morgan-stanley-builds-vietnam-business

Morgan Stanley builds Vietnam business

The firm pairs up with Gateway Securities to offer a range of services in Vietnam.
Morgan Stanley announced on Wednesday that it has received regulatory approval from VietnamÆs State Securities Commission SSC to set up a domestic presence in Vietnam with local partner, Gateway Securities.

The venture, in which Morgan Stanley will own a 49% stake, will be based in Hanoi and operate as Morgan Stanley Gateway Securities Joint Stock Company Morgan Stanley Gateway Securities. Detailed terms of the transaction were not disclosed.

But the firm did announce that the new venture has received an underwriting license from the SSC. Following the financial closing of the transaction Morgan Stanley Gateway Securities will be able to conduct a range of services in Vietnam including investment banking advisory and underwriting,...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222