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.
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.
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.