M&A value reaches 5.43 billion USD in seven months Business

M&A value reaches 5.43 billion USD in seven months

The value of the merger and acquisition (M&A) deals in Vietnam reached 5.43 billion USD in the first seven months of this year, according to data released on July 23 by the AVM Vietnam, a co-organiser of the Vietnam M&A Forum 2019.
Gifts presented to Overseas Vietnamese in Cambodia Society

Gifts presented to Overseas Vietnamese in Cambodia

The labour union of the Bank for Investment and Development of Vietnam (BIDV) on July 5 presented gifts to 10 overseas Vietnamese in Cambodia who are wounded soldiers, relatives of war martyrs, and people who rendered services to the homeland.
Vietnam becomes ninth largest trade partner of Myanmar Politics

Vietnam becomes ninth largest trade partner of Myanmar

Trade between Vietnam and Myanmar reached 860 million USD in 2018, making Vietnam the 9th largest trade partner of Myanmar, it was reported at a meeting between Deputy Prime Minister Vuong Dinh Hue and Myanmar Minister of Planning and Finance Soe Win on June 18.
Banks struggle to lure long-term capital Business

Banks struggle to lure long-term capital

Banks have to mobilise long-term capital at high costs by issuing certificates of deposit (CD) in Vietnamese dong with high interest rates to lure depositors, causing concerns about a domino effect on lending rates.