Investment fund vietnam

In'l partnership drives VN resort developer toward luxury segmentHanoi French Hospital improves service quality with the launch of new facilityStrong partnership to prevent non-communicable diseases threats at an early stageGoBear Vietnam Closes a Record Year of Strong GrowthBIM LAND and HYATT make Agreement at Vietnam Travel and Tourism Summit 2019 StoxPlus provides Datafeed Service to Shinhan Bank Vietnam Ltd. for its Securities Service System According to the Agreement signed in March 2017, StoxPlus Joint Stock Company (“StoxPlus”) agreed to provide Shinhan Bank Vietnam Ltd. (“Shinhan Bank Vietnam”),  datafeed covering market data and corporate actions for all listed companies on Vietnam Stock Market. The data is used for the Securities Services System of Shinhan Bank Vietnam with an Application Programming Interface (“API”) – a standard DataFeed Service system developed by StoxPlus and commonly used as best practice in the World. … [Read more...] about StoxPlus provides Datafeed Service to Shinhan Bank Vietnam Ltd. for its Securities Service System

Former Malaysian Prime Minister Najib Razak (Photo: upi.com)   Kuala Lumpur (VNA) – Former Malaysian Prime Minister Najib Razak was charged on September 20 with money laundering and abuse of power in connection to the case of the state investment fund 1Malaysia Development Berhad (1MDB). The charges include four counts of abuse of power, involving in 2.3 billion ringgit (556.3 million USD), and 21 counts of money laundering. Najib, 65, has denied all the charges. The Malaysia Anti-Corruption Commission (MACC) arrested Najib on September 19 for new corruption charges related to 1MDB. Najib was arrested on July 3 for corruption-related charges over his involvement in the multi-billion-dollar 1MBD scandal. He was later released on bail. He was charged with three counts of criminal breach of trust in his former posts as a prime minister and minister of finance, in association with the transfer of 42 million ringgit, or 10 million USD, from SRC International Sdn Bhd to his … [Read more...] about Former Malaysian PM Najib Razak charged with money laundering, power abuse

The country has seen a soar in investment this year. — Photo soha.vn HÀ NỘI — Venture capital funding pouring into Vietnamese fintech companies accounted for 36 per cent of the total fintech investment in Southeast Asia. The country had seen a soar in investment this year compared to 0.4 per cent last year. This was stated in the Fintech in ASEAN report released by the United Overseas Bank (UOB). Singapore took the leading position with 51 per cent, down from 53 per cent last year. Indonesia stepped down one place to third with 12 per cent, compared to 37 per cent last year. Thailand, Malaysia and the Philippines accounted for less than 2 per cent of Southeast Asia's total fintech investment, down sharply from about 10 per cent last year. In Việt Nam, the leading field attracting venture capital in fintech companies was payment. VNPay, a Vietnamese e-payment solutions provider, took the lead in the report with total capital revealed to be US$300 … [Read more...] about Việt Nam ranks second in fintech investment in Southeast Asia

Competition among airlines in Vietnam has intensified since Bamboo launched in January. Malaysia’s AirAsia Group recently canceled its foray into the Vietnamese market, and increased traffic has placed strain on Vietnam’s aging infrastructure. But Bamboo chief executive Trinh Van Quyet is confident he can fend off budget carrier VietJet and state-owned Vietnam Airlines by using the airline to connect his golf resorts to cities in Vietnam and northeast Asia. "Even international airlines don’t have an ecosystem like Bamboo’s," said Quyet, chairman of Bamboo’s parent company, FLC, which owns five golf resorts across the country. The young airline’s slogan is "more than just a flight." "We have the rooms and combo packages for passengers. They can visit Vietnam, stay and play golf for free," Quyet told Reuters in a recent interview from an FLC resort in Ha Long Bay. Quyet is hoping that helps draw tourist crowds from South Korea, Japan and Taiwan, some … [Read more...] about Birdies on a plane: Vietnam’s Bamboo Airways banks on golf resorts for success

Legal or regulatory obstacles with a low level of certainty and issues concerning grid access for private projects, are the most pressing to private investment. Experts have recommended the Vietnamese government to remove regulatory obstacles for domestic and foreign investors in the energy sector to avoid energy insecurity caused by inadequate infrastructure due to low private investment.  Legal obstacles should be resolved to attract private investors in energy projects. In a working paper released recently, the experts said that given the new position of public finance, though official development assistance and preferential loans were previously the major sources of energy investment, they have been reduced significantly. “The country will see a threat to energy security if sufficient capital for infrastructure and new energy, such as renewable energy (RE), cannot be raised,” remarked the experts. Injecting capital into the energy sector will enhance … [Read more...] about Actions advised for Vietnam to lure investors amid energy crunch