Thursday , May 2 2024

Business

Business

Shareholders with 1% in banks must be disclosed

Shareholders with 1% in banks must be disclosed

Banks must disclose the information of shareholders owning 1% or more stakes in the lenders, along with the investors’ associates, starting July, according to a new regulation. The latest changes in the Law of Credit Organizations, which were approved by the National Assembly last Thursday, aim to tighten regulations on …

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FLC yacht price drops 36% at seventh auction

FLC yacht price drops 36% at seventh auction

After six failed attempts due to lack of bidders, lender BIDV plans to again try and auction a yacht belonging to embattled company FLC. The FLC Albatross will have a reserve price of VND23.2 billion (US$945 million), 36% less than last time. The state-owned lender will hold the auction in …

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Dollar ticks up against dong

Dollar ticks up against dong

The U.S. dollar rose slightly against the Vietnamese dong Tuesday morning as it steadies around the highest since early November. Vietcombank sold the dollar at VND24,730 Tuesday, up 0.10% from Monday. The State Bank of Vietnam’s reference rate was steady at VND24,030. The greenback was unchanged on the black market …

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Seafood exports enjoy bright prospects in Swiss market

A seafood processing factory in the central province of Quảng Ngãi. Vietnamese exporters are urged to foster seafood shipments to Switzerland. — VNA/VNS Photo Đinh Hương HÀ NỘI — Vietnamese businesses should make greater efforts to tap the potential of seafood exports to Switzerland, a trade official said. Nguyễn Đức …

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ISCA Signs MOUs with Indonesian Accountancy Bodies and Education Centre to collaborate on initiatives for accountants in Indonesia and Singapore

SINGAPORE – Media OutReach Newswire – 23 January 2024 – The Institute of Singapore Chartered Accountants (ISCA) announced the signing of three landmark Memoranda of Understanding (MOUs) with key stakeholders in Indonesia, strengthening international collaboration and fostering new opportunities for the accountancy profession in both countries. With 26.7 million Indonesian …

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Việt Nam always accompanies and supports Romanian investors: PM

PM Phạm Minh Chính speaks at the Việt Nam – Romania Business Forum. — VNA/VNS Photo BUCHAREST — The Vietnamese Government always accompanies and supports foreign enterprises, including those from Romania, so that they can make long-term, effective and sustainable investment in Việt Nam in the spirit of “harmonising benefits …

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