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

Prefunding requirement, foreign ownership limit major Vietnam stock market bottlenecks

Prefunding requirement, foreign ownership limit major Vietnam stock market bottlenecks

Vietnam has to deal with two stock market bottlenecks – pre-funding requirement and foreign ownership limit, says Dr. Nguyen Son, chairman of the Vietnam Securities Depository and Clearing Corporation (VSDC).

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

False info on foreign ownership may hurt Sacombank: executive

False info on foreign ownership may hurt Sacombank: executive

Sacombank has asked the Vietnam Securities Depository (VSD) to clarify information regarding the bank’s foreign ownership limit of 23.63% because the bank may no longer be able to attract a foreign strategic investor if the ratio reaches 30%, said CEO Nguyen Duc Thach Diem.

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