Deputy Head of the Ho Chi Minh City Department of Health Tang Chi Thuong said the health sector has implemented several policies to call for social investment into public medical facilities focusing on PPP (Public-private partnership) between public and non-public medical institutions. They comprise the cooperation between Tumor Hospital and Hong Duc Hospital or between People’s Hospital 115 and Gia An Hospital 115. The cooperation between the two infirmaries has initially produced good efficiency because patients are treated by groups of good physicians and stay in deluxe hospitals with cheap price. This has helped to improve treatment quality and reduce pressure for big infirmaries as well as encouraging investors to pour more investment into private medical facilities out of the city’s policies of social contribution in health sector. However, consultant of DG Medical Company Dr. Dilshaad Ali said that despite Vietnam’s policies of calling for social contribution … [Read more...] about Foreign medical investors expect simplified investment procedures
Foreign institutional investor
Foreign investors exchange 3.9m FPT shares
IT technicians work at FPT Software Village - a tech hub run by IT group FPT Corporation at Hà Nội’s Hòa Lạc High-Tech Park. Foreign investors on Friday traded nearly 3.9 million shares of the IT giant. — Photo vozforumsViet Nam News HÀ NỘI — Foreign institutional investors traded nearly 3.9 million shares of tech firm FPT Corporation on Friday, according to the Vietnam Securities Depository (VSD). Foreign investment fund VOF Investment Limited of the asset management firm VinaCapital sold more than 3.55 million FPT shares to two foreign funds – Florida Retirement System (500,000 shares) and Macquarie Bank Limited (3.05 million shares). The Australia-based fund Macquarie Bank Limited on the same day purchased 330,000 FPT shares from Forum One – VCG Partners Vietnam Fund and SHBNPP Vietnam Security Master Investment Trust. The total value of the deals was not disclosed. FPT Corporation recorded VNĐ23.2 trillion … [Read more...] about Foreign investors exchange 3.9m FPT shares
Derivatives market not alluring to institutional investors yet
Derivatives market has not been much attractive to institutional investors. (Photo: VNA) Hanoi (VNA) – Although derivatives market has proved its role as an effective investment channel, it is still not much attractive to institutional investors. According to the Hanoi Stock Exchange, 98.7 percent of the trading volume came from domestic individuals in August while the participation of institutional players just accounted for a small percentage of 0.76. Foreign transactions in August rose 12.4 percent from July; however, they only made up 0.13 percent of the total trading volume. More than 1.8 million futures contracts were traded in the month, a month-on-month drop of 35.67 percent. The average trading volume of the market was 79,539 contracts per section, down 38.47 percent from the previous month. However, trading account number rose 9.64 percent to 43,453 accounts. Total Open Interests (OI) declined 9.12 percent to 15,320 contracts. With the participation of Rong Viet … [Read more...] about Derivatives market not alluring to institutional investors yet
Foreign funds see profits vanish in market slump
Viet Nam News HÀ NỘI — Volatility on Việt Nam’s stock market in the past two months has dragged down the performance of foreign investment funds here. Việt Nam’s benchmark VN-Index on the HCM Stock Exchange has declined about 18 per cent in the last two months, eating away most of its gains of over 19 per cent in the first quarter of 2018. Since its highest record of 1,204 points on April 9 this year, the VN-Index lost 20 per cent by May 25, closing this week at 963.9 points. In line with the market downtrend, Pyn Elite Fund, the Finland fund which focused on Vietnamese shares, lost all of its gains since the beginning of this year. The net asset value (NAV) of Pyn Elite Fund as of May 15 decreased 0.2 per cent against last month, reaching 315.82 euros. Its assets under management were 436 million euros (US$510 million). In April, it also witnessed a monthly decrease of 1.5 per cent. Investments causing the biggest losses for the fund … [Read more...] about Foreign funds see profits vanish in market slump
SSI Asset Management Company wins Asian Investor magazine award
SSI Asset Management Company is honour to win “Vietnam Onshore Fund House of the Year” title at the Asian Investor magazine’s Asset Management Award for 2018. — VNS Photo Courtesy of SSI SSI Asset Management Company has won the Asian Investor magazine’s Asset Management Award for “Vietnam Onshore Fund House of the Year” title. The annual awards honour outstanding asset managers and asset service providers across the region. This is the fifth time SSIAM has won the award and for the four consecutive year. In its more than a decade of operation, SSIAM has won several prestigious local and foreign awards. SSI Sustainable Competitive Advantage Fund (SSI-SCA) has achieved strong growth, with its value surging from VND118 billion (US$5.16 milion) at the end of 2016 to VNĐ395 billion at the end of last year and VNĐ606 billion now. In overseas markets, SSIAM continues to raise subscription to two investment funds, Andbanc Investments SIF and … [Read more...] about SSI Asset Management Company wins Asian Investor magazine award