Stock market recovering strongly: Experts Business

Stock market recovering strongly: Experts

Vietnam’s stock market has recovered quickly and strongly since the COVID-19 outbreak was brought under control and losses incurred earlier in the year have been reclaimed, a discussion in Hanoi on October 21 heard.
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).
20 years of Vietnam’s stock market Business

20 years of Vietnam’s stock market

The Ho Chi Minh City Securities Center (the forerunner of the Ho Chi Minh City Stock Exchange, or HoSE) held its first trading session in July 2000, marking the birth of Vietnam’s securities market. Two decades later, the market has affirmed its role as an effective capital mobilising channel for the economy, contributing significantly to the equitisation of State-owned enterprises (SOEs) and aimi
Banks report higher profits Business

Banks report higher profits

Banks are reporting better profits for the third quarter this year, with Vietcombank leading the way despite the predicted slowdown in credit growth.
Banks forecast strong performance despite credit slowdown Business

Banks forecast strong performance despite credit slowdown

Most domestic credit institutions and foreign banks’ branches in Vietnam expect their business performance in 2019 to be better than last year despite the predicted slowdown in credit growth, according to the State Bank of Vietnam's latest survey released late last week.