StoxPlus contracted by The World Bank for quarterly research on Vietnam Financial Sector

26 April 2017 - 06:04 PM Alternate Text

StoxPlus has signed a one year contract to prepare quarterly reports containing financial sector updates including banking sector, capital markets, securities markets and other topics of interests with the purpose to further strengthen the support from the World Bank Group to sustainable development of financial markets in Vietnam.

Given the current trends and dynamics of Vietnamese economy and banking sector as well as financial sector as a whole, it is important to monitor economic and financial performance to identify vulnerabilities and emerging risks in the financial system of Vietnam. StoxPlus has been commissioned -- by the World Bank Group in developing analytical tools to assess the stability of the financial sector. This is for the purpose of regular monitoring and providing inputs and background for policy dialogues with different Government agencies of Vietnam and the State Bank of Vietnam.

Ms. Nguyen Thi Quynh Lan, Managing Director, Business Information Unit of StoxPlus said “We are very proud to support the Finance & Markets team of The World Bank Group in Vietnam in the compilation of data in a standardised format, synthesizing and interpreting important developments of Vietnamese financial sector and related factors. Through working with The World Bank in addition to many other financial institutions in Vietnam, we hope to make a contribution to the transparency and the development of Vietnam Financial Sector as a whole”.

In addition to the banking sector, StoxPlus’s Financial Specialist Team has been well positioned as an independent market research house for Consumer Finance Markets, Insurance, Finance Leasing, Retail Banking and other emerging topics including Fintech as a disruptive model to the financial service sector in Vietnam.

ABOUT STOXPLUS

StoxPlus specializes in financial and business information in Vietnam. We provide FiinPro Platform (www.fiinpro.com) as an unique financial database and analytic platform for fund managers and securities houses here in Vietnam. We also provide private or non-public company research reports, industry and market studies and related services including market/business due diligence, market entry consulting and investment screening.  Please refer to www.biinform.com for more details.

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