With Vietnam set to open its first derivatives market, experts are warning of the preparations needed to minimise potential investor risks.
VinaCapital currently has $120 million in cash and is looking to invest in private or equitised companies in 2017. Andy Ho, CEO of VinaCapital, talked to VIR’s Thu Huong about the company’s plans to use the cash and assessed the prospects of the Vietnamese stock market.
Life insurer Dai-ichi Vietnam on January 16 held the ceremony to sign the contract to cooperate with Bac A Bank to provide bancassurance.
Shares rose slightly on both local exchanges on Friday morning with low market trading liquidity as investors tended to preserve their money ahead of the Tet (Lunar New Year) holiday.