Vietnam’s SeABank halts plan to sell shares to Norway investment fund

Vietnam’s SeABank halts plan to sell shares to Norway investment fund

Vietnamese lender SeABank, listed on the Ho Chi Minh Stock Exchange as SSB, has decided not to proceed with a planned sale of shares to the Norwegian Investment Fund (Norfund), the bank announced Friday.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Foreign players may pour $8 bln into Vietnam shares on market status upgrade: VinaCapital

Foreign players may pour $8 bln into Vietnam shares on market status upgrade: VinaCapital

Foreign investors will likely put between $5 billion and $8 billion into Vietnamese securities if the local stock market is elevated to an emerging one from its current frontier status, a VinaCapital executive has said.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Major private lender VPBank to raise foreign ownership limit to 30%

Major private lender VPBank to raise foreign ownership limit to 30%

VPBank, Vietnam’s biggest lender in terms of charter capital, will increase its foreign ownership limit to 30%, from 17.642% at end-2022.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central bank may lift foreign ownership limit at three banks

Central bank may lift foreign ownership limit at three banks

The State Bank of Vietnam is mulling over lifting the foreign ownership limit at HDBank, MBBank and VPBank, said brokerage house Yuanta Securities Vietnam.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7