Earning reports, foreign buys to boost stocks

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Báo Đầu Tư English 13 hour(s) ago 1 related news

Vietnamese shares will continue to rise this week, according to securities analysts and brokerage companies, as foreign investors buy local assets. Positive first-quarter earnings reports and macroeconomic indicators to be released soon are also expected to influence this trend.

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Understanding Vietnamese wealthy

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Báo Đầu Tư English 6 day(s) ago

According to the 2016 Wealth Report, Vietnam had 168 super-rich people (with assets of $30 million and above) in 2015 and the number is going to increase to 403 by 2025. Seven out of the ten richest people on the Vietnamese stock market trade in real estates.

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First Vietnamese woman makes it to Forbes' 2017 billionaires list

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Báo Dân Trí English 6 day(s) ago

Vietnam has two representatives in Forbes 2017 billionaires list including VietJet Air CEO Nguyen Thi Phuong Thao, a newcomer, and Vingroup chairman Pham Nhat Vuong who has been listed on five occasions.

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Four construction ministry corporations to be privatised in 2017

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Báo Đầu Tư English 7 day(s) ago

Deputy Prime Minister Vuong Dinh Hue has asked the construction ministry to complete the privatisation of four enterprises under it this year.

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Vietnamese banks’ growth unsustainable

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Báo Đầu Tư English 1 week(s) ago

Profits in 2016 showed that banks had good performance, but the growth in expenditures is higher than that of profit, which raised questions about the effectiveness of banks’ operations.

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Hapro shopping for strategic investor

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Báo Đầu Tư English 1 week(s) ago

State-owned Hanoi Trade Corporation (Hapro), operator of a chain of supermarkets and convenience stores and owner of many land plots and properties at prime locations in the city, is looking for a strategic investor to buy over half of its shares.

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Vincom suits Platinum Cineplex

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Báo Đầu Tư English 2 week(s) ago

Vincom Retail Joint Stock Company (VCR) has filed a lawsuit against the M.V.P Group, owner of Platinum Cineplex, after the Indonesian entertainment conglomerate claimed that the closure of its cinemas at three Vincom trading centres early March is illegal.

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Shell sells Canada oil sands assets

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Báo Đầu Tư English 2 week(s) ago

LONDON: Royal Dutch Shell has sold almost all of its Canadian oil sands activities in a US$7.25-billion (€6.9-billion) deal, the Anglo-Dutch energy giant said on Thursday (Mar 9).

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Number of Vietnamese millionaires to increase

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Báo Dân Trí English 3 week(s) ago

A wealth report by leading UK independent real estate consultancy Knight Frank showed that Vietnam is among the countries with the fastest rise in the number of USD millionaires.

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Banking assets rise by 16% in 2016

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Báo Dân Trí English 1 month(s) ago

The total assets of the Vietnamese banking industry reached VND8.5 quadrillion (USD360 billion) by the end of 2016, according to statistics provided by the State Bank of Vietnam (SBV).

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PM asks for clarifying deputy minister’s assets

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Báo điện tử CP English 1 month(s) ago

VGP – PM Nguyen Xuan Phuc has tasked inferior levels to quickly implement dispatch No.3308-CV/VPTW released on February 16 by the Office of the Party Central Committee.

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SBV removes father and son board members at Sacombank

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

The State Bank of Viet Nam yesterday terminated Tram Be’s and Tram Khai Hoa’s membership in the management board at Sai Gon Thuong Tin Joint Stock Commercial Bank (Sacombank).

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Vietnam to recoup $2.6b bad loans

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Báo Đầu Tư English 1 month(s) ago

The Viet Nam Asset Management Company (VAMC) will take drastic measures to recover around VND33 trillion (US$2.6 billion) of non-performing loans (NPLs) this year, VAMC chairman Nguyen Tien Dong said.

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Bank restructuring and settling bad debts: We need to be more critical

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

The State Bank of Vietnam (SBV) is drafting a "special" law to boost bank restructuring and settle bad debts, which would remove all the obstacles in the existing legal regulations.

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Law to boost bank restructuring and settle bad debts: We need to be more critical

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

The State Bank of Vietnam’s (SBV) is drafting a "special" law to boost bank restructuring and settle bad debts, which would remove all the obstacles in the existing legal regulations.

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