While impersonating securities firms and businesses for fraudulent activities is not a new issue, these scammers are evolving with more sophisticated tricks.
SSI Asset Management, a subsidiary of SSI Securities Corporation, and Union Securities Investment Trust Co., Ltd., a subsidiary of the Union Bank of Taiwan, signed an agreement for co-operation in various areas of investment.
According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6 trillion, while trading securities also brought in more than VNĐ300 billion.
Taiwan’s Jih Sun Securities Investment Trust has signed up VinaCapital Fund Management JSC as the investment advisor for its newly launched fund in Viet Nam.
Viet Nam should loosen restrictions on foreign ownership and encourage entrepreneurship in new and revolutionary industries to attract foreign capital, said experts.
The Government has issued Decree No 86/2016/ND-CP (July 1, 2016)
governing requirements applicable to securities investment and business
activities in Viet Nam.
The investors of the Viet Nam Securities Investment Fund (VFMVF1)
decided to convert from a closed-end fund to an open-end fund at an
extraordinary investors'' meeting yesterday.