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Vietnam government should intervene in bond market: ADB economist

Vietnam government should intervene in bond market: ADB economist

The government should not let the bond market self-regulate but instead should intervene more deeply to make it a safe channel for capital mobilization, said Nguyen Minh Cuong, principal economist for the Asian Development Bank. Between VND150-200 trillion ($6.4-8.5 billion) in bonds are set to mature this year, and if …

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Tan Son Nhat airport traffic sets another record

Tan Son Nhat International Airport in HCMC handled more than 149,000 passengers on Friday, the highest single-day passenger number at the country’s largest airport. A manager of the airport said 91,000 of those passengers flew into Ho Chi Chi Minh City from elsewhere, including 71,000 on domestic flights. Around 58,000 …

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Salary payment startup GIMO raises $4.6M

Salary payment startup GIMO raises $4.6M

Vietnam’s on-demand salary payment startup GIMO has raised $4.6 million in a Series A funding round. The startup, which offers nearly instant payroll to blue-collar workers whenever they need it, has secured the cash from Southeast Asia-focused venture capital company TNB Aura, among others, DealStreetAsia reported. In 2021, the company …

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