Regional financial co-operation vital in the fight against COVID-19 Regional and financial co-operation are crucial to strengthen the coordination and respond to the impacts of the COVID-19 pandemic and support a sustained economic recovery, participants agreed at a meeting held Friday in Hà Nội.

Ambassador hails warm bonds between Chile and Việt Nam

On September 18, Chile commemorates its National Independence Day. Ambassador Jaime Chomali sends a message to mark the 210th anniversary of independence.  

Companies collect $1.7 billion via bond issuance in August

Companies collected a total of VNĐ38.4 trillion (US$1.7 billion) via bond issuances in August, according to statistics from the Hà Nội Stock Exchange (HNX).

Strategic co-operation deal signed between F88 Business JSC, KB Securities and KB Securities Vietnam F88 Business JSC has just signed an agreement of strategic co-operation with KB Financial Group, the leading financial group in South Korea, via its subsidiaries: KB Securities (Korea) and KB Securities Vietnam (a Việt Nam-based member of KB Securities).

Despite lower interest rates, people still put money in banks

Though the deposit interest rates of commercial banks have been reducing, people are still putting their money into banks amid the pandemic.

HDI Global SE fined US$8,000 for information disclosure, foreign ownership violations The State Securities Commission (SSC) last week issued a fine of VNĐ185 million (roughly US$8,000) to HDI Global SE for violating rules on foreign ownership and information disclosure.

HDBank keeps foreign ownership cap at 21.5% The HCM City Development Joint Stock Commercial Bank (HDBank) has decided to lock the foreign ownership limit at 21.5 per cent of the charter capital.

Plastics industry shrugs off pandemic, interests stock investors

The new wave of Covid-19 infections has caused heavy pressure on the country’s economy. In this uncertain context money flows into the stock market have turned towards firms with good financial capability, reliable operations and attractive dividend policies.

Stock market makes smart recovery in August

The resurgence in Covid-19 in late July had a negative impact on the stock markets then, but thanks to the Government’s control of the outbreak along with economic stimulus and increased public investment, the stock market recovered significantly in August.

Banks’ profit forecast to drop significantly in H2 2020

The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1 per cent compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.