News

Two of Vietnam’s payments startups are merging to add scale in the market where cashless payments are booming.

Vietnam, Bangladesh, Pakistan and Myanmar will be the top growth markets for consumer goods giant Unilever over the next few years as a rapidly growing population and an emerging middle class rapidly consume the company’s household good products, Chief Executive Officer Alan Jope said.

Vietnam’s long-term issuer default rating (IDR) has been upgraded to positive from stable, thanks to its improving track record of economic management, evidenced by high growth with stable inflation.

Shares in Asia Pacific declined on Wednesday following an overnight trading session on Wall Street that saw the end of the Dow Jones Industrial Average’swinning streak.

The Hanoitimes - By 2020, the number of phone subscribers is projected to reach 80 million, creating a favorable platform for promoting mobile payment, financial services and e-commerce.

The Hanoitimes - Covered warrants will be an alternative technical tool as foreign investors are not limited to buy the securities product and can freely trade it as domestic investors do.

The Hanoitimes - The stronger trade flow would boost Vietnam’s productivity and industrial capacity, enabling the country to further take advantage of trade diversion.

The Hanoitimes - Not only did VinFast successfully catch international attention but it also highlighted the “national pride” among the domestic consumers.

HOSE: Market Summary 12.06.2019