Advertisements IFC and State Bank of Vietnam partner to promote women’s leadership in banking sector. In Vietnam, women comprise approximately 60 per cent of the entry-level workforce in banks. Visit Vietnam Insider’s homepage for more stories. In a bid to increase the number of females in leadership positions at banks, World Bank Group member IFCContinue reading “Vietnam central bank join hands with IFC to promote women’s leadership”
Category Archives: Finance
Vietnam warns citizens about the risk of investment in crypto
Advertisements Vietnam has not adopted any legislation related to the issuance, trading, and exchange of virtual currencies and virtual assets. The warning follows reports of concerns about a new and increasingly popular Southeast Asian crypto platform called the Pi Network Government has established research unit to develop regulatory framework for digital assets. The Vietnamese governmentContinue reading “Vietnam warns citizens about the risk of investment in crypto”
Ho Chi Minh Stock Exchange to list 1.2 billion new shares this month
Advertisements Amid system overloads, the Ho Chi Minh Stock Exchange (HoSE) is set to list 1.2 billion new shares from three companies this month. Ticker VCA of steel producer VICASA – VNSteel, based in the southern province of Dong Nai, will be listed on March 10 with 15.18 million shares at VND13,100 ($0.57) each. TextileContinue reading “Ho Chi Minh Stock Exchange to list 1.2 billion new shares this month”
BIG NEWS: Prudential Vietnam and MSB extend and expand successful bancassurance partnership
Advertisements With this expansion, Prudential Vietnam will become MSB’s single partner nationwide. Under the renewed partnership, Prudential Vietnam and MSB will expand into new segments, including digital, to deliver holistic protection solutions to customers. Visit Vietnam Insider’s homepage for more stories. Prudential Vietnam Assurance Private Limited (‘Prudential Vietnam’), a subsidiary of Prudential plc, and VietnamContinue reading “BIG NEWS: Prudential Vietnam and MSB extend and expand successful bancassurance partnership”
Vietnam is among top cryptocurrency use in the world
Advertisements Vietnam has the second highest rate of in terms of cryptocurrency use among 74 surveyed economies, driven by remittance payments, a new report says. The report on survey results released by Statista, a global provider of market and consumer data, says 21 percent of respondents in Vietnam said that they used or owned cryptocurrencyContinue reading “Vietnam is among top cryptocurrency use in the world”
How the hedge fund managers could earn $20.1 billion in 2020?
Advertisements A fund manager earned $3.8 billion last year, landing him the biggest payday of any hedge fund manager in 2020. The top 10 hedge fund managers globally earned $20.1 billion in 2020. Visit Vietnam Insider’s homepage for more stories. Millennium Management’s Israel Englander earned $3.8 billion last year, landing him the biggest payday ofContinue reading “How the hedge fund managers could earn $20.1 billion in 2020?”
Locals switch to purchase gold online on God of Wealth Day
Advertisements The Covid-19 pandemic could not prevent locals from buying gold in anticipation of the upcoming God of Wealth Day, especially as gold firms are now taking the sale online. Amid the current Covid-19 outbreak in Vietnam, many gold shops are promoting online sales to meet customers demand in the upcoming Gold of Wealth DayContinue reading “Locals switch to purchase gold online on God of Wealth Day”
Domestic real estate market sees recovery: ministry
Advertisements The Ministry of Construction (MoC) believes the domestic real estate market has overcome the most difficult period due to positive developments in the market as well as the whole economy in the fourth quarter of 2020. The industrial property segment can be considered a bright spot of the domestic market for many reasons suchContinue reading “Domestic real estate market sees recovery: ministry”
Vietnam listed among the countries with biggest prospects for online banking in APAC: Study
Advertisements According to a study by UnaFinancial, these countries have a huge potential in APAC for neobank growth and are promising for new companies, which are planning to enter the market. The study considered 12 countries of Asia-Pacific region. To determine the prospects for online banking in each country, UnaFinancial used GE/McKinsey matrix as aContinue reading “Vietnam listed among the countries with biggest prospects for online banking in APAC: Study”
Top Cryptocurrencies With the Most Potential in Asia
Advertisements When it comes to cryptocurrencies, Asia has had a bad reputation in the past years. When these cryptocurrencies were first introduced, some parts of Asia were unwilling to expand them. Even though that was the case sometimes back, things have changed over the years and seem to change more going forward. With the economicContinue reading “Top Cryptocurrencies With the Most Potential in Asia”
Vietnam is still a good place for finance firms to invest despite the impact of Covid-19
Advertisements Investments Into Vietnamese Startup Amid the COVID-19 Pandemic. Vietnam is one of few countries in the world to report a positive economic growth of 2.9 per cent in 2020. Visit Vietnam Insider’s homepage for more stories. Despite the negative effect on the world’s economy caused by the pandemic, Vietnam is one of few countriesContinue reading “Vietnam is still a good place for finance firms to invest despite the impact of Covid-19”
New investors entering Vietnam stock market climbing in January
Advertisements New securities trading accounts hit record high in January with the number of new accounts reaching a monthly high of over 86,200. Foreign investors opened 476 new accounts last month, the highest number since June 2018. Visit Vietnam Insider’s homepage for more stories. Nearly 86,270 securities trading accounts were opened by domestic investors inContinue reading “New investors entering Vietnam stock market climbing in January”
Thailand’s second-largest lender plans to open its branch in Vietnam
Advertisements Kasikornbank plans to open first branch in Vietnam. The move comes as other Thai banks have expanded in Southeast Asia. Vietnam houses nine foreign-owned banks, about 50 foreign bank branches, more than 50 representative offices of foreign credit institutions and many foreign-owned finance companies. Visit Vietnam Insider’s homepage for more stories. Kasikornbank, the second-largestContinue reading “Thailand’s second-largest lender plans to open its branch in Vietnam”
GameStop Wraps Up Worst Week Ever, Leaving us$18 Billion Hole. Here’s why!
Advertisements Stocks Post Gains as GameStop Ends Tough Week, Leaving $18 Billion Hole. Reddit favorites had bouts of volatility as retail trades gain. Visit Vietnam Insider’s homepage for more stories. A month ago, GameStop was a name that, for many of us, sparked exasperating memories: it was a US store that would give you aContinue reading “GameStop Wraps Up Worst Week Ever, Leaving us$18 Billion Hole. Here’s why!”
MSB named Vietnam’s Most Volume Traded Bank in FX Trading Awards 2021 by Refinitiv
Advertisements Refinitiv Celebrates Achievements of Vietnam’s FX Community Vietnam Maritime Commercial Joint Stock Bank (MSB) tops the list of largest volume traded banks in Vietnam. Visit Vietnam Insider’s homepage for more stories. Refinitiv, an LSEG business, has named Vietnam Maritime Commercial Joint Stock Bank (MSB) the “Most Volume Traded Bank” among the winners of itsContinue reading “MSB named Vietnam’s Most Volume Traded Bank in FX Trading Awards 2021 by Refinitiv”