Consumer finance companies supporting bank stocks

With the State Bank tightening the credit flow into the real estate market, which has been a key lending channel of banks, most banks are now facing inhibitions in building their plans for 2019.

Banks compete to raise demand deposits

While smaller commercial banks focus more on competing to increase long term deposits, some state owned commercial banks tend towards raising cheaper cost funds from demand deposits. 

VietCapital Bank is one of the banks which offer high interest rates for depositors.

Ways to offer depositors high interest rates

Although the State Bank has warned commercial banks of their high deposit interest rates, these deposit rates have been getting even higher recently due to fierce competition between banks.

Illustrative photo.

No need to depreciate VND

In a discussion with Sai Gon Investment, Dr. Can Van Luc (photo), member of National Financial and Monetary Policy Advisory Council, said that the adjustment of CNY is not so bad for Vietnam to depreciate the VND now.
After 14 years of planning, Nhon Hoi economic zone has still gone nowhere.

Nhon Hoi economic zone changes investment strategy

The People’s Committee of Binh Dinh Province has just announced a revised and adjusted plan of renewing the building of the economic zone in Nhon Hoi. Accordingly, the new plan will focus on building a tourist, service and seaside housing area instead of a heavy industrial zone area as previously planned.

Illustrative photo.

Credit rating important in corporate bonds

Sai Gon Investment has received many comments, ideas and suggestions from many experts after posting several articles on the issues of corporate bonds on 26 August 2019.