Tag: waiver of formal penalties

"A financial hub is not defined by the physical size of a building or the number of hectares of land it occupies. Its essence lies in the legal framework, the mindset, and, most crucially, its ability to foster an environment that encourages and nurtures new ideas and innovations. This is the insight offered by Mr. Mai Huy Tuan, who emphasizes the intangible yet powerful aspects that truly make a financial center thrive."

The stock market continued its upward trajectory on today's trading session (August 6th), with the VN-Index surging over 26 points to reach a new high of 1,573. The banking sector witnessed a collective surge, led by TCB, which extended its gains following news of its subsidiary's initial public offering (IPO). Notably, foreign investors returned as net buyers, further bolstering the market's momentum.

The spotlight is on Techcom Securities Joint Stock Company (TCBS) as it announces its initial public offering (IPO) price of VND 46,800 per share. But does this price truly reflect the potential and stature of a leading Vietnamese WealthTech company?