Việt Nam, ADB to advance strategic projects with strong economic impact

Expressing appreciation for the Asian Development Bank’s (ADB) nonsovereign lending to Việt Nam’s private sector, Deputy Finance Minister Trần Quốc Phương said the Ministry of Finance will continue coordinating closely with ADB to facilitate such financing within Việt Namm’s legal framework, thereby enhancing the effectiveness of direct lending to private enterprises without government guarantees.

Bancassurance operations undergo restructuring

Banks are increasingly moving beyond insurance distribution by taking stakes in insurers, reflecting a strategy to generate more stable fee income through customer ecosystems and long-term insurance services.

Materials, manufacturing industries seen as pillars of economic ambitions

At a conference on Việt Nam’s materials industry and manufacturing sector in a new development era held on June 15, policymakers, industry leaders and experts outlined institutional and policy reforms aimed at transforming the materials and manufacturing industries into foundational pillars of the economy. 

Việt Nam tightens rules on corporate bond issuance

The decree defines corporate bonds as securities with maturities of at least one year issued by enterprises to confirm the lawful rights and interests of bondholders with respect to a portion of the issuer's debt.

Việt Nam, EU enhance cooperation in green finance

The Vietnamese Ministry of Finance wishes to strengthen cooperation with the European Union (EU) in green finance, digital finance, capital market development, public finance management and the adoption of international financial standards, Minister Ngô Văn Tuấn told Ambassador Julien Guerrier, head of the EU Delegation to Việt Nam, on June 15.

Market inches higher, boosted by securities stocks

The standout feature of the session was a sharp breakout in the brokerage sector. Several names reportedly climbed to their daily ceiling limit, including Techcom Securities (TCX), VPBank Securities (VPX) and Vietinbank Securities (CTS).

Saigontel raises investment capital in Đông Triều IP project

Saigontel increases the total investment capital for the construction and operation of infrastructure at the Đông Triều Industrial Park (IP) project in Quảng Ninh Province from about VNĐ1.52 trillion (US$57.8 million) to almost VNĐ2 trillion, according to a resolution recently approved by the Board of Directors of Saigon Telecommunication & Technologies Corporation (Saigontel, HOSE: SGT).

NEWS FROM MEDIA-OUTREACH

E-paper