Ho Chi Minh City leaders and Government representatives and participants attended the Ho Chi Minh City Economic Forum. Photo: HOANG HUNG

Catching up on new world trends

Recently, the Ho Chi Minh City Economic Forum 2019 (HEF-2019) under the theme “Ho Chi Minh City: the next Asian and Global Financial Center” was organized by the People’s Committee of Ho Chi Minh City, in which more than 800 delegates participated, including leaders from the Government and various ministries, representatives of diplomatic agencies, leaders from the World Bank, leaders of international financial institutions (such as IMF, IFC, ADB), financial and corporate experts and more than 30 eminent national and international speakers.

State-owned enterprises need more autonomy

The Enterprise Law stipulates that the legal entity of state-owned enterprises (SOEs) has full rights and obligations as that of any other enterprise in the economic sector with similar organizational structures.

Drastic fall in steel stocks worry investors

The steel industry has long been considered the “spine” of the industrial sector because it has a direct impact on the field of construction, real estate and the turnover of imports, exports and trade.

Illustrative photo: LONG THANH

Risks growing for steel industry

The steel market across the world recorded a slowdown as trade tensions between the US and China remain unresolved, and all major global economies showed a negative growth rate, with substantial decrease in production activities and a slowdown in demand for steel as well.

U.S. Federal Reserve chair Jerome Powell speaks during a discussion at the Economic Club in Washington on Jan. 10, 2019. (SAUL LOEB/AFP/Getty Images)

Is Powell Playing Fed Games?

The Federal Reserve will be adding assets to its balance sheet again, but Powell insists it’s not “quantitative easing”
Prime Minister Nguyen Xuan Phuc welcomed business delegations at VBS 2018. Photo: VIET CHUNG

Vietnam to focus on capable investors in Summit

Speaking to Saigon Investment prior to the Vietnam Business Summit (VBS-2019), Ms Pham Chi Lan, former member of the Prime Minister’s Board of economic researchers, said that Vietnam is under a lot of pressure currently, and VBS-2019 will be a great opportunity to choose good investors and partners for future development projects.

Chinese Vice Premier Liu He (L) hands over a letter of Chinese leader Xi Jinping to President Donald Trump at the Oval Office of the White House in Washington, on Oct. 11, 2019 (NICHOLAS KAMM/AFP via Getty Images)

US, China Reach a Partial Trade Deal, Easing Tensions

President Donald Trump announced on Friday that the United States reached a partial trade agreement “in principle” with China, on intellectual property, financial services, and agriculture.