The Hanoitimes – Favorable stock market and positive economic growth have helped large banks to step up divestment from other peers to meet the central bank’s regulation on holding shares at other credit institutions. After success in divesting all stake holding in Orient Commercial Bank (OCB) recently, Vietcombank will put 53.4 million shares of Military Bank […]
Read MoreThe Hanoitimes – The central bank has proposed issuing detailed regulations on foreign shareholding limit in the country’s fintech firms to better manage the nascent financial services sector. Experts have said that it is good for Vietnam as foreign investors are interested in the country’s fintech industry thanks to its high growth potential. As Vietnamese fintech […]
Read MoreThe Hanoitimes – Preferential policies in the renewable energy industry have helped Vietnam lure more foreign investors to enter the industry rapidly through mergers and acquisitions (M&As) with local peers. Thailand’s B Grimm Power Plc has recently announced the completion of a US$35.2 million acquisition of a solar photovoltaic power projects in Vietnam. Specifically, BGRIM, through […]
Read MoreThe Hanoitimes – FPT sets the target of turning into the world-class DT service provider, stated Truong Gia Binh, FPT`s chairman. Vietnam’s leading IT services provider FPT and Danish brewer Carlsberg have signed a global framework contract whereupon FPT has officially become Carlsberg’s technology partner, stated the former on its website. Under the agreement, FPT will […]
Read MoreThe Hanoitimes – In 2018, inflation is estimated at 4% year-on-year, the highest level since 2014. Due to external and internal risks, including tightening of monetary policies and trade tension in the global economy and higher inflation of the local economy, interest rates in Vietnam are expected to rise in 2019, according to Viet Dragon Securities […]
Read MoreCambodia and Vietnam have agreed to boost their bilateral trade figures to $5 billion with the acceleration of a border trade agreement following an increase in trade volume between both countries. As quoted by Kao Kim Huon, the minister attached to the PM’s office, Prime Minister Hun Sen who met with his Vietnamese counterpart Nguyen Xuan […]
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