VNDirect Securities gets new acting CEO VNDirect Securities Corporation (VNDS) on Wednesday appointed an acting chief executive officer (CEO), the company said in a statement.

Stock market a pillar of economic growth

A sustainable stock market would help drive Việt Nam’s economic growth and serve the nation, said Minister of Finance Đinh Tiến Dũng. Dũng made the statement at a ceremony held at the Hà Nội Stock Exchange yesterday to open the first trading session of 2020.

New code of conduct to be introduced in 2020 for brokers and securities firms A new code of conduct will be introduced in 2020 to improve the ethical standards of brokerage firms and brokers, according to the Vietnam Association of Securities Businesses (VASB).

European capital eyes government bond as EVFTA takes effect

The Europe-Vietnam Free Trade Agreement (EVFTA) is the process of being ratified for early 2020. For European investors, it will be a good opportunity to penetrate Việt Nam’s financial sector. Cao Minh Hoàng, investment director of IPA Asset Management, speaks to Việt Nam News reporter Hoàng Sơn about the opportunities and challenges presented by the agreement.

Enlarging the securities market a hard task Expanding the size of the securities market so that it becomes an alternative source of funding for companies beside bank loans remains a hard task for both market regulators and securities companies.

Securities shares boost VN-Index Việt Nam’s benchmark VN-Index advanced to 990 points on Thursday, driven by securities firms and food and beverage companies.

Tân Việt Securities officially joins derivatives market The company on August 23 became the 17th securities firm to be licensed by the HNX to participate in the derivatives market.

Việt Nam monetary policy likely to come under pressure from trade war

On August 23 the State Bank of Việt Nam set the benchmark exchange rate at VNĐ23,127 to the dollar, weakening the đồng by VNĐ5 compared to the previous five days (August 19).

Int’l accounting rules pave way for investment

IFRS standards require complex techniques and accurate assessments such as making estimates of fair value, real interest and losses.

Việt Nam: the destination of foreign capital While investors tend to withdraw capital from emerging markets and frontier markets, Việt Nam is still the destination of foreign investors with foreign indirect investment (FII) in the first half of 2019 reaching US$1.28 billion.