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Tan Lien Phat to hold 32.5% TTF stake

Tan Lien Phat to hold 32.5% TTF stake

Truong Thanh Furniture Corporation (TTF) was planning to issue nearly 70 million shares or 32.5 per cent of stake to Tan Lien Phat Construction JSC, a subsidiary of Vingroup, worth VND1.2 trillion (US$53.5 million)
State sells all short-term bonds

State sells all short-term bonds

The state treasury offloaded all three-year bonds, worth VND7 trillion (US$311.11 million), but sold only two per cent of the 10-year bonds on November 18, the Hanoi Stock Exchange said.
Vietcombank buys 1 billion in Government bonds

Vietcombank buys $1 billion in Government bonds

Bank for Foreign Trade of Viet Nam (Vietcombank) has bought Government bonds worth US$1 billion from the Finance Ministry, Thoi bao Kinh te Sai Gon (Saigon Economic Times) reported online.
Viet Nams super wealthy likely to get richer

Viet Nam's super wealthy likely to get richer

Viet Nam''s number of ultra-high-net worth individuals (UHNWIs) - people who have US$30 million or more in total assets - is set to double by 2024, according to the 2015 Wealth Report by Knight Frank.
SSI sells bonds worth 23.5 million

SSI sells bonds worth $23.5 million

The Saigon Securities Incorporation (SSI) announced it has sold all its corporate bonds worth VND500 billion (US$23.5 million), which were issued for the first time on January 19.
Viet Nam tops ultra-rich growth

Viet Nam tops ultra-rich growth

Viet Nam''s ultra-high net worth individuals, with US$30 million or more in total assets, would double to nearly 300 in the next 10 years, according to a recent report.
Exxon Mobil accelerates VN investment plan

Exxon Mobil accelerates VN investment plan

The US group Exxon Mobil has accelerated the pace of its investment in the US$20 billion worth gas-electricity complex in Viet Nam.
Rubber plant opens in Phu Yen

Rubber plant opens in Phu Yen

A new rubber processing plant worth VND25 billion ($1.19 million) opened its doors last Saturday in the central province of Phu Yen''s Song Hinh District.
Vietnam treasury mobilises VND1.1 trillion from g-bond sale, yields flat

Vietnam treasury mobilises VND1.1 trillion from g-bond sale, yields flat

The State Treasury of Vietnam sold a combined VND1,100 billion worth of government bonds in an auction on August 29 at the yields of 7.3-8.9 per cent per annum, according to the Hanoi Stock Exchange (HNX).
Suspected laundering tops 2.4b in 2012

Suspected laundering tops $2.4b in 2012

The State Bank of Viet Nam has announced that it discovered transactions worth more than VND50.9 trillion (US$2.41 billion) last year that it suspects are related to money laundering.