Thailand’s Ministry of Finance is preparing to convert Thai Airways International’s debt into equity as part of the airline’s capital-raising plan.

The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKEVFTA) takes effect, according to banking insiders.

The Vietnam Oil and Gas Group (PVN) has announced it generated a total revenue of 365.5 trillion VND (15.8 billion USD) in the first half of this year, 18 percent higher than the six-month target and equivalent to 60 percent of the yearly goal.

A survey of the private-equity sector in July by consulting firm Grant Thornton found that 72 percent of respondents anticipated higher level of investment activities in Vietnam in the next 12 months

A greater number of investors participated in the equity auctions held on the Hanoi Stock Exchange in April, the northern bourse reported.