Aviva acquires entire shareholding in Vietnam JV

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Báo Đầu Tư English 5 hour(s) ago 1 related news

The multinational insurance company Aviva Plc has announced the acquisition of VietinBank’s entire 50 per cent shareholding in its life insurance joint venture VietinBank Aviva Life Insurance Limited (Aviva Vietnam) and signing of a new distribution agreement with VietinBank to sell life and health insurance products through the bank’s network of over 1,100 branches and transaction offices, the second-largest in the market.

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Foreign capital eyeing Vietnamese fintech

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Báo Dân Trí English 20 hour(s) ago

Foreign investment funds have expressed renewed interested in Vietnamese financial technology startups, despite a series of challenging setbacks that occurred in previous e-commerce deals.

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VN-Index down, Petrolimex debuts

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Báo Đầu Tư English 1 day(s) ago 1 related news

Việt Nam’s benchmark VN-Index closed down on Friday, erasing its early gain as large-cap shares were sent lower by strong investor selling.

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Vietnam Petrolimex valued at about $2.8 bln on market debut

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Báo Tuổi Trẻ English 1 day(s) ago

Shares of Vietnam's Petrolimex jumped 13.3 percent on debut Friday, valuing the country's top oil products distributor at around $2.8 billion, Reuters data showed.

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Foreign capital eyeing Vietnamese fintech

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Báo Đầu Tư English 2 day(s) ago

Foreign investment funds have expressed renewed interested in Vietnamese financial technology startups, despite a series of challenging setbacks that occurred in previous e-commerce deals.

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Petrolimex’s stocks long-term appeal unclear

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Báo Đầu Tư English 3 day(s) ago

With the listed price of VND43,200 ($1.9) per share, Vietnam National Petroleum Group (Petrolimex)’s market capitalisation stands at VND55.890 trillion ($2.46 billion), making it the ninth largest Vietnamese enterprise in this respect. However, as numerous Vietnamese blue chip stocks are losing their allure, Petrolimex’s shareholders have also raised questions about the firm’s long-term efficiency.

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Merger plans to create VN’s largest sugar company

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Báo Đầu Tư English 3 day(s) ago

Thanh Thanh Cong Tay Ninh and Bien Hoa sugar companies plan to merge to create the largest sugar company in the Viet Nam’s stock market.

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Inter-bank rate slides to one-month record low

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Báo Đầu Tư English 4 day(s) ago

The one-month record low inter-bank rate reported last week has confirmed that the liquidity of the dong has cooled down.

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Truong Hai cuts prices and profit target in anticipation of import spike

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Báo Đầu Tư English 6 day(s) ago

Truong Hai, the biggest auto company in Vietnam, projected a sharply reduced profit in 2017, securing approval from the company's annual shareholders’ meeting in Ho Chi Minh City last week.

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Derivatives interest many investors

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Báo Đầu Tư English 7 day(s) ago

Derivatives products will be available for trading in the Viet Nam’s securities market in less than a month, and institutional investors seem highly interested in the new products, reported vtv.vn on Thursday.

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Garment, textile exports to rise 10%

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Báo Dân Trí English 1 week(s) ago 1 related news

Việt Nam’s garment and textile exports may increase by 10 per cent this year if there are not adverse fluctuations in the global market, according to the Việt Nam National Textile and Garment Group (Vinatex).

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Housing prices in Vietnam show modest growth for 2016

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Báo Đầu Tư English 1 week(s) ago

During 2016, according to Global Property Guide research, house prices rose in 29 out of the 45 housing markets around the globe that publish housing statistics, using inflation-adjusted figures.

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Rice prices rise in India, stable in Vietnam

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Báo Tuổi Trẻ English 1 week(s) ago

Rice export prices extended its upward trend in India on a stronger rupee, while Vietnam rates were stable amid a subtle market on low demand, traders said on Thursday.

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Market corrects on profit-taking

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Báo Đầu Tư English 1 week(s) ago

Shares fell on the two exchanges on Wednesday as investors booked short-term profits after the benchmark index set a nine-year new peak.

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March: Record new foreign investors granted trading codes

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Báo Đầu Tư English 1 week(s) ago

The Vietnam Securities Depository (VSD) in March granted a total of 228 securities trading codes to foreign investors, of which 188 were individuals and 40 were institutional investors.

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