The Ho Chi Minh City Stock Exchange introduced three new stock indices, including VNDiamond, VNFin Select, and VNFin Lead, based on the investment requirements of local funds, to meet the market’s diverse needs. In addition, SSIAM, VFM, VinaCapital and some other fund management companies have plans to launch ETFs based on new indices. … [Read more...] about Vietnam’s stock market issues healthy outlook
Foreign banks in vietnam
IFC raises trade finance limits for VIB to $144 million
Joining GTFP in 2011, VIB has had the trade finance limit increased by IFC five times. Total disbursement for VIB via IFC’s guarantee in 2019 reached over $120 million. That helped the bank effectively sponsor small- and medium-sized businesses operating in the fields of import and export. … [Read more...] about IFC raises trade finance limits for VIB to $144 million
BUSINESS NEWS HEADLINES FEB. 27
“Leveraging IFC’s global experience in responding to several economic crises in the past, the decision to increase trade limits is an effort to ensure continued trade flows during this challenging phase. The expanded trade finance line will help mitigate trade finance risks, thus softening the impact of COVID-19 on the Vietnamese economy and the private sector,” said Mehmet Mumcuoglu, IFC Financial Institutions Group Manager for East Asia and the Pacific. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 27
Blue chips lead as VN-Index edges up
All other stocks in the banking sector gained this session, save for VCB of state-owned lender Vietcombank, which shed 1.2 percent. The biggest gainers were all private bank tickers, including TCB of Techcombank, up 1.8 percent, and HDB of HDBank, up 1.1 percent. … [Read more...] about Blue chips lead as VN-Index edges up
Fresh policies to foster private health funding
Alongside that, the Ministry of Planning and Investment is completing the draft Law on PPP after meeting with senior economists and experts to get their comments for the latest version only a few days ago, with a number of breakthrough changes in the years-long concerns over form of PPP the form of investment, minimum requirements, state approval of plans, investment incentives and protection, with and land use support are being included. … [Read more...] about Fresh policies to foster private health funding
