Fund to get enterprises moving

Fund to get enterprises moving

The Ministry of Planning and Investment’s (MPI) Business Development Department deputy head Nguyen Hoa Cuong sheds some light on the MPI’s supportive policies to get 600,000 firms generating revenue and posting profits by 2015. One of the key measures is to establish the Enterprise Development Fund.
Voices are growing for a fall in securities tax levels.

Voices are growing for a fall in securities tax levels.

Vietnam Association of Financial Investors (VAFI) submitted a securities tax regulation proposal last week, in line with a rallying call from market participants for tax relief.
Fund managers look for tax cuts

Fund managers look for tax cuts

Fund managers are lobbying regulators for tax cuts.
Fund to open the door to housing

Fund to open the door to housing

The Ministry of Construction is looking to nail down a housing fund in Hanoi and Ho Chi Minh City in early 2013.
Overseas money ready  to make splash

Overseas money ready to make splash

Foreign funds are giving serious thought to sinking more money into Vietnam, but claim they plan to keep a close eye on local economic conditions before making any rash moves.
Fee brews up coffee changes

Fee brews up coffee changes

Industry insiders are digging for implications of a proposed fee collection on coffee exports.
Japan’s United Investments plans open-ended bond fund

Japan’s United Investments plans open-ended bond fund

Japan’s United Investments is teaming up with Military Bank member company MBCapital to create Vietnam’s first open-ended bond fund.
Mekong Capital revises efforts to raise $150m fund

Mekong Capital revises efforts to raise $150m fund

A Vietnam-focused private equity investment fund management company plans to revive efforts to launch an entirely new fund to invest in the country’s rapidly growing consumer sector.
Investors yet to see sale-off in property market

Investors yet to see sale-off in property market

Many foreign investors are seeking to buy cheap property products in Vietnam but there is yet any sale-off here, unlike in other countries.
Equities market investors urged to keep nerve

Equities market investors urged to keep nerve

Most Vietnam-based foreign fund managers think that liquidation of their funds in 2012 is a bad choice as Vietnamese stock valuations are near their historical lows.
Fund managers eye retirement option

Fund managers eye retirement option

Vietnam’s fund management companies are hoping retirement funds could be their pot of gold at the end of the rainbow.
Books closed on open-ends

Books closed on open-ends

Fund managers are talking down an upcoming State Securities Commission move to allow the establishment of open-ended funds in Vietnam.
Clear property plan needed

Clear property plan needed

Vietnam needs to formulate a strategy to develop its apartments and use land more efficiently.
Lagarde stresses fairness to all at IMF

Lagarde stresses fairness to all at IMF

New IMF chief Christine Lagarde promised equal treatment for all countries and urged Greek politicians to unite behind an austerity plan as she took the helm of the global crisis lender Wednesday.

Close-end funds to save themselves

Law-makers are completing a legal framework for local funds to convert into open-end models, paving the way for the funds to support their own share prices.
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