Vietnam
Vietnam forfeits billions of US dollars in foreign aid amid anti-graft freeze
VIETNAM has forfeited at least US$2.5 billion in foreign aid over the last three years and may lose another US$1 billion because of administrative paralysis, the United Nations, the...
Vietnam delays launch of new stock trading system
VIETNAM will delay the launch of the much-expected new stock trading system initially slated for next week, its State Securities Commission (SSC) said.The debut, which had been planned for...
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
COFFEE prices are expected to extend their meteoric surge with the hoarding of beans and poor weather set to exacerbate a supply crunch in Vietnam, the world’s biggest producer...
Vietnam set to launch new stocks trading system in bid for market upgrade
VIETNAM is readying the launch next week of a new stocks trading system that would speed up settlement of transactions, as part of reforms aimed at upgrading the country’s...
Vietnam central bank delays gold auction due to lack of interest
VIETNAM’S central bank said on Monday (Apr 22) it would cancel its first gold auction in 11 years due to a lack of interest from buyers, and said the...
Vietnam mounts ‘unprecedented’ US$24 billion rescue for bank engulfed in giant fraud, documents show
VIETNAM has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest financial fraud, according to three bank documents and new...
Apple CEO Tim Cook arrives in Vietnam to meet users, boost supplier ties
APPLE CEO Tim Cook arrived in Hanoi on Monday, starting a two-day visit to Vietnam, a key manufacturing hub for the iPhone maker, during which he is expected to...
CVC Capital Partners exits Vietnam’s Asia Commercial Bank: sources
CVC Capital Partners has exited Vietnam’s fourth-biggest private commercial lender, Asia Commercial Bank (ACB), after its investment unit disposed of its remaining 4.99 per cent stake for around US$220...
