Saga of foreign retail brands

Twenty years ago the Vietnamese retail market started receiving many lucrative foreign investments. So far, we have seen many of these foreign retail brands come in as well as go out.

FED rate cut will not impact Vietnam interest rate

FED rate cut will not impact Vietnam interest rate

Some Central Banks across the globe have eased their monetary policies to support economic growth. The market also expects FED to cut the interest rate in the next meeting in July. Will the monetary easing of other countries impact the monetary policy of Vietnam?

Movement of cash flow from state treasury impacts markets

Movement of cash flow from state treasury impacts markets

Since 2017, due to slowdown in public investments, the State Treasury has deposited its money in commercial banks. These money amounts are proceedings of government bond issuance. Recently, the movement of the cash flow from the State Treasury has impacted significantly the market interest rate and the stability of the financial market.

Japanese Prime Minister Shinzo Abe, left, and South Korean President Moon Jae-in (Source Photo by AP)

Japan to remove South Korea from export 'white list'

Prime Minister Shinzo Abe's government on Friday formalized Japan's decision to remove South Korea from its "white list" of 27 countries with preferential trade status, a move that further fuels bilateral tensions.
Tariffs on remaining $300 billion of Chinese goods will start on Sept. 1, Trump announced Thursday.   © AP

Trump announces 10% tariffs on $300bn of Chinese goods

U.S. President Donald Trump said Thursday that he will impose additional 10% tariffs on $300 billion worth of Chinese imports starting Sept. 1, blaming Beijing's foot-dragging on agricultural purchases and other promises made during previous negotiations.

VietABank has the highest saving interest rate.

Market worry on Fed interest rate cut

The interest rate in the interbank market has fallen significantly over the last time, showing that there was no liquidity pressure in the market. However, the interest rate in the primary market has increased gradually. Currently, VietABank and NCB offer depositors an interest rate of 9.1%/year and 8.8%/year, respectively. The other banks, including CB, VietCapital Bank and TPBank also list the interest rate at 8.6%/year.

Gold spirals and domestic monetary policy

Gold spirals and domestic monetary policy

Is there something strange happening in the international and domestic gold and money markets recently? The gold price in the global market has been increasing continuously and there is no sign that it will cool down. Though, the gold price in the domestic market has maintained a lower rate than the global price. Also, the US money policy has been different from the money policies of other central banks, so which way should the monetary policy of Vietnam follow?

Hung Loc Phat project is suspended from construction because of mixed land.

Conflict in land regulations in real estate projects

There exists a conflict in many real estate projects that have mixed land status but have had their investment plan approved by the People’s Committee of Ho Chi Minh City, as the developers of these projects have not yet cleared all the legal and administrative procedures because of various conflicting regulations. This conflict has led to many projects being held-up or postponed.

EIB has surged significantly over the last time despite their business operations facing many difficulties.

Investors doubt stock value of Eximbank

The share price of Eximbank (EIB) has surged significantly over the last time despite their business operations facing many difficulties and the stability of the management still under question, leads investors to doubt the stock value of the bank.

A ship loaded with containers readies to depart Qingdao in China's Shandong Province.   © AP

Trade war triggers Asia-wide exports slump

Asia's major economies faced slumping exports in June as the effects of stalled U.S.-China trade talks rippled through the region, weighing heavily on a regional supply chain deeply connected to China.

BÁO XUÂN KỶ HỢI 2019