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Vietnam’s monetary policies reinforce market confidence

The Hanoitimes – The effective monetary policies taken in the first half of this year have continuously contributed to fueling economic growth and create confidence among investors, experts said. The State Bank of Vietnam, the country’s central bank, followed a pro-active and flexible monetary policy in the first six months, cutting interest rates and working in […]

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Vietnam emerges as appealing destination for foreign funds

The Hanoitimes – High economic growth and market reforms have helped Vietnam become an attractive destination for big foreign investment funds. Warburg Pincus some months ago announced its intention to invest more than US$370 million in Vietnam Technological and Commercial Joint Stock Bank (Techcombank) IPO, in what it said was the largest ever private equity investment […]

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Vietnam: International investors show interest in Vinalines shares

The Hanoitimes – A number of foreign companies are showing interest in becoming major shareholders of debt-laden Vietnam National Shipping Lines (Vinalines). South Korean-based groups Hyundai Motor and SK, Thailand’s Siam Cement Group (SCG) and Belgium’s Ackermans & van Haaren are exploring options to purchase stakes in Vinalines, said Nguyen Canh Tinh, acting CEO of Vinalines.  Consequently, Hyundai […]

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