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The central bank then issued Circular 05 to speed up the disbursement of the financial aid, which took effect on May 7. However, no enterprises have taken out loans from the program, as they cannot provide the necessary papers to prove their situation and financial needs. … [Read more...] about VN central bank’s VND16 trillion aid receives lackluster response from employers

Some banks are collecting treasury stocks to reduce the number of shares in circulation and reduce foreign ownership ratios. This is seen as preparation to receive ‘big fish’ who are ready to spend big money to acquire Vietnam’s bank shares. … [Read more...] about Big players enter Vietnamese stock market