ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
Aquatic exports surge nearly 40% in H1
(TBTCO) - Aquatic exports maintained the over-1-billion-USD benchmark in June 2022, 24% higher than the same period last year. The figure surpassed 5.76 billion USD in the first half, posting a year-on-year surge of 39.6%.
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New regulations create more transparent corporate bond market
A new draft decree on corporate bonds seeks to enhance transparency, tighten accountability, and strengthen oversight to rebuild investor confidence, and support capital market development.
Visa launches contactless payment system across Hanoi metro network
A fully interoperable open-loop payment system has been launched across Hanoi's metro network, enabling Visa cardholders to tap and go on all metro lines in Vietnam.
Russia to build 2,400 MW nuclear plant in Vietnam under new deal
An intergovernmental agreement on cooperation to build the Ninh Thuan 1 Nuclear Power Plant in Vietnam has been signed during Prime Minister Pham Minh Chinh's official visit to Moscow.
Corporate bond market shifts towards public issuance, transparency
The corporate bond market is undergoing a fundamental structural transformation, characterised by a shift towards public offerings and enhanced credit transparency as recent regulatory reforms take effect.
Vietnam launches project to boost RCEP utilisation
Vietnam’s Ministry of Industry and Trade, in partnership with the Regional Trade for Development initiative, on March 23 launched a project to boost utilisation of the Regional Comprehensive Economic Partnership.
Middle East turmoil raises risks for Vietnam's insurance sector
The ongoing Middle East crisis is driving up insurance premiums and tightening reinsurance terms globally, with indirect effects posing growing risks to Vietnam’s insurance sector amid economic uncertainty.
APM Terminals takes 49 per cent stake in Hateco terminal
APM Terminals has become a minority shareholder and operating partner at the Hateco Haiphong International Container Terminal, joining Hateco Group after three years of development partnership.
