The US Government has recently increased import tariffs on goods imported from China which in short term might create certain advantages for exported goods of Vietnam; however, according to many enterprises, in long term, the US market is no longer a potential and comfortable market.
Although in the first four months of this year, registered foreign investment capital into Vietnam hit a record high, there was no large-scale project. According to experts from the Ministry of Planning and Investment, the first-billion-dollar project this year will possibly be a project from Hong Kong (China): Weijia Textiles Vina.
Several automobiles manufacturers in Vietnam have run various promotional campaigns for a third consecutive month in order to boost demand and sales amid the context that foreign-made cars have been imported heavily into Vietnamese market.
Vietnamese Prime Minister Nguyen Xuan Phuc and President of Myanmar Win Myint expressed their pleasure at active development and achievements in all cooperation fields, especially since relations between the two nations were raised to the comprehensive partnership in 2017.
Recently, some people were caught using fake land rights certificates to fraudulently transfer and misappropriate assets of innocent and unsuspecting people, to the tune of hundreds of billion dong. This situation is becoming alarming and is caused by swindlers using loopholes in management of related government departments.
Saigon Union of Trading Cooperatives (Saigon Co.op) has announced that more than 600 its supermarkets and convenience stores including Co.opmart, Co.opXtra, Co.op Food, Co.op Smiles, Cheers nationwide will stop selling all plastic straws from their shelves this month.
Goods and services trading continued its upward trend in the January-April period with the retail sale value increasing at the highest rate since 2015, according to the General Statistics Office (GSO).
As credit for real estate market has continued to be tightened, real estate companies have had to use other mobilization channels, including issuing bonds and looking for foreign investors so as to reduce dependence on banks.
Most developed and successful countries have created favorable conditions for the development of the private sector. The market mechanism application in such countries is improving day by day. The essential public policies on one hand help the market mechanism to operate more effectively, while on the other hand also support government to manage market weaknesses. The balance of three key sectors of market-government-society plays an important role in this process.
At a regular meeting of the government, the Prime Minister asked the Ministry of Finance to complete the Decree on use of public assets to settle with BT constructors (exchange land for infrastructure) at the earliest, and propose to the government ways to approve and issue.
(ĐTTCO) - Public private partnership, or PPP, is an investment model which leverages the resources of both public and private sectors in completing a project. In the last 10 years of implementing this model (under the BOT and BT form), many thousand billion dong infrastructure projects have been constructed. However, some constraints still remain which are cause of much government losses as well as social disputes.
SGGP Investment & Finance has received much feedback on our article “Restrict … to be safe”, dated 29 April 2019, which analyzed the draft of a legal document of State Bank on restricting intermediary payment tools.
The growth in economy does not always transfer to the same growth as the stock market and stock price. Most blue-chip stocks are not expected to increase much this year, given the lack of domestic and foreign cash flow and ensuing escalating risk in global political issues as well as the US-China trade war.
(ĐTTCO)-Thanks to its continuously international flight network expansion in the first quarter, Vietjet’s air transport revenue grew nearly 28% year on year. Air transport profit before tax reached to VND923 billion, up to 25.3% year on year, consolidated profit before tax reached VND1,648 billion, increased 11.3% compared to the same period of 2018.