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Việt Nam launches 38.4b National Data Development Fund to fuel digital transformation

Việt Nam launches $38.4b National Data Development Fund to fuel digital transformation

The National Data Development Fund has been established, operating as a non-budget state financial fund with an initial capital of VNĐ1 trillion (US$38.4 billion).
Global uncertainty weighs on Việt Nams economic outlook

Global uncertainty weighs on Việt Nam's economic outlook

Việt Nam’s economic outlook is heavily dependent on the outcome of trade negotiations and is constrained by elevated global uncertainty on trade policies and economic growth, according to an International Monetary Fund (IMF) team led by Paulo Medas. The team...
Investment funds regain positive returns on market recovery

Investment funds regain positive returns on market recovery

After bottoming out in early April, the benchmark index reclaimed all losses incurred during the tariff-triggered volatility by the end of May. The rebound has buoyed equity funds, restoring previously negative returns to solid profits.
MoF proposes changes to Land Development Fund

MoF proposes changes to Land Development Fund

A central focus of the draft is on improving the management and operational mechanisms of the Land Development Fund, especially concerning the use of idle capital.
ETF capital continues to flow out of Việt Nam despite improved investment outlook

ETF capital continues to flow out of Việt Nam despite improved investment outlook

According to data from FiinTrade and SSI Research, ETFs posted a net outflow of over VNĐ210 billion between May 12 and 16, marking the second consecutive week of withdrawals.
Đồng Nai establishes land development fund

Đồng Nai establishes land development fund

Đồng Nai Province has established a land development fund with a charter capital of VNĐ7 trillion (US$269 million).
Việt Nams growth story: how private sector and technology are working together to lead the way

Việt Nam’s growth story: how private sector and technology are working together to lead the way

Don Lam, founding partner and CEO of VinaCapital, shares insights on Việt Nam’s economic evolution, the role of the private sector, and the opportunities that will shape the country’s future.
Việt Nam named among the 20 fastest-growing economies

Việt Nam named among the 20 fastest-growing economies

The International Monetary Fund (IMF) has forecast that Việt Nam is among the 20 fastest-growing economies in the world this year. 
NA Standing Committee gives nod to the foundation of an investment support fund

NA Standing Committee gives nod to the foundation of an investment support fund

It is necessary to issue a decree on the foundation, management and use of the investment support fund to attract strategic investors and multinational corporations to Việt Nam, the National Assembly Standing Committee agreed at a meeting on Wednesday afternoon.
PM urges IMF to continue supporting Việt Nams macroeconomic development

PM urges IMF to continue supporting Việt Nam's macroeconomic development

Prime Minister Phạm Minh Chính received a delegation of the International Monetary Fund (IMF)''s 2024 Article IV Mission to Việt Nam led by its head Paulo Medas in Hà Nội on November 15.
ABBANK and National Fund for Vietnamese Children join hands in childcare, activities

ABBANK and National Fund for Vietnamese Children join hands in childcare, activities

An Bình Commercial Joint Stock Bank and the National Fund for Vietnamese Children have signed a sponsorship agreement for implementing community projects for children.
SMEDF partners with VPBank to facilitate SMEs access to preferential loans

SMEDF partners with VPBank to facilitate SMEs access to preferential loans

Chairman of SMEDF''s Board of Members Phạm Xuân Kiên highlighted that SMEs account for about 98 per cent of all businesses in the country, significantly contributing to the GDP.
School soymilk programme for 2024-25 launched

School soymilk programme for 2024-25 launched

The Vietnam Soymilk Study Promotion Fund and Vinasoy have collaborated with the Vietnam Red Cross Society to launch the "School Soymilk" programme for the 2024-25 school year.
SMEDF and OCB sign framework agreement on indirect lending

SMEDF and OCB sign framework agreement on indirect lending

The Small and Medium sized Enterprise Development Fund (SMEDF) and the Orient Commercial Joint Stock Bank (OCB), signed a framework agreement on indirect lending on Tuesday.
Schneider Electrics fund announces the second investment in a start-up in Việt Nam

Schneider Electric's fund announces the second investment in a start-up in Việt Nam

Schneider Electric, via its Schneider Electric Energy Access Asia (SEEAA) fund, has participated in a US$1.5 million funding round for Vietnamese innovative start-up in sand battery energy storage.