The open-ended mutual fund market has developed rapidly in recent years, with quarterly growth averaging 17.6 per cent since 2016, a workshop on investors and open-ended funds heard in HCM City Wednesday.
FECON Foundation Engineer and Underground Construction JSC (FECON) will
issue convertible bonds worth VND32.5 billion (US$1.49 million) for the
Finnish Mutual Fund Elite (Non-UCITS).
Three foreign funds bought 17.85 million shares of PetroVietnam
Drilling Services (PVD) in July last year and have since reported
profits of VND1.2 trillion (US$56.6 million).
VinaWealth Fund Management Company JSC has launched the VinaWealth
Equity Opportunity Fund (VEOF), under the IPO granted by the Vietnam
State Securities Commission on March 14.