Investors of bitcoin in particular and cryptocurrencies in general should be aware of the possible risks involved in addition to rapidly increasing profits, experts have warned.
Sai Gon Securities Inc (SSI) yesterday issued VND200 billion (nearly
US$8.9 million) worth of two-year non-convertible bonds with an annual
yield rate of 7 per cent for the first 12 months.
Ha Noi-based brokerage IB Securities JSC and its shareholders decided
Monday to become the second financial firm in Vietnam to allow foreign
investors to own up to 100 per cent of its company.
The investment of ANZ in Sai Gon Securities Inc. (SSI), if calculated
in dollars, might prove to be unprofitable even after the bank divests
from the Vietnamese brokerage.