Advertisements A delay in issuing official legal regulations on managing cryptocurrencies will cause a rise in the risks of fraud and theft related to virtual assets, experts have warned. Recently, investment in cryptocurrencies such as Bitcoin, Pi Network, Ripple, Bitcoin Cash and Litecoin has increased in Vietnam. It is estimated 1 million Vietnamese are already tradingContinue reading “Vietnam needs official legal regulations on managing cryptocurrencies. Here’s why”
Category Archives: Finance
China tops list for purchasing Vietnamese steel
Advertisements Visit Vietnam Insider’s homepage for more stories Vietnam has exported 1.1 million tons of steel to China in the first five months of 2021, twice that of last year, according to the General Department of Vietnam Customs. China was the largest steel export market during the period, accounting for 22.5 percent of total steelContinue reading “China tops list for purchasing Vietnamese steel”
Market rebounds, VN-Index returns to 1379.97 point-level
Advertisements Visit Vietnam Insider’s homepage for more stories Vietnam’s benchmark VN-Index rebounded Tuesday after losing five points in the previous session, rising 0.53 percent to 1379.97 points, a new historic peak. The index stayed in the green throughout the day, going as high as 1,386 points at the beginning of the afternoon session, before graduallyContinue reading “Market rebounds, VN-Index returns to 1379.97 point-level”
Do Ventures leads $1.5M Pre-Series A round of fintech startup Mfast
Advertisements Visit Vietnam Insider’s homepage for more stories Fintech startup Mfast has raised $1.5 million in its Pre-Series A funding from a group of investors led by Do Ventures. Mfast is a fintech platform that enables Vietnamese to access, use and introduce financial and insurance service packages as well as other product segments. After threeContinue reading “Do Ventures leads $1.5M Pre-Series A round of fintech startup Mfast”
Can VN-Index reach 1400 points?
Advertisements Vietnam’s benchmark VN-Index is set to reach 1,400 points soon after recovering from a correction in early June, analysts said. More stories at Vietnam Insider’s Homepage. Having risen nearly 2 percent last week to a new peak of 1,377 points, its next psychological threshold is at around the 1,400 mark, and reaching it requiresContinue reading “Can VN-Index reach 1400 points?”
Vietnam will continue “flexible monetary policy” for rest of 2021
Vietnam’s central bank said on Monday it will continue to pursue a “flexible monetary policy” for the rest of this year to keep inflation under control, maintain macro stability and support an economic recovery
VN-Index surges to new peak
Advertisements Visit Vietnam Insider’s homepage for more stories Vietnam’s benchmark VN-Index surged 1.31 percent to 1,377.77 points Friday, a new peak, with foreign investors’ net buying value highest in 10 weeks. The index gradually climbed throughout the day to close with a near 18-point gain, the highest of the past five sessions. It has risenContinue reading “VN-Index surges to new peak”
How Vietnam be attractive for US investors?
Advertisements “With all the positive activities, US investors have a reason to return to Vietnam” – Barrons.com, (belonging to Dow Jones & Company of the US) said. More stories at Vietnam Insider’s Homepage. Vietnam is committed to the development of the country’s private sector, which is expected to account for 42-55% of GDP by 2025.Continue reading “How Vietnam be attractive for US investors?”
Laos to provide Vietnam power from Mitsubishi-built wind farm
Advertisements Visit Vietnam Insider’s homepage for more stories Japan’s Mitsubishi Corporation will develop Southeast Asia’s largest wind farm in Laos to supply electricity to Vietnam, where demand is expected to grow continuously. The 600-megawatt onshore project, the first wind farm in Laos, will be located in southern provinces of Sekong and Attapeu, the company saidContinue reading “Laos to provide Vietnam power from Mitsubishi-built wind farm”
Vietnam’s stock market recovered after record losing session
Advertisements Vietnam’s benchmark VN-Index nudged up 0.25 percent to 1,359.92 Thursday, but trading value continued a downward trend. Foreign investors were net sellers for the second session in a row to the tune of VND115.77 billion. Visit Vietnam Insider’s homepage for more stories Vietnam’s benchmark VN-Index nudged up 0.25 percent to 1,359.92 Thursday, but tradingContinue reading “Vietnam’s stock market recovered after record losing session”
Executive interview: How Vietnam’s MBBank sets the highest level of banking standard
Luu Trung Thai, the Vice Chairman of the BOD cum CEO at Military Commercial Joint Stock Bank (MBBank) believes that the bank has achieved breakthroughs as it sees opportunities in the Covid-19 time.
Why investors poured billions of us$ into offshore wind power plants in Vietnam?
Advertisements Vietnamese companies are investing heavily in offshore wind power. Many international organizations have advised Vietnam to increase its offshore wind power capacity to 10 GW by 2030 to fully tap its potential. Visit Vietnam Insider’s homepage for more stories Foreign and local investors have poured billions of dollars into developing offshore wind farms. ThangContinue reading “Why investors poured billions of us$ into offshore wind power plants in Vietnam?”
VPS Stock Brokerage starting charge service fee from July 1
Advertisements VPS Securities will become the first brokerage to charge a monthly service fee starting July 1. It said the VND27,500 ($1.20) fee would be charged for clients’ use of its trading system and system-related features. Visit Vietnam Insider’ s Homepage for more stories. Currently brokerages only collect fees for transactions. VPS was the topContinue reading “VPS Stock Brokerage starting charge service fee from July 1”
International Finance magazine names TNEX the ‘Best New Digital Bank’ Vietnam 2021
TNEX, Vietnam’s first all-digital bank to offer “free everyday banking for life” has just been awarded ‘Best New Digital Bank’ Vietnam by International Finance magazine, a premium business and finance magazine in the U.K.
How Vietnam ranks 4th for profit earned from cryptocurrencies among Asian economies in 2020?
Vietnamese earn over VND9 trillion profit from cryptocurrencies in 2020, ranks 4th for profit earned from cryptocurrencies among Asian economies in 2020, only after China, Japan and South Korea.