VPBank to lift chartered capital to 1.22 billion USD Business

VPBank to lift chartered capital to 1.22 billion USD

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) plans to increase its current chartered capital from 15.7 trillion VND (around 691.6 million USD) to 27.8 trillion VND (1.22 billion USD) in 2018, the bank announced at its shareholders’ recent meeting.
VN-Index forecast to continue struggling Business

VN-Index forecast to continue struggling

Vietnam’s benchmark VN-Index is forecast to struggle due to uncertain market sentiment this week, with eyes on the two exchange-traded funds (ETFs) set to finish reviewing their portfolios on March 16.
Vincom Retail poised to join ETF portfolios Business

Vincom Retail poised to join ETF portfolios

Vincom Retail could be added into the investment portfolios of the two major foreign-run exchange traded funds (ETFs) on the Vietnamese securities market: FTSE Vietnam ETF and VNM Vietnam ETF.
IPOs needed to improve market Business

IPOs needed to improve market

The Government needs to enlarge the scale of the market and lure more State-owned enterprises to list shares through speeding up their equitisation, according to Luu Trung Thai, Vice Chairman of Military Bank.
Investment in startups expanded Business

Investment in startups expanded

More than 300 enterprises have been certified as science-technology firms, along with 43 organisations recognised to operate in high technology area, according to the Ministry of Science and Technology.
Malaysian firm to partner with Vietnam Business

Malaysian firm to partner with Vietnam

MPOS Vietnam Technology Joint Stock Company and Malaysia’s payment service provider GHL Systems Berhad signed a strategic cooperation agreement on electronic payments in Hanoi on November 8.