The logo of Deutsche Bank building in Amsterdam. The German lender's latest decision to remove global equities unit from its business portfolio may not impact the Vietnamese market.- AFP Photo German Deutsche Bank early this week announced it will axe its global equities unit, cut some fixed-income operations and lay off around 18,000 staff as part of its restructuring plan. … [Read more...] about Deutsche Bank’s restructuring not expected to harm Vietnam market
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In late January, the exchange rate quoted by banks was VND23,100/23,270 per dollar, increasing by VND20 and VND40 per dollar, while the dollar price in the free market was VND23,200/23,300 per dollar, increasing by VND30 and VND120 compared with the end of 2019. In late January, the exchange rate quoted by banks was VND23,100/23,270 per dollar, increasing by VND20 and VND40 per dollar, while the dollar price in the free market was VND23,200/23,300 per dollar, increasing by VND30 and VND120 compared with the end of 2019. … [Read more...] about How will exchange rate and interest rate be affected amid Covid-19 outbreak?
At present, pork-proportion in the Vietnamese “meat basket” accounts for 70 per cent of all kinds of meat. Based on this calculation, the Ministry of Agriculture and Rural Development has considered the need to restructure the livestock production in order to reduce the pressure on pig rearing. It is projected that the Strategy for animal rearing in the period between 2020-30 will soon be approved by the Prime Minister. In the strategy, the number of pig heads nation-wide will be reduced considerably while increasing the raising of other domestic animals and grass gracing animals. This is best way to achieve sustainable development of the Vietnamese livestock breeding. … [Read more...] about When will the pig raising restore to normal?
NEW YORK, USA - EQS Newswire - February 18, 2020 - Focus Financial Partners Inc. ("Focus"), a leading partnership of fiduciary wealth management firms, today announced that it has entered into a definitive agreement for MEDIQ Financial Services ("MEDIQ"), an integrated wealth management firm headquartered in Melbourne, to join the Focus partnership. The addition of MEDIQ reflects continued momentum in the expansion of Focus' international footprint. The transaction is expected to close in the second quarter of 2020, subject to regulatory approval and other customary closing conditions. … [Read more...] about Melbourne-Based MEDIQ Financial Services to Join Focus as a New Partner Firm Focus Continues Expansion in the Australian Wealth Management Market
On January 13, the Ho Chi Minh City Civil Judgment Execution Department had confirmed that it received Vu’s payment of the above VND1.19 trillion ($51.1 million) in full. The same day, the department also received a written request from the Supreme People's Procuracy to postpone execution of the ruling, to give it time to "consider a cassation request Thao had submitted on the judgement." … [Read more...] about Vietnam’s Coffee Queen abdicates Trung Nguyen throne