More than 20.8 million shares of Phục Hưng Holdings Joint Stock Company were officially listed on the HCM City Stock Exchange on Wednesday. The shares, coded PHC, will be traded from a starting price of VNĐ15,000 (US$0.64) with total listing value of VNĐ208 billion.
State-owned shipping firm Việt Nam National Shipping Lines (Vinalines) will trade 5.4 million shares on the Unlisted Public Company Market (UPCoM) on October 8.
Military-run telecom group Viettel on Tuesday was honoured as the fastest mobile network in Việt Nam in the first half of this year.
Việt Nam’s benchmark VN Index recovered from Monday’s decline with a robust increase in trading liquidity amid heavy profit-taking pressure.
The Vietnamese Government will continue to support and solidify legal regulations for cashless payment systems, Deputy Prime Minister Vương Đình Huệ told Anthony Tan, CEO and co-founder of Grab – a ride-hailing platform in Southeast Asia which has become popular in Việt Nam over the past five years.
The State Bank of Việt
The Vietnam Frontier Summit 2018, a one-day conference, will take place in Hà Nội on October 6 with the theme ‘Fostering innovation with frontier technologies’.
A wide range of products, technologies and equipment used in the agricultural, forestry and fisheries sectors will be on display at Growtech, an international agriculture–forestry–fishery exhibition to be held in Hà Nội next month.
The model of distributing insurance products via banks (bancassurance) has contributed significantly to increasing insurers’ revenue, but experts warned that the overheating growth of the business could cause insurers to have to pay compensations due to mistakes made by bank employees, who also act as insurance products consultants.
Efficient restructuring of the agricultural sector has brought good results in production and business in the last few months, so the sector expects to gain stronger growth in production and business this year and beyond, said experts.
Việt
Potential economic loss across Asia Pacific due to cybersecurity incidents can hit a staggering US$1.745 trillion, or over 7 per cent of the region’s total GDP.
Football legend David Beckham has kicked-off Viet Nam’s entry into the global automobile market.
The former Manchester United and Real Madrid star was guest of honour, launching the new VinFast cars at the Paris Motor Show on Tuesday.
Organisations and individuals using e-commerce websites will not be required to notify or register with the Ministry of Industry and Trade (MoIT) from October 18.
The Prime Minister has recently approved a project to build a set of criteria to evaluate the corporate development of the country and of each province and city separately.
Hà Nội lured nearly US$6.27 billion in foreign direct investment (FDI) in the first nine months of 2018, up 5.4 times over the same period last year and exceeding the yearly target by 64 percent.
Some online lenders that offer very high interest rates are in fact a form of ‘black’ credit and the State Bank of Việt Nam (SBV) is not responsible for management over such activities, SBV deputy governor Nguyễn Thị Hồng has said.
Việt Nam’s financial marketplace and peer-to-peer (P2P) lending platform Tima has raised US$3 million in Series B funding from Belt Road Capital Management (BRCM), a Greater Mekong-focused private equity fund, Tima announced on Monday.
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