Pandemic can worsen bad debt situation

Pandemic can worsen bad debt situation

(ĐTTCO) - The unpredictability of the Covid-19 pandemic will continue to impact the worsening situation of bad debts this year. Although, bad debts are currently being contained at a low level via Circular 01 issued by the State Bank of Vietnam in mid-March this year, which allows banks to restructure loan repayment terms, exempt and reduce interest fees, and keep all debt groups to support customers affected by the Covid-19 pandemic. However, it is clear that these measures are but temporary attempts to contain bad debts.

Challenges in agricultural food supply to HCMC

(ĐTTCO) - The demand for agricultural produce in Ho Chi Minh City poses several challenges in the management of the complex agricultural food supply chain to the City. 

Export standards must apply to domestic vegetables

(ĐTTCO) - Agricultural produce for domestic consumption must set the same standards as those for export to other countries. This ensures the health of all consumers, and creates a level of equal competition for growing clean genuine produce. 
Contribution towards global prosperity in 2019 by country. Source: World Bank

Asiaphoria on down spiral

(ĐTTCO) - In 2013, the concept idea of ‘Asiaphoria’ was first introduced by Larry Summers and Lant Pritchett, both of who are professors at the Harvard Kennedy School in USA. As per their research, a consensus forecast of future global economy predicted a major shift towards Asia, especially towards two Asian Giants, namely, China and India.

Transport infrastructure connects the center to the East of Ho Chi Minh City.

Multitude factors play role in development of Eastern City

(ĐTTCO) - Ho Chi Minh City leaders are determined to see the development of a dream project of creating a high tech and modern ‘city within a city’. However, realistically the idea may take from ten to fifteen years to be fully actualized, as a multitude of factors need to be considered. 
Illustrative photo.

EVFTA may boost flagging apparel industry

(ĐTTCO) - Vietnam will sign the European Union Vietnam Free Trade Agreement (EVFTA) in the National Assembly this month. This agreement is expected to boost the flagging textile and apparel industry. In the first quarter of 2020, the textile and apparel sector in Vietnam saw several companies face huge losses and slowdown in production.
The plant of DNY has stopped operation since 2018.

DNY – Detrimental fall

(ĐTTCO) - The DANA-Steel Joint Stock Company-Italy (DNY) was once the biggest steel producer in the Central region and Central Highland region of Vietnam. However, soon after the company was accused of causing serious environmental pollution, DNY quickly lost its lead position and company shares plummeted.
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New wave of business acquisitions not a concern

(ĐTTCO) - The sudden and widespread outbreak of the Covid-19 pandemic has caused many business stocks to plummet. This has been a serious cause of concern because it has led to a new wave of cheap buying and acquisition of businesses. This issue was discussed in detail with Mr. Dinh The Hien, (PhD) in a talk with Saigon Investment.
May 10 was one of hard hit enterprises in Q2.

Foreign investors eyeing weak domestic enterprises

(ĐTTCO) - The sudden and unpredictable spread of the Covid-19 pandemic since early this year has caused several very healthy businesses to buckle under uncertain times and conditions, and has placed them in dire and difficult situations.
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Economic stimulus at right time with right objective

(ĐTTCO) - Even though achieving a GDP growth rate of around 4.5% will be quite a challenge this year, it is still possible to achieve, provided it receives guaranteed support in development plans. For this, we need to stimulate the economy at the right time, with the right dose and with the right objectives, while keeping in mind delays in fiscal and monetary policies.
Emphasis on fiscal and monetary policies for economic recovery

Emphasis on fiscal and monetary policies for economic recovery

(ĐTTCO) - A research study conducted by the University of Economics in Ho Chi Minh City and the Institute for Development and Research in Banking Technology (VNUHCM-IBT) on selecting the most appropriate economic recovery policies in Vietnam in the aftermath of the Covid-19 pandemic, focus is on fiscal policy and monetary policy as the main tools. 
Fishery is much benefits from EVFTA, but their raw materials must meet standards.

EVFTA regulations cannot be side-stepped

(ĐTTCO) - The National Assembly will finally ratify the EU-Vietnam Free Trade Agreement (EVFTA) on 20 May, and EVFTA will officially take effect in July 2020. Many people think that EVFTA is a way for Vietnamese enterprises to get rid of deadlocks when the Covid-19 pandemic is finally brought under control, but actually the situation may not be as simple as it seems.
New accounts boost cash flow in stock market

New accounts boost cash flow in stock market

(ĐTTCO) - The stock market surprised investors in the first quarter of 2020, with a sudden surge in liquidity. Securities companies noticed how new investors rushed to buy fresh stocks, while old accounts were also re-activated.
Effects of Circular No. 36 seen on VN Index. Blue lines indicate rise and fall of VN Index. Red line shows a long-term tendency. Green line reflects a medium-term trend.

Increased credit can boost securities market

(ĐTTCO) - The State Securities Commission of Vietnam (SSC) has proposed to the Ministry of Finance for the State Bank of Vietnam (SBV) to increase credit limits to boost the securities market in the aftermath of the Covid-19 pandemic.
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Lost opportunities for Vietnamese exports

(ĐTTCO) - Global markets move fast and do not wait for businesses to respond. Hence, when exports from Vietnam miss the beat and lose out on immediate opportunities, enterprises directly face losses both in revenue as well as market share.
Illustrative photo.

Vietnam has ample opportunities to diversify

(ĐTTCO) - The EU-Vietnam Free Trade Agreement (EVFTA) is expected to be approved by the National Assembly in May, and the US wants Vietnam to participate in the restructuring of the global supply chain in the aftermath of the Covid-19 pandemic.