Billion dollars in cash

According to Yuanta Vietnam, about 76 per cent of the sum stems from mutual funds, followed by exchange-traded funds (ETFs) with a rate of 11.5 per cent. The rest are foreign investment organisations and individuals with 9.1 and 3.2 per cent, respectively. … [Read more...] about Foreign investors withdraw hundreds of millions of dollars from local stock exchange

Director of Nestle's Bong Sen Factory Pierre Morin congratulated the Vietnamese Government and the Ministry of Health for their effective preventive measures in the COVID-19 fight, and at the same time appreciated the tireless efforts of Vietnamese medical staff. … [Read more...] about Nestlé donates 88,000 medical face masks to MoH

Online gamblers are detained by the Hung Yen police. The police of Hung Yen Province have cracked down on a large online gambling ring worth over VND20 trillion – PHOTO: TNO HCMC – The police of Hung Yen Province have cracked down on a large online gambling ring worth over VND20 trillion and arrested 20 individuals. … [Read more...] about Hung Yen police bust large online gambling ring

Investment of billions of dollars into renewable energy has been a frequent topic of discussion at recent shareholders’ meetings of power companies. In the last two years, BCG planned to invest VND15 trillion in six projects in Long An and VND9 trillion in three projects in Ben Tre. … [Read more...] about The rush for renewable energy

Though credit growth is expected to be only 9-10 percent this year compared to 13 percent last year, paradoxically some banks have nearly reached their full-year credit quota and are asking the central bank for more credit quotas as they have nearly reached the threshold. … [Read more...] about Bank lending expected to get out of coronavirus doldrums soon