Compared to 2019’s version, the new list saw the inclusion of Orient Commercial Joint Stock Bank (OCB) and removal of Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank), Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) and Vietnam International Commercial Joint Stock Bank (VIB). … [Read more...] about MoF announces 13 market makers for debt market
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Finance Ministry announces 13 market makers for debt market
According to the Government’s Decree No. 95/2018 / ND-CP, three securities firms, nine commercial banks and a member company of Agribank are identified as the market makers of government debt instruments, which are known as G-bonds, government-guaranteed bonds or Government notes. … [Read more...] about Finance Ministry announces 13 market makers for debt market
Capital assignment tax won’t affect FDI and M&A: experts
The securities company’s analysts believe that the capital assignment tax isn’t the decisive factor that will affects investor decisions on whether to invest in Vietnam. The investor climate in Vietnam and the health and prospects of the businesses they plan to invest in are most important … [Read more...] about Capital assignment tax won’t affect FDI and M&A: experts
The shape of things to come in Vietnam’s M&A domain
That may herald a long-awaited change to another way of importing much-needed capital: lifting the foreign ownership limits (FOLs) in banks set out in Decree No.01/2014/ND-CP on foreign investors’ FOLs at Vietnamese credit institutions (currently capped at 30 per cent). But the narrative for payment intermediary businesses is trending the other way – a draft decree that may be passed in 2020 may create a new 49 per cent foreign ownership. … [Read more...] about The shape of things to come in Vietnam’s M&A domain
Equitisation, divestment of SOEs fail to reach set target again
According to experts, the slow progress was partly due to tougher regulations on equitisation in a bid to ensure the targets, efficiency and transparency. In addition, a number of ministries, sectors and localities have faced difficulties in determining the values of land use and enterprises. Meanwhile, leaders of several SOEs have been afraid of bearing responsibility when dealing with prolonged affairs during the process of equitisation. … [Read more...] about Equitisation, divestment of SOEs fail to reach set target again
