Advertisements Visit Vietnam Insider’s homepage for more stories Though land fever has eased, prices are still high. The apartments in projects in advantageous positions are being offered at sky-high prices of VND300-400 million per square meter. The Ministry of Construction’s (MOC) Q1 report on the real estate market showed that there were nearly 25,400 successfulContinue reading “Land fever eased, but property remains expensive”
Category Archives: Finance
Moody’s upgrades long-term ratings; outlook stable of Vietnam Maritime Bank
Advertisements Moody’s Investors Service has upgraded the long-term local and foreign currency deposit and issuer ratings of Vietnam Maritime Commercial Joint Stock Bank (MSB) to B1 from B2, a result of upgrades in the bank’s Baseline Credit Assessment (BCA) and Adjusted BCA to b2 from b3. The upgrade of MSB’s BCA and long-term issuer andContinue reading “Moody’s upgrades long-term ratings; outlook stable of Vietnam Maritime Bank”
Foreign will be back to Vietnam’s stock market. Here’s why
Advertisements Both Vietnamese and foreign investors continue to open more accounts as the local stock market to capitalise on perceived opportunities in the market. Vietnam is frontier equity market which has been interested in and liked, with its turnover now almost the same level as Singapore and far more than Malaysia and Indonesia, according aContinue reading “Foreign will be back to Vietnam’s stock market. Here’s why”
‘Land fever’ harming the national economy: experts
Advertisements Visit Vietnam Insider’s homepage for more stories Realtors typically seek profits by developing the investment value of land, rather than by increasing land prices. But pouring money into real estate, waiting for prices to increase, and seeking huge profits from artificial price increases are actions that are harming the national economy. According to theContinue reading “‘Land fever’ harming the national economy: experts”
Here are top risk concerns for financial services sector you may need to know
Advertisements A new report by AGCS identifies key risks and loss trends for the financial services sector. Covid-19 may drive market corrections and insolvencies – which could impact financial institutions’ balance sheets, increase exposures for directors and result in litigation. AGCS analysis of $1bn of insurance industry claims show cyber incidents, including crime, is theContinue reading “Here are top risk concerns for financial services sector you may need to know”
Vietnam is the largest gold market in Southeast Asia: WGC
Advertisements Consumer demand for gold in Vietnam reached 39.8 tonnes in 2020 Gold is the top asset class for 68 per cent of Vietnamese investors Visit Vietnam Insider’s homepage for more stories Vietnam is the largest gold market in Southeast Asia, according to a recent study of the World Gold Council (WGC). The WGC alsoContinue reading “Vietnam is the largest gold market in Southeast Asia: WGC”
Invest in the Vietnam Stock Market: a good idea ?
Advertisements Even as the Vietnamese stock market is known to yield rock-solid returns, it is still believed to be a golden minefield for anyone who has the most crucial financial knowledge of this murky world of investments. Besides, as a greenhorn, you can get tripped while attempting to keep tabs with the trends or blindContinue reading “Invest in the Vietnam Stock Market: a good idea ?”
Local banks aim for high profits
Advertisements Visit Vietnam Insider’s homepage for more stories During the “season” of shareholders’ meetings, Vietnamese banks are confident about their plans to increase profits by several trillion dong in 2021. Several banks have set a record growth target of up to 30%-50%. Tien Phong Commercial Joint Stock Bank (TPBank) recently held its annual shareholders’ meetingContinue reading “Local banks aim for high profits”
HDI Global SE, the major shareholder of insurer PVI fined for violating Vietnam’s law
Advertisements HDI Global SE fined for violating foreign ownership rules of Vietnam. The company made a number of transactions to conceal its real ownership of 15,468,250 shares in PVI. Visit Vietnam Insider’s homepage for more stories. The Vietnam’s State Securities Commission (SSC) issued a decision to sanction administrative violations against HDI Global SE – a Germany-based corporation which isContinue reading “HDI Global SE, the major shareholder of insurer PVI fined for violating Vietnam’s law”
Special Economic Zones create more risks than benefits
Advertisements Visit Vietnam Insider’s homepage for more stories Ho Chi Minh City and Da Nang are seriously planning to convert the two cities into international financial centers. This decision has been raising much concern among experts in the field. Future development In order to create an international financial center with modern high-rise buildings in cityContinue reading “Special Economic Zones create more risks than benefits”
TPBank records 41 percent increase in profits
Advertisements Visit Vietnam Insider’s homepage for more stories Private lender TPBank has recorded a 41 percent increase in its Q1 pre-tax profit to VND1.42 trillion ($61.8 million). The bank said a surge in net interest income and a cut in operational expenses has boosted its Q1 performance. Its net interest income grew 30 percent inContinue reading “TPBank records 41 percent increase in profits”
4 Advantages of the MetaTrader 4 Supreme Edition Trading Platform
Advertisements The name ‘MetaTrader’ will be familiar to any online trader. MetaTrader 4 and MetaTrader 5 are two of the most popular online forex trading platforms that are available, providing an accessible way for beginners and experts alike to explore the stock market. But if you’re looking for a platform that’s packed with even moreContinue reading “4 Advantages of the MetaTrader 4 Supreme Edition Trading Platform”
The best and trusted online broker for traders in 2021
Advertisements If you want to make more profit in less time, broker trading will play an important role Introduction For a broker trader, the importance of online brokers on the trusted internet is immense. There are many different types of brokers available online, making it difficult for traders to find a reliable Forex broker. YouContinue reading “The best and trusted online broker for traders in 2021”
Citigroup to withdraw consumer franchises from 13 markets, including Vietnam
Advertisements The bank will instead operate its consumer-banking franchise in Singapore, Hong Kong, the United Arab Emirates, and London Visit Vietnam Insider’s homepage for more stories Citigroup – the parent firm of Citibank – has announced that it would withdraw its retail banking division from 13 markets in Asia, Europe, the Middle East, and Africa,Continue reading “Citigroup to withdraw consumer franchises from 13 markets, including Vietnam”
Eximbank to organize annual general meetings
Advertisements Visit Vietnam Insider’s homepage for more stories Eximbank’s next annual general meetings AGM 2020 and AGM 2021 will take place simultaneously from April 26 to 27. The coming AGMs will address the bank’s strategy, senior management personnel, new term for BOD, legal representative appointment, charters which require to be updated in compliance with newContinue reading “Eximbank to organize annual general meetings”