Share issuance costs offset method

Investors watch stock movements in front of a big screen. (Photo cafef.vn) Hanoi (VNS/VNA) - Minister of Finance Ho Duc Phoc has responded in writing to a NA delegate of Lam Dong province on issues related to the management of capital, stock and bond market s. Minister Phoc said that the capital market 's growth rate was over 28.5% a year in 2016-2021, while the stock and corporate bond markets grew over 30% a year. This gradually narrowed the gaps between these markets with the bank credit market and balanced them. Total capital mobilisation in the capital market, including the issuance of stocks, bonds, and equitisation auctions in 2021, reached over 1.12 quadrillion VND, equivalent to 38.7% of the total investment capital of the whole economy. The Ministry of Finance (MoF) assessed that the capital market had played an essential role in mobilising medium and long-term capital for investment in economic development and balanced development between the monetary … [Read more...] about MoF transfers 35 unusual stock mark cases to investigation unit

Truong Hai Auto Corporation (THACO), a typical successful firm in Vietnam's automobile sector, has been investing heavily in mechanics and the manufacturing of accessories. THACO leaders shared the firm’s journey to resolve the issue: increasing the localization rate or surrendering to auto imports flooding the local market. They also shared the one-stop model to help other Vietnamese enterprises cooperate to develop, thereby improving the internal power of Vietnam’s industry. THACO chairman Tran Ba Duong said at a meeting with mechanical enterprises that “you have technology and machinery. We will build factories and lease them at low prices.” “If we fail to demonstrate our commitment, you can take your machinery away. “We will not go back on our words. Only actual acts and thoughts will create values." Refreshing itself by enhancing investment Returning to Chu Lai Industrial Park in central Quang Nam Province nearly three years after Tuoi Tre (Youth) newspaper held … [Read more...] about Vietnam’s THACO and philosophy of no surrender

The Ministry of Industry and Trade has decided to impose trade remedies against sugar products imported from five ASEAN countries that use Thai sugarcane. — VNA/VNS Photo The Ministry of Industry and Trade has decided to apply measures to prevent evasion of trade remedies against sugar products imported from five ASEAN countries that use Thai sugar materials. It will impose an anti-dumping duty of 42.99 per cent and an anti-subsidy duty of 4.65 per cent on sugar coming from Laos, Cambodia, Indonesia, Malaysia, and Myanmar. However, the imported products will not be subject to the anti-evasion measures if proven to be made from sugarcane harvested in these countries. The tariffs will take effect seven days after the issuance date of the decision (August 2) until June 15, 2026, unless the decision is superseded by new ones from the ministry. The decision followed an investigation by the ministry’s Trade Remedies Authority which concluded that Thai sugarcane products subject … [Read more...] about Trade remedies imposed on sugar imports from five ASEAN countries

As a social contributor in the United States, Mother Sam was twice granted the presidential lifetime achievement award for her social devotion. Ai Hong Sam, a Vietnamese-American doctor, has fostered hundreds of children for a simple reason that is “allowing these orphans to call me 'mom' as they have long desired.” At that time, the Vinh Son orphanage in Thong Nhat Ward under Kon Tum Province, located in the Central Highlands region of Vietnam, was struggling to survive as it was home to hundreds of orphans, who were in desperate need of nurturing. Once in a while, charitable groups or individuals paid them a visit and were able to assist in extremely difficult times. One day, a woman from distant America found out, gradually got to know them, and voluntarily took on the burden. Every single thing is confided to Mother Sam Sam and the nuns in the orphanage are sharing the tasks with one another. While the nuns are in charge of looking after the children, she travels … [Read more...] about Mother Sam’s ‘superhuman strength’ supports 300 children in Vietnam

As BNPL allows consumers to spread the cost over multiple instalments and attracts those who cannot, or would not, purchase goods or services by paying the price in full, these conditions create the ideal opportunity for BNPL service providers. Bui Ngoc Hong-Partner, LNT & Partners Despite the opportunity, the BNPL landscape in Vietnam remains slow-moving. This is partly due to the fact that Vietnam does not have a clear legal framework regulating the method. Even the sandbox scheme for fintech activities still remains in the legislative pipeline. In addition, even if a BNPL platform owner cooperates with traditional bank lenders, the parties need to deal with a significant gap between the strict regulatory web the traditional lenders are subject to, and the fintech providers’ need to “move fast and break things”. For those reasons, BNPL ventures find it hard to enter the Vietnamese market, unless they are equipped with suitable investment structures. In BNPL … [Read more...] about Clearing the way to legal support for BNPL services