Vietnamese firms’ dreams of foreign bourse listings hit repeated snags
11:27 | 21/06/2018 Finance - Banking
(VEN) - Vietnamese firms are facing difficulties in listing on overseas stock markets due to the strict listing criteria set by foreign stock exchanges. Major corporations such as Vinamilk, Hoang Anh Gia Lai, and Saigon Securities Corporation have all put forward plans to list abroad over the past ten years, but none of them have managed to go through with their roadmap due to restrictions in foreign ownership (which have since been lifted), differences in accounting standards, and the global financial crisis.
Finance ministry to ease G-bond rules
09:23 | 11/06/2018 Finance - Banking
The Ministry of Finance will streamline regulations on Government bonds (G-bonds) issuance and simplify procedures for granting transaction codes to attract foreign investments in the country’s G-bond market, officials said.