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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.
IMF forecasts VNs economic growth to reach 6.1 per cent in 2024

IMF forecasts VN's economic growth to reach 6.1 per cent in 2024

Việt Nam''s economic growth is projected to recover to 6.1 per cent in 2024, supported by continued strong external demand, resilient foreign direct investment and accommodative policies.
Dragon Capital sells over three million Hoa Sen shares

Dragon Capital sells over three million Hoa Sen shares

Despite Hoa Sen''s recent strong financial performance, the foreign fund has steadily divested from the company.
VinaCapital launches 1st equity dividend fund

VinaCapital launches 1st equity dividend fund

VinaCapital Fund Management Joint Stock Company has launched the VinaCapital Dynamic Dividend Equity Fund.
Dragon Capital divests from Đất Xanh Group

Dragon Capital divests from Đất Xanh Group

As a result, Dragon Capital''s ownership stake in Đất Xanh decreased from 11.02 per cent to 10.88 per cent, equivalent to approximately 78.4 million shares.
Norfund provides 30 million convertible loan to SeABank

Norfund provides $30 million convertible loan to SeABank

The Norwegian Investment Fund for developing countries (Norfund) has decided to invest $30 million in SeABank via a convertible loan.
Decision on keeping petroleum price stabilisation fund to be made in June

Decision on keeping petroleum price stabilisation fund to be made in June

Total petrol import and production during the first four months of the year reached 7,88 million tonnes, or 9,93 million cubic metres with import accounting for 43.73 per cent.
Foreign capital outflows continue, but Korean and Taiwanese investments boost Vietnamese stocks

Foreign capital outflows continue, but Korean and Taiwanese investments boost Vietnamese stocks

Taiwanese and Korean capital flowing through ETFs into Việt Nam experienced a positive surge, according to data from FiinTrade.
Mekong Capital to invest 5 mil in Cambodia biochar, biofertiliser company

Mekong Capital to invest $5 mil in Cambodia biochar, biofertiliser company

Mekong Enterprise Fund IV (MEF IV), a fund managed by private equity company Mekong Capital, will invest US$5 million in HUSK, a biochar and biofertiliser company committed to regenerative agriculture practices in Southeast Asia, on May 15.