State securities commission

The SSC concluded that HDG Global SE had hidden its actual ownership in PVI Holdings to avoid eligible information disclosure, which violated an article in Decree 58/2012/NĐ-CP on the implementation of the Law on Securities. In addition, the German insurer also broke FOL rules stated in Decree 60/2015/NĐ-CP dated June 26, 2015 instructing firms to raise their FOL if needed. … [Read more...] about HDI Global SE fined US$8,000 for information disclosure, foreign ownership violations

In mid-August, HDI Global SE was allegedly fined for VND125 million ($5,430) for conducting one or several transactions to obscure company ownership and avoid information disclosure responsibilities. A fine of VND60 million ($2,600) was also imposed on the corporation for violating the FOL. … [Read more...] about HDI Global SE, despite alleged violations, dominates PVI with 53.92 per cent stakes

According to Thomas Hugger, CEO of international management fund AFC Asia Frontier Fund, the Vietnamese government should create more opportunities for foreign investors to deepen their engagement in the Vietnamese stock market such as through trimming intermediary expenses. … [Read more...] about Foreign capital in wait for fresh policy move

Reiterating commitment to maintain the Southeast Asia free from nuclear and other mass destruction weapons, ASEAN and SEANWFZ member states agreed to continue discussing and tackling barriers so that countries with nuclear weapons could soon sign Protocol of the Treaty. … [Read more...] about Meeting of Commission for SEANWFZ Treaty held

“Bond issuance, one of the major sources of capital for businesses, is in accordance with the law. Bank loans cannot be the only permanent source for financing, especially for long-term capital,” said Truong Thanh Duc, chairman of law firm BASICO. … [Read more...] about Corporate bond activity welcome as market shocks persist unabated