Lotte Card wholly acquires Techcom Finance
March 13, 2018 | 10:00
Lotte Card signed the purchase contract to fully acquire Techcom Finance from Techcombank to become the first South Korean credit card company to enter Vietnam.
Nasdaq ends at record high, Dow falls on trade war worries
March 13, 2018 | 09:42
The Nasdaq finished at another record high on Monday (Mar 12), but the Dow tumbled as revived worries of a trade war led to heavy selling in shares of several leading multinationals.
Vietnam reclaims crown of "Asia's best performing stock market"
March 12, 2018 | 17:45
In the first two months of 2018, the Vietnamese stock market was one of the fastest growing markets in the world, followed by Brazil, Russia, and Argentine.
Techcombank to receive $370-million investment from Warburg Pincus
By Trang Nguyen
March 12, 2018 | 15:35
Techcombank announced today that global private equity firm Warburg Pincus will invest over $370 million into the bank, subject to local regulatory approval.
VN-Index expected to continue struggling
March 12, 2018 | 13:38
Việt Nam’s benchmark VN-Index is forecast to struggle due to uncertain market sentiment this week, with eyes on the two exchange-traded funds (ETFs) set to finish reviewing their portfolios on March 16.
Exchange rates rise, credit stationary
March 11, 2018 | 13:12
Exchange rates for both the central bank and other commercial banks rose slightly in February, while the credit sector showed little significant change, said the National Financial Supervisory Commission (NFSC).
Banks expect a bumper crop
By Minh Trang
March 11, 2018 | 09:00
The season for the banking world’s annual general meetings is fast approaching as shareholders pay particular attention to issues of bank profit, bourse listings, the safety of bank deposits, and the reshuffling of senior personnel.
Asian markets rally as Trump agrees to Kim summit
March 10, 2018 | 11:26
News that Donald Trump had agreed to meet North Korean leader Kim Jong Un sent Asian stock markets surging and the yen tumbling on Friday (Mar 9), while dealers were also optimistic US trade tariffs will be less severe than thought.
VN Index fails to hit new high
March 10, 2018 | 09:54
Viet Nam’s benchmark VN Index finished on Friday in the negative territory as investors took profits after the benchmark surpassed the old peak of 1,130 points.
Vietnamese financial sector in crosshairs of foreign capital
By Nguyen Duc
March 10, 2018 | 06:43
A rising number of foreign investors reported eyeing the Vietnamese financial sector as it was rated among the country’s highest profit-generators.
New GoBear Code Unit to liven up Vietnam’s tech-startup scene
By Thu Ha
March 10, 2018 | 06:29
GoBear has recently announced opening GoBear Code Unit, its regional in-house software development team in Ho Chi Minh City, Vietnam.
Central bank issued bills valued at over $4 billion
March 09, 2018 | 14:56
The State Bank of Viet Nam (SBV) has issued record high bills worth some VND92.1 trillion (US$4.05 billion) until Monday to withdraw money from the banking system.
Large-caps support shares’ uptrend
March 09, 2018 | 12:43
Shares rose on Thursday due to strong cash flow pouring into banking stocks, after experiencing strong volatility during most of the trading session.
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