FTSE retains Vietnam in watch list for reclassification to emerging market status
Finance - Thu, March 28, 2024 | 3:39 pm GTM+7
FTSE Russell, one of global index providers, has kept Vietnam in its watch list for possible reclassification to a secondary emerging market from a frontier market currently.
Public companies to disclose information in English from 2025
Public companies will have to disclose information in English, starting 2025, according to a draft circular issued by the Ministry of Finance in line with a request from the State Securities Commission (SSC) of Vietnam.
Finance - Thu, March 21, 2024 | 3:34 pm GTM+7
Moody's upgrades outlook of Techcombank in 2024 to 'stable'
Moody's Ratings has revised the outlook of Techcombank from negative to stable, the U.S. credit rating agency said Wednesday.
Banking - Thu, March 21, 2024 | 2:24 pm GTM+7
Foreign investors to be allowed to trade stocks in Vietnam without pre-funding: draft circular
Foreign institutional investors will not have to deposit 100% of the transaction value before trading stocks in Vietnam, according to a draft circular.
Finance - Thu, March 21, 2024 | 10:54 am GTM+7
Private lender Eximbank asked to clarify inflated 11-year credit card debt
State Bank of Vietnam (SBV) Governor Nguyen Thi Hong has requested private lender Eximbank to urgently handle a controversial case regarding an 11-year credit card debt to protect a customer's legitimate interests.
Banking - Thu, March 21, 2024 | 8:28 am GTM+7
Vietnam third largest cryptocurrency gainer in 2023: US analysis firm
Vietnam ranked third in the world for cryptocurrency gains in 2023, only after the U.S. and UK, with nearly $1.2 billion, according to U.S. blockchain analysis firm Chainalysis.
Finance - Tue, March 19, 2024 | 2:45 pm GTM+7
US Export-Import Bank, Vietnam Development Bank sign $500 mln deal to boost Vietnam imports
Export-Import Bank of the United States (EXIM) and Vietnam Development Bank (VDB) on Monday signed a $500 million memorandum of understanding (MoU) to facilitate the financing of U.S. exports to Vietnam.
Banking - Mon, March 18, 2024 | 5:17 pm GTM+7
VN-Index plunges 20 points with over 1.7 bln in trading value
The benchmark VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), plummeted 20.22 points, or 1.6%, to 1,243.56 on Monday amid strong selling pressure.
Finance - Mon, March 18, 2024 | 5:16 pm GTM+7
State Bank of Vietnam may net withdraw $6.35 bln in ongoing streak
The State Bank of Vietnam will net withdraw an estimated VND100-150 trillion ($6.35 billion) in the ongoing T-bill sales streak that started on Monday amidst the weakening of the dong.
Banking - Sun, March 17, 2024 | 9:30 am GTM+7
Rubber, industrial park stocks attract cash flow
Cash flow ran into industrial park and rubber stocks from March 11-15 with a series of tickers making strong gains.
Finance - Sat, March 16, 2024 | 2:42 pm GTM+7
Vietnam securities firms prepare plans to increase capital as annual meeting season nears
Several securities companies in Vietnam have prepared plans to increase their charter capital for submission at upcoming annual general meetings of shareholders to fit in the growing market.
Finance - Fri, March 15, 2024 | 8:44 pm GTM+7
Major Vietnamese firms call for stable exchange rate
Major Vietnamese companies, including energy giant Petrovietnam, real estate developer Sun Group and national carrier Vietnam Airline, have asked the central bank to keep the VND/USD rate stable amidst global financial turbulence.
Banking - Fri, March 15, 2024 | 4:03 pm GTM+7
Vietnam PM orders lower lending rates, wider credit access
Vietnamese Prime Minister Pham Minh Chinh has asked the central bank and commercial lenders to further lower lending interest rates and facilitate greater credit access.
Banking - Thu, March 14, 2024 | 4:39 pm GTM+7
Vietnam central bank continues cash withdrawals with $1.82 bln in 3 days
The State Bank of Vietnam (SBV), the country’s central bank, withdrew a total of VND45 trillion ($1.82 billion) over three consecutive days ending Wednesday in an attempt to cool the U.S. dollar rally in the country.
Banking - Thu, March 14, 2024 | 11:04 am GTM+7
VN-Index records strongest gain in 4 months
Vietnam’s benchmark VN-Index made an impressive recovery on Wednesday, surging 25.51 points, or 2.05%, to 1,270.5 thanks to rallies in securities, real estate, banking, and steel stocks.
Finance - Wed, March 13, 2024 | 6:40 pm GTM+7
Japan’s Daiwa Securities to expand Vietnam presence, invite others to invest
Tokyo-headquartered Daiwa Securities Group will expand its Vietnam presence and facilitate fellow companies’ investment in the nation’s financial market, an executive said Tuesday.
Finance - Tue, March 12, 2024 | 3:08 pm GTM+7
ADB plans $2.1 bln to aid Vietnam’s energy transition, climate change adaptation
The Asian Development Bank (ADB) plans to offer technical assistance and $2.1 billion for Vietnam’s climate change adaptation per the country’s Nationally Determined Contributions commitment and energy transition.
Banking - Tue, March 12, 2024 | 11:34 am GTM+7
Standard Chartered, IATA partner to launch IATA Pay in Vietnam
Standard Chartered, in collaboration with the International Air Transport Association (IATA), has launched IATA Pay in Vietnam, bringing payment innovation to the Vietnamese airline industry.
Banking - Tue, March 12, 2024 | 11:09 am GTM+7
Vietnam central bank withdraws $609 mln in cash after 4-month hiatus amid weakening VND
The State Bank of Vietnam (SBV), the country’s central bank, on Monday withdrew VND15 trillion ($608.6) million in cash from circulation via a T-bill auction after a four-month hiatus as the local currency has devalued rapidly since the start of the year.
Banking - Tue, March 12, 2024 | 9:55 am GTM+7
Vietnam dong likely to strengthen toward year end: UOB
The Vietnamese dong or VND is expected to strengthen slightly against the U.S. dollar in the latter half of this year, along with the country's economic recovery and the anticipated weakening of the greenback, according to Singapore-based bank UOB.
A year in review and 2024 forecasts - Mon, March 11, 2024 | 4:53 pm GTM+7
- Most Read
Vietnam securities stocks nosedive as cyberattack hits leading broker
Finance - Update 1 day ago
VPS, SSI lead stockbrokers in software investment
Finance - Update 1 day ago
-
VN-Index drops below 1,250-point mark as foreign investors net sell $39.6 mln
-
Vietnam finance ministry mulls incentives to offset global minimum tax
-
Vietnam tech stocks rally on bright prospects
-
VinaCapital Ventures invests in conferencing communication provider Quickcom
-
Korean financial group to purchase stake in Vietnamese broker Infina
- Opinion
-
Central bank inaction on gold fever can have severe economic impacts: economist
Opinion
-
Credit growth limits still appropriate in current Vietnam context: lawyer
Opinion
-
Excessive money supply may put economy into recession: expert
Opinion
-
High costs, uncertain returns deterring AI investment in Vietnam
Opinion
-
Central bank inaction on gold fever can have severe economic impacts: economist
Opinion
-
Credit growth limits still appropriate in current Vietnam context: lawyer
Opinion
-
Excessive money supply may put economy into recession: expert
Opinion
-
High costs, uncertain returns deterring AI investment in Vietnam
Opinion