Norfund invests USD 30Mln convertible loan in SeABank
Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest US$30 million to Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB) in form of a convertible loan. The loan can be converted into common shares of SeABank within 4-year term, aiming at providing additional capital to support retail banking customers, small and medium enterprises […]
Webcash Global signs MOU with Miracom
Webcash Global Co., Ltd. (CEO Lee Sil-Kwon) announced that it has signed a strategic business agreement with Miracom Inc. (CEO Kang Seok-Rip, hereinafter Miracom) and Webcash Vietnam (CEO Wang Moon-Chan) to target the Vietnamese market and find new customers. On November 8th, key officials including CEO of Webcash Global Co., Ltd. Lee Sil-Kwon, CEO of […]
Investment banking in Vietnam: Decoding the land of opportunity
Vietnam has recently become an investment hotspot, attracting the attention of the global investment community. The finance and banking industry in Vietnam has constantly developed and contributed greatly to the Vietnamese economy. According to a report from the General Statistics Office of Vietnam, by the end of 2022, the finance, insurance and financial investment sectors […]
Webcash Global launches fund management solution ‘WeMBA’
Webcash Global (CEO Lee Sil-kwon) announced the launch of WeMBA, a global B2B fintech fund management solution, in Vietnam. WeMBA is a solution that has tailored “Branch,” a fund management system for mid-sized and large companies in Korea developed by Webcash, to the Vietnamese market. It enables real-time verification of the fund status by linking with […]
Vietnam is the Next Foreign Investment Powerhouse in Asia: Ngoc Tran of VPS Securities
Vietnam, the land of the Ascending Dragon, is predicted to reach a GDP of over 6.5 percent this year. This is mainly because of several beneficial free trade agreements and FDIs it has attracted. As per reports, the GDP already registered a 3.32 percent growth in the first quarter of 2023. The Business community in […]
