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IFC, a member of the World Bank Group, is helping microfinance institutions in Vietnam improve their corporate governance practices and strengthen their ability to cater to the financial needs of microenterprises and low-income people.
The KB Securities Vietnam brand has officially been launched on January 29, laying the foundations for development of the Korean-backed securities firm in Vietnam and promising to bring more capital from the East Asia nation to the local market.
ANZ Vietnam’s flagship financial education programme MoneyMinded has attracted 1,402 participants in 2017, helping over 4,000 people in Vietnam to develop basic money management skills since the programme was first piloted in 2012.
The technical glitches that caused the southern bourse to shut down for two days have finally been fixed. Securities firms said that they could have lost an estimated $1.2 million in commissions as a result of the closure.
The latest recipients of the prestigious ASEAN New Zealand Scholarships provided by the New Zealand government—the 28 finest Vietnamese students—are heading to New Zealand to start their postgraduate studies in February.
Being listed on the stock exchange is not everything that HDBank has in mind, as the bank aims to seize a bigger opportunity to leverage its built-up ecosystem incorporating a variety of thriving businesses.
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has been approved by the Ho Chi Minh City Stock Exchange (in short HSX) to be officially listed as of December 25, under the ticker HDB.
Vietnam Post and Telecommunications Group (VNPT) is auctioning 71,577,141 million Maritime Bank (MSB) shares in a single-batch sale on January 18 on the Hanoi Stock Exchange (HNX).
IFC and Goldman Sachs 10,000 Women has announced a syndicated senior loan of $110 million to Vietnam’s An Binh Commercial Joint Stock Bank in a bid to boost lending to small- and medium-sized enterprises (SME) and women-owned businesses.
The local currency has managed to stay healthy against the greenback so far, while overseas remittances are forecast to be on par with last year. The secret behind the dong’s strength and the dynamics influencing remittance flows for the year are explained by Barry Weisblatt, head of Research at Viet Capital Securities JSC, to VIR’s Trang Nguyen.