Today: 4 Jan 2006
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SSC approves new fund

The State Securities Commission (SSC) has granted a licence to the Bank for Foreign Trade of Vietnam (Vietcombank) to set up a securities investment fund management joint-venture company.

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BIDV to finance major corporations

The Bank for Investment and Development of Viet Nam (BIDV) signed a comprehensive co-operation agreement to supply capital and banking services to four large State-owned corporations last Friday.

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Ministry works to develop financial market

Vietnam is taking moves to develop its financial market strongly in the 2006-2010 period. Among these steps is a plan developed by the Finance Ministry, in which it sets its focus on bonds, securities and insurance.

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