open-ended fund

Update news open-ended fund

BUSINESS IN BRIEF 13/10

PVN to divest VND5 trillion from OceanBank, PVcomBank; Open-ended SSI-SCA fund starts operation; Vietnam, RoK cooperate in developing microchip industry; Start-up capital goes up 13.9 percent in 9 months

BUSINESS IN BRIEF 13/4

 VinaWealth launches open-ended fund; Banks cut rates on capital surplus; Draft Hanoi Metropolitan Region Planning under discussion; Quang Ngai calls for more investment in industrial zone; Foreigners interested in listed firms in Vietnam

BUSINESS IN BRIEF 29/12

 Phones, accessories climb to top exports at $21.5b; Agro-forestry and fisheries hit $27.5b; Commission certifies open-ended fund; Thanh Hoa top choice for Japanese funds; Firms owe millions in insurance premiums

Vietnam has first open-end funds

VietNamNet Bridge - Vinawealth and MB Capital Vietnam investment funds began operating in mid-December, with minimum capital of VND50 billion ($2.5 million). The two funds are supervised by HSBC.