Category: Vietnam
Foreign ownership cap in local banks to rise
Foreign investors can own stakes exceeding the prescribed limit in local banks, says a draft decree prepared by the State Bank of Vietnam (SBV). The decree is drawn up to [...]
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Greenback expensive at some banks
A number of banks lowered their US dollar prices in the last 48 hours, but others are still quoting the greenback at high levels, hitting the ceiling of VND21,036 for a [...]
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Trillions of dong worth of capital left unused, wasted
Commercial banks have reported they have hundreds of trillions of dong left in their coffers. Tens of trillions of dong have been kept at securities accounts. Many [...]
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Bank shares remain unattractive
Securities prices of listed banks were stable but they are not likely to go up in the current bleak market. Besides, rising bad debt pushed risk provision higher; thus made [...]
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Government and localities owe enterprises 200tr dong
In a press conference with State Bank (SBV) and economists on 21st May, good and bad news were revealed: Decree to set up a Vietnam Assets Management Company (VAMC) was [...]
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VAMC Only Buys Debts Satisfying Five Conditions
The local newswire TTVN.vn reported that Vietnam’s much-anticipated asset management company (VAMC), scheduled to come into life from July 9, would only buy bad loans [...]
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VAMC Can Auction Collaterals of Debts Purchased, Decree Says
The Vietnam Asset Management Company (VAMC) can auction collaterals of debts that it has purchased from banks, unless the related parties negotiate to do otherwise, the local [...]
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Seeking opportunities on Lao Securities Exchange
With the possible listing of some state-owned enterprises (SOEs) and the establishment of the third securities company, especially the launch of online trading system and the [...]
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Firm hand on asset tiller buoys market
The market was given a boost after the prime minister approved the establishment of a national asset management corporation (VAMC), which helped maintain the uptrend on both [...]
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VN Index gains 2.05 points on May 22
At the time of closing the trading session on May 22, the VN Index of Hochiminh Stock Exchange (STC) gained 2.05 points, to end at 502.23 points with 114 gainers, 77 others [...]
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Stock market gets rise
The VN Index on the HCM Stock Exchange gained 0.41 percent to finish the session at 502.23 points on May 22. The market volume was down 25 percent from the May 21 session, [...]
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May 22: Foreigners Continue to Net Buy on Both Bourses
Foreigners were net buyers of Vietnamese shares on both the Hochiminh Stock Exchange and on the Hanoi Stock Exchange today, level of participation stayed high. These players [...]
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May 22: UPCoM-Index Closes Higher
The UPCoM-Index, the measure of 135 unlisted public companies higher today. The index rose 0.13 point or 0.31 percent to 42.19. The market volume was 162,424 shares worth of [...]
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VHG to delist if restructuring fails
Beleaguered Viet Han Investment and Production (VHG) would delist if its restructuring plan failed, according to the company’s recent annual meeting. The board of [...]
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FPT online pays ‘high’ dividend
FPT Online Service Joint Stock Co (FPT Online) announced to pay dividend of the first phase 2013 in cash at a rate of 30 percent for shareholders on May 20. The payment date [...]
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