Speed up plan for stock market status upgrade: PM
Prime Minister Pham Minh Chinh has asked the Finance Ministry to identify measures for ensuring an upgrade in Vietnam’s stock market status to “emerging market” from “frontier market” in order to lure more foreign investment into the country.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Pre-funding requirement to be eased for foreign stock investors
The Ministry of Finance will offer competent authorities a feasible solution to the pre-funding issue for investors, especially foreign ones, said Deputy Minister Nguyen Duc Chi on Thursday.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam stock market may see $4 bln in foreign buying with upgrade
Foreign funds may purchase around $3.5-4 billion worth of Vietnamese shares if the country’s stock market status is upgraded by two global index providers MSCI and FTSE, BIDV Securities JSC (BSC) has said in a report.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam touts stock market upgrade to American investors
Vietnam's government is determined to remove the obstacles facing a market upgrade, thereby making the domestic stock market an attractive investment and business destination for domestic and foreign investors, said Chairwoman of the State Securities Commission (SSC) Vu Thi Chan Phuong.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam aims for stock market status upgrade by 2025: minister
The Vietnamese government is striving to have the country's stock market status upgraded to an emerging market by 2025 to lure more foreign investment, Minister of Finance Ho Duc Phoc has said.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam needs to meet higher standards for market status upgrade: expert
Vietnam, now classified as a “frontier market” by both the U.S.’s Morgan Stanley Capital International (MSCI) and the UK’s FTSE Russell, needs to meet the higher standards of these organizations to get its status elevated to an “emerging market”, writes Can Van Luc, chief economist at Hanoi-based BIDV bank.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam stock market status upgrade: officials, experts to discuss implications
A conference on Tuesday will discuss information disclosure by listed firms and other implications of an upgrade to Vietnam’s stock market status.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam stock market upgrade hard to achieve if prefunding issue not fixed: regulator
Prefunding requirement and foreign ownership limit are now the largest obstacles facing the upgrade of the Vietnamese stock market and will require practical coordination between relevant ministries and agencies to remove.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dung Quat oil refinery expansion priced at over $1.2 billion
Vietnam’s government has decided to expand the Dung Quat oil refinery's capacity to 171,000 barrels a day by 2028 from the current 148,000 barrels, with an investment of more than $1.2 billion.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Deputy PM requests overall plan for Con Dao airport upgrade
Deputy Prime Minister Tran Hong Ha has requested the Ministry of Transport to prepare an overall investment plan for the upgrade and expansion of Con Dao Airport offshore the southern province of Ba Ria-Vung Tau.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Upgrade of major southern Vietnam marine passage to start in February
The Ministry of Transport has approved a project worth over VND1.4 trillion ($59.4 million) to upgrade the channel to major port cluster Cai Mep-Thi Vai in southern Vietnam.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major upgrade proposed for airport in Lam Dong province
The Civil Aviation Authority of Vietnam has proposed that the Lien Khuong airport in Lam Dong province be upgraded to serve five million passengers by 2030.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
$1.25 bln Danang airport upgrade to handle 30 mln passengers
The central city of Danang plans to mobilize VND30,999 billion ($1.25 billion) for upgrading and tripling its airport’s capacity to 30 million passengers a year by 2050.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Moody's upgrades Vietnam’s rating
Moody's has raised Vietnam's rating from Ba3 to Ba2, meaning outlook changed from positive to stable.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Upgrade plan scheduled for Cam Ranh int'l airport
A VND24,311 billion (over $1 billion) upgrade plan is proposed for Cam Ranh International Airport in tourism hotspot Khanh Hoa as demand far exceeds passenger capacity.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
S&P Global Ratings upgrades Vietnam economic outlook
Credit rating agency S&P Global Ratings has revised up Vietnam’s long-term sovereign credit rating to BB+, a "stable" outlook.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam to invest $60 mln in Con Dao airport upgrade
The Ministry of Transport wants the Airports Corporation of Vietnam (ACV) to spend VND1,400 billion ($60.96 million) on upgrading Con Dao airport in the Con Dao archipelago, home to the jail system dating back to the French colonial time.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
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