Europe firms may purchase 49 percent in local banks Business

Europe firms may purchase 49 percent in local banks

The Vietnamese Government may allow European financial firms to buy up to 49 percent of only two local commercial banks, Nguyen Thi Thu Trang, Director of the WTO Integration Centre at the Vietnam Chamber of Commerce and Industry, said on October 23.
RoK asks Indonesia, Vietnam to boost financial cooperation World

RoK asks Indonesia, Vietnam to boost financial cooperation

The Republic of Korea's Financial Supervisory Service (FSS) said on March 21 that it has asked Indonesia and Vietnam to step up cooperation in the financial sector, in line with Seoul's policy aimed at deepening ties with Southeast Asia.
PM talks with Japanese real estate, financial firms Business

PM talks with Japanese real estate, financial firms

Prime Minister Nguyen Xuan Phuc had meetings with representatives from leading infrastructure and financial enterprises of Japan on October 9 as part of his activities on the sidelines of the 10th Mekong-Japan Summit in Tokyo.
Consumer finance arms race Business

Consumer finance arms race

Consumer finance companies are offering various promotions to customers, aiming to enlarge their share in an increasingly competitive market.
VN Index to rise amid volatility, weak liquidity Business

VN Index to rise amid volatility, weak liquidity

Vietnamese shares are forecast to extend their growth in the final week of August by a marginal rate while volatility is widely expected by analysts as buyers are believed to be cautious due to the lack of news that could bolster optimism in the market.