VPBank to issue additional shares and increase charter capital to nearly $2 billion

VPBank to issue additional shares and increase charter capital to nearly $2 billion

VPBank will issue a maximum of more than 1.97 billion shares to existing shareholders to raise its charter capital.
Keppel achieves first closing of $400 million for Vietnam-focused real estate fund

Keppel achieves first closing of $400 million for Vietnam-focused real estate fund

Keppel Capital and Keppel Land have launched Vietnam-focused Keppel Vietnam Fund, a Vietnam-focused real estate fund with a target fund size of $600 million.
Startup decade in full flow thanks to fund commitment

Startup decade in full flow thanks to fund commitment

Despite obstacles caused by the global health crisis, foreign investors and an alliance of venture capital funds have committed over $900 million for Vietnamese entrepreneurship, showing their trust in the potential of the domestic startup ecosystem.
Sapo receives investment while local startups flounder

Sapo receives investment while local startups flounder

As local startups have been experiencing a crisis due to COVID-19, Sapo has just received a million-dollar investment from SGI and Teko Ventures Fund.
Penm Partners fifth fund held up by COVID-19 uncertainties

Penm Partners fifth fund held up by COVID-19 uncertainties

Danish private equity firm Penm Partners is seeing a sluggish fundraising process for its fifth fund as it ran into choppy waters due to the COVID-19 outbreak.
Korea Investment Management (KIM) acquires Vietnamese fund manager

Korea Investment Management (KIM) acquires Vietnamese fund manager

Korea Investment Management has been given the green light to acquire all shares of local Hung Viet Fund Management JSC.
TPG picks Vietnam for landmark move conference Outside of US

TPG picks Vietnam for landmark move conference Outside of US

In a striking move, one of the largest private equity firms in the US with asset under management of approximately $54.5 billion, will organise its limited partners (LP) conference in Hanoi this week.
State may boost PPP stake

State may boost PPP stake

Eager to accelerate the construction of vital new infrastructure facilities, the Vietnamese government is considering increasing the state contribution to public-private partnership (PPP) projects or altering the limitations for private sector participants in such deals.
Vietnam’s first open-ended fund is rolled out

Vietnam’s first open-ended fund is rolled out

VinaWealth Fund Management Joint-Stock Co. held the country’s first open-ended domestic fund IPO showcase last week.
Curtain call for road fund

Curtain call for road fund

State authorities are busy for the launch of central road maintenance fund to debut in 2013.
Chevron commits $1 million to help fight HIV/AIDS in Vietnam

Chevron commits $1 million to help fight HIV/AIDS in Vietnam

Today, Chevron Vietnam Ltd., a subsidiary of Chevron Corporation (NYSE: CVX), announced that Chevron Vietnam and the US Fund for the Global Fund to Fight AIDS, Tuberculosis and Malaria are partnering with the Vietnam Administration for HIV/AIDS Control (VAAC) of the Ministry of Health to help prevent mother to child transmission of HIV in Vietnam.
Investment funds take action

Investment funds take action

Some foreign investment funds are strongly buying back their shares amid the Vietnamese stock market’s continuing tumble.
SSC seeks REIT input

SSC seeks REIT input

The State Securities Commission, seeking ideas for introducing real estate investment trusts into the nation’s financial landscape, is seeking public responses to a draft circular.
Social insurance conundrum

Social insurance conundrum

Ensuring social insurance fund payment stability remains a pressing question.
Petrol price stabilisation fund needs a new management form

Petrol price stabilisation fund needs a new management form

Many enterprises have incurred losses and unfair treatment due to mismanagement of the petrol price stabilisation fund.
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