Corporate

Most individual investors were domestic and they bought a total of VND26.5 trillion worth of bonds or 9.64 per cent of the total on the primary market. The figure may be higher as individual investors also bought in the bonds that had been issued on the secondary market. … [Read more...] about Information disclosure key issue for corporate bond issuance

An Binh Commercial Joint Stock Bank (ABBANK) and the Liter of Light Vietnam Project have organised "An Binh Tet - Liter of Light 2020", which has presented a solar light system to five poor villages in Binh Phuoc Province’s Dak O Commune. — Photo giaoducthoidai.vn … [Read more...] about ABBANK aids solar campaign

His appointment is an indication HSBC Viet Nam seeks to support multinational companies, especially Korean, delivering financial services to those with production facilities in this country more efficiently. … [Read more...] about HSBC gets new international subsidiary banking head

Hanoi (VNA) – A majority of groups and corporations fulfilled 2019 targets assigned by the Committee for Management of State Capital at Enterprises (CMSC), heard a conference in Hanoi on January 16. CMSC Vice Chairman Ho Sy Hung said the total revenue of 19 groups and corporations surpassed 1.48 quadrillion VND (64.2 billion USD) in 2019, up 6.4 percent year-on-year. Their before-tax profit went up 28 percent to over 99.8 trillion VND. Their revenue to the State budget surpassed 221 trillion VND, up 17.6 percent from 2018. The CMSC pointed out that several works are less efficient, causing losses of State capital and assets, while restructuring, equitisation and divestment in State-owned enterprises (SOEs) remain slow. Speaking at the event, Prime Minister Nguyen Xuan Phuc asked the enterprises to perform better in terms of revenue and governance, as well as promptly deal with existing difficulties. CMSC Nguyen Hoang Anh said the committee will continue … [Read more...] about Majority of groups, corporations fulfil 2019 targets

He agreed that the corporation will continue 42 business lines from the existing 71, withdraw capital from joint ventures, rearrange 21 constituent departments in the new restructured organization, privatize its 11 one member limited liability companies by 2017, and build up a business strategy until 2020 with a vision towards 2030. … [Read more...] about Projects restructuring military corporations approved