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Central agencies must do their best to get Vietnam off the monitoring list, aka grey list, of the Financial Action Task Force (FATF) in two years’ time, otherwise the country will face severe consequences, Deputy Prime Minister Le Minh Khai said. ....
Japan’s century-old ASKA Pharmaceutical Co., Ltd plans to increase its stake in Ha Tay Pharmaceutical JSC, traded on the Hanoi Stock Exchange as DHT, to 33%. ....
Foreign investors will likely put between $5 billion and $8 billion into Vietnamese securities if the local stock market is elevated to an emerging one from its current frontier status, a VinaCapital executive has said. ....
Despite near-term headwinds to national economic growth, Vietnam’s export-driven economy is expected to resume rapid growth over the medium term, as shipments to major markets rebound, said Rajiv Biswas, Asia Pacific chief economist at S&P Global Market Intelligence. ....
The Vietnamese government plans to borrow VND676.06 trillion ($27.6 billion) in 2024 to cover the state budget deficit and finance rollovers and reloans, according to a report sent to the parliament. ....