Ministries need to complete regulations for equitisation of SOEs

Ministries and sectors by the end of the year need to complete legal documents relating to the equitisation of state-owned enterprises, Deputy Prime Minister Vương Đình Huệ said at a meeting of the Steering Committee for Innovation and Development of Businesses held in Hà Nội on July 8.

New firms up almost 4% in H1 About 67,000 new enterprises were registered in the first half of this year, the highest number of the first six months in the last five years, according to the Ministry of Planning and Investment.

UK investors concerned about Vietnamese market institutions The three biggest concerns for UK investors when investing in Việt Nam were labour, State influence over the market and infrastructure.

Developing bond market can help satisfy demand for capital Vietnamese enterprises are in dire need of capital to expand production and business, but the current development of the capital market cannot meet this demand. While the stock market and government bonds are gradually helping raise capital, the corporate bond channel has not developed as expected. Đỗ Ngọc Quỳnh, general secretary of the Việt Nam Bond Market Association, spoke with the Vietnam News Agency about the mechanism's inadequacies, credit ratings and information disclosure on the capital market

Banks rush to issue bonds for long-term capital hike Local banks have started issuing a large amount of bonds to raise capital to meet State Bank of Việt Nam (SBV)’s stricter regulations on credit safety limits and capital adequacy.

19 State-owned groups to be under financial supervision The Commission for the Management of State Capital at Enterprises (CMSC) this year will oversee the finances of 19 State-owned groups and corporations.

Stock market needs more new products

National Citizen Bank approves capital hike and restructuring plan in 2019 Việt Nam’s economy is forecast to maintain positive performance in 2019, despite the many difficulties for the banking system

HDBank targets profit up 27 per cent

Việt Nam's Housing Development Bank (HDBank) plans to collect VNĐ5.07 trillion (US$217 million) in pre-tax profits this year, an increase of 27 per cent compared to 2018.

Banks forecast further improvements A majority of credit institutions in the country said their business performance in the first quarter of 2019 was better than the same period last year, according to the State Bank of Việt Nam’s March survey released late last week.