GBS - The State Bank of Vietnam has allowed Vietnam Prosperity Bank (VPBank) to acquire Vietnam National Coal - Mineral Finance Company (CMF), the Saigon Times Daily reported on July 2.
GBS - The 18-day flow of money into Vietnam ’s stock market suggests overseas money managers are unfazed amid concern that anti- China riots in the country will deter foreign investment and curb economic growth, read a story published by Bloomberg on May 19.
GBS - Vietnam National Textile and Garment Group, or Vinatex, will launch an initial public offering (IPO) on July 22, one year slower than earlier scheduled, the Saigon Times Daily reported.
GBS - Shares continued their upward trend on both stock exchanges on May 28 as blue chip rallies propped up the markets.
GBS - The banking sector is likely to see a series of merger and acquisition deals in the next few months after a series of banks announced their plans to merge with other credit institutions.