Banking & Finance
Vietnam determines to have stock market upgraded: Finance Minister
Vietnam has rolled out many efforts to soon meet upgrading requirements.
Investment
HCMC calls on Kazakh investors for financial hub project
The call was made at a business roundtable, organized by the Ho Chi Minh City People's Committee in coordination with the Astana International Financial Centre (AIFC) of Kazakhstan on July 15
Banking & Finance
Corporate bond market shows signs of recovery in H1
The total issuance value estimated at VND248.6 trillion ($9.45 billion) in the period.
Ho Chi Minh City's tourism credit grows 10%
Total outstanding tourism credits reaching VND57 trillion ($2.2 billion) by the end of February.
Domestic gold price drops after hitting historic high
The SJC-branded gold bars skyrocketing to a historic high of VND102.6 million ($3,976) per tael on April 1 morning.
Domestic gold price jumps to new height
The selling price of SJC-gold bars hitting over VND101 million ($3,923) per tael on March 31.
Considerations need to be made for future financial centers
A host of considerations will need to be taken into account as Vietnam’s goes about developing its financial centers.
HCMC financial hub positioned as engine for national innovation, competitiveness
"The development of the financial center is one of the strategic spearheads to help transform the growth model, improve resource utilization efficiency, and strengthen Vietnam's position on the international stage," Minister of Finance stated.
Solutions to boost Vietnam's investment fund industry
The assets under management of securities investment funds remain modest relative to their potential, representing just 6.5% of Vietnam's GDP, compared to 21% in Thailand and 52% in Malaysia.