Banks urged to ready for new rules Business

Banks urged to ready for new rules

Despite a draft roadmap to apply International Financial Reporting Standards 9 (IFRS 9) compulsorily in Vietnam from 2025, domestic banks should start preparations now as the complex norms have proved a major challenge for global financial institutions, experts have said.
Indonesia’s external debt still under control: BI World

Indonesia’s external debt still under control: BI

Indonesia’s external debt remained under control at healthy levels, apparent from its about 37 percent external debt-to-Gross Domestic Product ratio at the end of February, relatively unchanged from the earlier month and within the average of peer nations, according to a statement from the Bank Indonesia (BI).
Thailand to submit request to join CPTPP World

Thailand to submit request to join CPTPP

Thai media on February 9 quoted Deputy Prime Minister Somkid Jatusripitak as saying that he had ordered the Commerce Ministry to submit a request to become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
HoSE listing remains a gamble Business

HoSE listing remains a gamble

The Ho Chi Minh Stock Exchange (HoSE) has recently accepted or looks set to accept the listing of three more large-cap companies, but questions remain following a volatile year for the market.
Top ten outstanding banking events of 2018 Business

Top ten outstanding banking events of 2018

In 2018, the banking sector witnessed many achievements such as increasing foreign exchange reserves, remittances, and profit, but also faced challenges in interest and foreign exchange rates.
UPCoM looks to boost investor confidence Business

UPCoM looks to boost investor confidence

The Unlisted Public Company Market (UPCoM) has gained less attention compared to the Ho Chi Minh and Hanoi stock exchanges in the past few months, but there are some names expected to boost investor confidence.
State’s divestment plan set for failure Business

State’s divestment plan set for failure

As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.
Shares dragged down by blue-chips Business

Shares dragged down by blue-chips

Vietnamese shares declined on April 13 as the market reversed quickly at the end of the trading session, dragged down by blue chips in banking and energy.