Vietnam Growth Investment Fund established Business

Vietnam Growth Investment Fund established

The SSIAM Asset Management Company Limited (SSIAM) and its partners, the Charoen Pokphand Group’s CT Bright (CTB) and Japan’s Mercuria Investment Co. Ltd (MIC), held an online signing ceremony on October 14 to establish the Vietnam Growth Investment Fund (VGIF).
Industrial park stocks attractive post-pandemic Business

Industrial park stocks attractive post-pandemic

Despite short-term difficulties, the prospects for industrial park stocks will increase after the COVID-19 pandemic is over, driven by the relocation of global firms to diversify supply chains, with many picking Vietnam as their destination.
Local ETFs draw foreign attention Business

Local ETFs draw foreign attention

The domestic exchange-traded fund VFMVN Diamond (HoSE: FUEVFVNĐ) on September 8 issued an additional 300,000 certificates to raise the total amount of certificates to 148.3 million.
Banks’ profit forecast to drop significantly in H2 Business

Banks’ profit forecast to drop significantly in H2

The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1 percent compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.
Vietnam's beer market slowly recovers Business

Vietnam's beer market slowly recovers

Domestic beer consumption in the second half of the year is expected to improve over the first six months, while next year the beer industry can grow by 20 percent compared to the low base this year.
Securities firms enjoy strong Q2 gains Business

Securities firms enjoy strong Q2 gains

After touching bottom in the first quarter of 2020 because of COVID-19, Vietnam’s stock market staged a strong comeback in the following quarter, allowing securities firms to enjoy sharp increases in both revenue and profit.