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Tag: financial market
Vietnam’s financial markets respond positively to Fed rate cut

Vietnam’s financial markets respond positively to Fed rate cut

This time, Vietnam’s stock market responded differently compared to the previous two rate cuts with minimal impacts.
Vietnam’s benchmark VN-Index projected to jump 80%: Pyn Elite

Vietnam’s benchmark VN-Index projected to jump 80%: Pyn Elite

The move reflected Pyn Elite Fund’s view of Vietnam’s positive economic outlook and the robust profit growth of listed companies, as well as its belief in the continuous modernization of Vietnamese financial market.
Vietnam government to consider reducing ownership at state-run commercial banks

Vietnam government to consider reducing ownership at state-run commercial banks

Vietnam is committed to opening the financial market to foreign investors, particularly in financial services.
Alibaba’s Ant Financial quietly acquires stake in Vietnamese e-wallet firm

Alibaba’s Ant Financial quietly acquires stake in Vietnamese e-wallet firm

Ant will not control more than 50% of eMonkey, but is expected to have significant influence and provide technical expertise to the e-wallet
Vietnam c.bank to finalize legal framework for fintech, digital banking

Vietnam c.bank to finalize legal framework for fintech, digital banking

The government is responsible for not only promoting innovation in the banking sector, but also maintaining stability and safety of the financial market.
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