Upcoming EVFTA to fortify lenders, illustration photo The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement are set to amplify European giants’ presence in Vietnam. After the trade deal moves into effect, Vietnam will lift some limits on foreign ownership in local banks to 49 per cent in the next five years, with the exception of the four joint-stock commercial banks in which the state still holds a controlling stake. … [Read more...] about Upcoming EVFTA to fortify lenders
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VN-Index rises in weekend session as liquidity falls
The other major losers were a mixed bag, with NVL of real estate developer Novaland dropping 1.1 percent, TCB of private Techcombank and CTD of construction giant Coteccons both shedding 1 percent, and BVH of insurance giant Bao Viet Group down 0.9 percent. … [Read more...] about VN-Index rises in weekend session as liquidity falls
