Advertisements Investors have been turning to peri-urban areas since Hanoi announced the master plan of Hoa Lac Urban Area Visit Vietnam Insider’s homepage for more stories After a long time in the doldrums due to the global pandemic, land and property development in the outskirts of Hanoi is once again blossoming, with prices skyrocketing. ThuContinue reading “Property prices in Hanoi outskirts blossoms”
Category Archives: Finance
Vietnam’s stock market ended on a negative note on Tuesday
Advertisements Shares correct as large-caps falter, according to Vietnam News Agency. VN-Index lost the 1,190-point landmark right from the opening and remained in the red throughout the session. Visit Vietnam Insider’s homepage for more stories. Vietnam’s stock market ended on a negative note on Tuesday as large-caps stocks simultaneously dropped putting negative pressure on theContinue reading “Vietnam’s stock market ended on a negative note on Tuesday”
4 Things Singaporeans Need to Know Before Investing in Unit Trust
Advertisements Singaporeans have access to different types of investment vehicles that they can use to grow their wealth and secure their future. If you’re a casual or newbie trader or if you lead a busy lifestyle, then you’re probably more interested in putting your money in a type of investment that will not require muchContinue reading “4 Things Singaporeans Need to Know Before Investing in Unit Trust”
Alice tokens catches attention of Vietnamese cryptocurrency investors
Advertisements Appearing on March 15, Alice tokens have created a fever in the market with the starting price of $16, catching the attention of Vietnamese cryptocurrency investors. Cryptocurrencies, which are newcomers on trading floors, mostly have low value and do not attract many investors because such projects have unclear information and risks. Visit Vietnam InsiderContinue reading “Alice tokens catches attention of Vietnamese cryptocurrency investors”
House and land prices in Vietnam surge despite pandemic
Advertisements House and land prices in Việt Nam have continued to rise – despite the effects of COVID-19. It is concerned some real estate agents may have inflated prices for their own gain. Visit Vietnam Insider for more stories Now the Ministry of Construction has compiled a report to determine exactly why there has beenContinue reading “House and land prices in Vietnam surge despite pandemic”
Why VCBS estimates the fair value of MSB stock at VND 29,621 per share?
Advertisements According to the Vietcombank Securities Company (VCBS), Vietnam Maritime Commercial Joint Stock Bank (MSB) is a dynamic, modern, small-sized retail bank with major strengths in SMEs credit, Government bond trading and foreign exchange. After being officially listed in HOSE, 2021 promises to be a year of outstanding growth with many bright spots in MSB’sContinue reading “Why VCBS estimates the fair value of MSB stock at VND 29,621 per share?”
Executive interview: The challenges for financial services firms in Vietnam and the ambition of Arnab Ghosh for Rainbow Group
Advertisements 2020 was a tough year for Vietnam, yet the economy has reaped remarkable achievements. Analysts believe that Vietnam is showing stronger resilience than most similar economies and that its medium- to long-term economic outlook remains positive. Vietnam, with its 97 million inhabitants, 69% of which are unbanked, has a high demand for banking andContinue reading “Executive interview: The challenges for financial services firms in Vietnam and the ambition of Arnab Ghosh for Rainbow Group”
MSB earns US$90 mn upfront fee from exclusive bancassurance deal with Prudential: SSI Research
Advertisements Vietnam Maritime Commercial Joint Stock Bank (HOSE: MSB) just signed an exclusive bancassurance deal with Prudential Vietnam, according to the co-statement released last week. The new agreement has a 15-year duration, and an upfront fee estimated between USD 80-90 mn (VND 1.9-2.1 tn), according to a report by Research Center of SSI Securities CorporationContinue reading “MSB earns US$90 mn upfront fee from exclusive bancassurance deal with Prudential: SSI Research”
Here’s how to transfer your money from Vietnam to overseas online
Advertisements With the Online International Money Transfer feature, individuals can easily transfer tuition fees, medical fees, deposits, living expenses and allowances for those living abroad through the MBBank App on mobile phones with the limit up to 100,000 USD per transfer. Military Commercial Joint Stock Bank (MB) has recently launched an online international money transferContinue reading “Here’s how to transfer your money from Vietnam to overseas online”
BIDV appoints new CEO
Advertisements Visit Vietnam Insider’s homepage for more stories BIDV has named deputy director Le Ngoc Lam as its new CEO, finally filling up a post that has been lying vacant for two years. Lam, 46, who was appointed Friday, has been working at the state-owned lender for 23 years. He became deputy director of theContinue reading “BIDV appoints new CEO”
Vietnam’s inflation rate is set to average around 3% in 2021
Advertisements While there are several upside risks, moderating food prices should keep Vietnam’s inflation under control. Vietnam’s inflation rate in 2021 is set to average around 3% in 2021, mainly reflecting the impact of moderating food prices, which should more than offset recovering oil-related prices, according to HSBC. Visit Vietnam Insider for more stories. “ThatContinue reading “Vietnam’s inflation rate is set to average around 3% in 2021”
Open opportunity for foreign executives to run Vietnam’s Ho Chi Minh Stock Exchange?
Advertisements Vietnam Association of Financial Investors (VAFI) wants experienced foreign executives to run Vietnam’s main stock exchange as it has been done before in Singapore and Hong Kong. The top management does not understand the stock market or business management, VAFI alleged. “Their incompetence has meant investors are unable to get correct demand-supply data or placeContinue reading “Open opportunity for foreign executives to run Vietnam’s Ho Chi Minh Stock Exchange?”
HCM Stock Exchange to raise the minimum trading lot
Advertisements The Ho Chi Minh Stock Exchange (HoSE) wants to raise the minimum trading lot from 100 shares to 1,000 to ease its overload. HoSE says the move is intended to better protect small individual investors as they will invest in Fund Certificates (FCs) issued by professional fund management companies. Yet it is just partContinue reading “HCM Stock Exchange to raise the minimum trading lot”
WB supports Vietnam in industrial energy efficient investments
Advertisements The World Bank (WB), acting on behalf of the Green Climate Fund (GCF), has signed a US$11.3 million grant with the State Bank of Vietnam to support the development of a commercial financing market for industrial energy efficient investments, with the total financing support from the GCF also including a US$75 million guarantee. VisitContinue reading “WB supports Vietnam in industrial energy efficient investments”
FOMO landed to Vietnam: from Bitcoin fever to Pi
Advertisements Bitcoin is now surpassing $51,000 rushing investors in Vietnam to look for other cheaper cryptocurrencies with the hope to make some profit from the effect of the Bitcoin fever. Thousands of Vietnamese who did not appreciate cryptocurrencies are now rushing to mine Pi coins. by My Huyen Mr. Kenn Smith has been living inContinue reading “FOMO landed to Vietnam: from Bitcoin fever to Pi”