Vietnam opens economy to foreign funds

The company intends to list on the Australian Stock Exchange in the next five months. On February 29, VECL listed 50 million shares on the NSX at 25 cents each, aiming to raise $12.5 million. The minimum application was $2,000.

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Canada establishes new SWF amidst global push for nation-building investment

Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.

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