Deputy Prime Minister Vuong Dinh Hue received Chairman of the China Taiping Insurance Group Luo Xi in Hanoi on November 12, welcoming the firm’s intention to invest in the insurance market of Vietnam.
Singapore will launch a green investment programme worth 2 billion USD, which aims to provide capital for “green” funds in the country, Education Minister Ong Ye Kung said at the Singapore FinTech Festival on November 11.
The Vietnamese Government will create the most favourable conditions for firms from the Republic of Korea (RoK) to operate successfully in Vietnam, Prime Minister Nguyen Xuan Phuc said on November 11.
Deputy Prime Minister Vuong Dinh Hue has suggested that the International Financial Corporation (IFC) buy stakes in Vietnam’s major commercial banks when meeting with the IFC Chief Operating Officer Stephanie von Friedeburg in Hanoi on November 7.
The State Treasury mobilised more than 3.3 trillion VND (142.16 million USD) through the latest G-bond auction on the Hanoi Stock Exchange (HNX) on November 7.
The State Treasury has mobilised nearly 174.2 trillion VND (around 7.5 billion USD at current exchange rate) through Government bond auctions on the Hanoi Stock Exchange (HNX), fulfilling 70 percent of the yearly plan.
Vietnam’s credit growth is slowing and can fall behind the central bank’s target of 14 percent for 2019, causing concerns that it could make it difficult for businesses to access bank loans during the remaining months of the year.
Nearly 9.6 trillion VND (417.3 million USD) worth of bad debts were handled each month from August 15, 2017 to August 31, 2019, or 4.7 trillion VND higher than that during the 2012 – 2017 period.
The Vietnamese Ministry of Finance (MoF) has said that Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.
More than 150 enterprises successfully issued bonds worth total 179.1 trillion VND (7.7 billion USD) in the first nine months of this year, a report on the Hanoi Stock Exchange bond market showed on October 8.
Vietnam and Cambodia have issued a joint statement on the occasion of the Vietnam visit by Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen from October 4 – 5 at the invitation of his Vietnamese counterpart Nguyen Xuan Phuc.
SSI Securities Corporation (SSI) again had the biggest stock-brokering market shares on both Hop Chi Minh and Hanoi stock exchanges in the third quarter of the year.
The derivatives market recorded a sharp fall in the number of transactions in September compared to the previous month, according to the Hanoi Stock Exchange (HNX).
The World Bank (WB) and the State Bank of Vietnam (SBV) on October 1 inked a grant agreement worth 2.2 million USD to implement a project aimed at strengthening the soundness and resilience of Vietnam’s banking sector.
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