Exchange.
middle class seeking luxury

Middle-class seeking luxury

Vietnam is emerging as a key market for luxury brands, driven by robust economic growth, an expanding middle class, and a rising number of ultra-wealthy individuals.
vietnams birth rate declines amidst disparity

Vietnam's birth rate declines amidst disparity

The General Department of Population has observed that individuals with lower education levels, particularly those below primary school, tend to have more children, with an average of 2.35 children, compared to 1.98 for those with education beyond high school. Wealthier families also tend to have fewer children than poorer ones.
the aspects behind finance and banking in vietnam today

The aspects behind finance and banking in Vietnam today

Pramoth Rajendran, head of Wealth and Personal Banking at HSBC Vietnam, scrutinises credit situation, the factors behind and solutions in Vietnam’s current finance-banking scene, weighing on Vietnam’s growth prospects in 2024 and HSBC’s recent efforts to best serve its customers.
financial management training should start in schools

Financial management training should start in schools

Teaching young people about wealth management while they are still in school would lead to a more financially sound future in Vietnam.
key investment principles to accumulate wealth vcbf experts

Key investment principles to accumulate wealth: VCBF experts

Investing and accumulating wealth may seem complicated, but actually there are basic principles that anyone can apply.
wealth management in vietnam evolution and innovation

Wealth management in Vietnam: evolution and innovation

Vietnam’s wealth management sector has undergone significant growth, driven by rapid economic development, an expanding affluent population, and increasing sophistication in financial planning services. Dinh Thi Thu Nga, head of Internal Audit, Techcom Securities, spoke with VIR’s Bich Thuy about the sector’s revolution, and future innovation trends.
technology stocks set to thrive until year end

Technology stocks set to thrive until year-end

Despite recent volatile fluctuations in the stock market, the Vietnamese technology stocks persist in reaching new highs, with noteworthy stocks spanning across large, medium, and small-sized technology companies.
new products could benefit in wealth asset environment

New products could benefit in wealth asset environment

Vietnam has earned a reputation for strong growth and tenacity in the face of numerous geopolitical and economic crises over the years, including a significant increase in managed wealth assets. Lina Nguyen, country business development manager of Exness Investment Bank, spoke with VIR’s Thy Nguyet about the potential of the wealth asset management market in Vietnam.
banks in singapore tighten management after 3 billion usd money laundering case

Banks in Singapore tighten management after 3-billion-USD money laundering case

Banks in Singapore, including Citigroup and DBS Group Holdings, are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows.
next generation of vietnamese sees ai as powerful business tool

Next generation of Vietnamese sees AI as powerful business tool

The next generation of Vietnamese business leaders (NextGen) see AI not merely as a technological innovation, but as a catalyst for redefining business operations, strategies and customer experience, according to a recent report.
vwas 2024 panel discussion identifies global economic uncertainties

VWAS 2024 panel discussion identifies global economic uncertainties

Experts identified uncertainties facing the global economy and their impacts on the Vietnamese economy during the first panel discussion at the Vietnam Wealth Advisor Summit (VWAS) 2024 on June 6.
vwas 2024 adapting to uncertainties

VWAS 2024: Adapting to Uncertainties

VWAS (Vietnam Wealth Advisor Summit) 2024 "Adapting to Uncertainties" took place on the afternoon of June 6 in the Pullman Hanoi with the participation of 300 representatives, and thousands of online attendees, including state management agencies, experts, credit institutions and securities companies, investment funds, listed enterprises, real estate developers among others.