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Foreign funds gear Vietnam’s firms to integration

The Hanoitimes – Many Vietnamese firms have received capital from foreign funds, which have contributed to increasing their competitiveness significantly. Foreign investors have provided more opportunities for Vietnamese firms in the country’s deep international integration process as they are not only involved in financing but also in running invested firms, devising strategies and expanding their markets. […]

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Foreign banks tap into Vietnam’s retail banking

The Hanoitimes – Retail banking and financial services contributed largely to positive business performance of Vietnamese banking sector in the first half of 2018. A growing number of foreign banks have shifted their  focus on Vietnam’s retail banking sector, while local banks saw positive business performances in 2018.  CIMB Bank, the best retail bank in Malaysia […]

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Vietnam reduces securities business requirements: Brokerage

The Hanoitimes – Cut-off and simplification of investment and business requirements are important policies of the government for significant changes in the business environment and competitiveness of the economy. The government on November 7 issued Decree No. 151 to cut off and simplify 117 business requirements in five sectors under the management of the Ministry of […]

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Car sales in Vietnam soar 15% m/m in October

The Hanoitimes – Total sale of car units of members of Vietnam Automobile Manufacturers’ Association (VAMA) in the first ten months of 2018 stood at 223 326 units, up 1% year-on-year. Car sales in October are reported at 28,899 units, up 15% month-on-month and 32% against the same period of last year, according to a monthly […]

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