Currently gold investment not wise choice

In a talk with Saigon Investment, Dr. Nguyen Tri Hieu, a finance and banking expert, commented that currently the world gold market is fluctuating dramatically because of political and economic tensions worldwide. 

HCMC Science-Technology Business Club launched

HCMC Science-Technology Business Club launched

A new club specially for science-technology companies in Ho Chi Minh City (HCMC) was formally launched in yesterday conference ‘Developing Science-Technology Businesses in HCMC’.


The US has been carrying out antidumping investigation on made-in-Vietnam plywood. (Photo: SGGP)

US market no longer comfortable for Vietnamese enterprises

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.

Dollar exchange rate makes new record

Dollar exchange rate makes new record

The State Bank of Vietnam continued to raise reference exchange rate by VND10 per dollar on May 15 sending the US dollar exchange rate against the Vietnamese dong to a new record high of VND23,064 per dollar.

Vietnam expects large-scale FDI projects

Vietnam expects large-scale FDI projects

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.

Imported cars at SPCT Port. (Photo: SGGP)

Auto salons struggle to boost sales amid increasing supply

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.

Chairwoman of the National Assembly of Vietnam Nguyen Thi Kim Ngan and President of Myanmar Win Myint (photo:VNA)

Vietnam and Myanmar strive to reach US$1 billion trade turnover

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. 

Advantages for investors in Ho Chi Minh City

Advantages for investors in Ho Chi Minh City

At the Investment Conference held last week in Ho Chi Minh City, Nguyen Thanh Phong, Chairman, People’s Committee of Ho Chi Minh City, and Nguyen Thien Nhan, Secretary, Central Party Committee of Ho Chi Minh City, highlighted the various efforts made to attract both domestic and foreign investors to create a new vibrant economic driving force in Ho Chi Minh City within the next couple of years. 
Consequential impact of price shock on enterprises

Consequential impact of price shock on enterprises

“Currently, petroleum price is decided via market mechanism determined by the government. Petroleum is an essential product for manufacturing, running various operations and for our daily lives. Changes in price of petroleum products will impact the macro stability and inflation management. As petroleum price impacts directly people’s lives, this can cause anticipated inflation”, said the Minister of Industry and Trade at a government meeting on 4th April 2019. 
Many land parcels in Bao Loc district, Lam Dong province have been leveled and advertised to be in a favourale postion in the near futute to lure buyers (Photo: SGGP)

Projects in theory, raising prices in reality

Whenever information on infrastructures of a town gets leaked, even as a mere proposal of the government, real estate prices of that area would immediately go up. The public as well as real estate investors must keep their heads straight against rumors of this type.

Evaluate Stocks of Different Sectors

Evaluate Stocks of Different Sectors

At a discussion with SGGP Investment & Finance, Mr. Dao Phuc Tuong (picture), Investment Director of APS Fund Management (Singapore), delivered a short analysis on some companies which will have direct impact on the GDP growth in 2019.
After-Transfer Concerns at CMSC

After-Transfer Concerns at CMSC

In a discussion with SGGP Investment & Finance, Deputy Professor Dr. Dinh Trong Thinh (photo), Head of International Financial Management course at Academy of Finance, said, “There is need to clarify the roles of Commission for the Management of Stake Capital-CMSC and other ministries and sectors related to State Owned Enterprises-SOEs”.

Commitment to support investors

Commitment to support investors

(ĐTTCO) - The Investment Conference in Ho Chi Minh City is the time for investors to discuss various business potentials and opportunities, as well as meet with City authorities and resolve any constraints in enterprises. Through discussions, Ho Chi Minh City is also made aware of the City’s limitations in attracting investments, creating policies and finding solutions for a favorable business environment, and building new driving forces for future economic growth.
Another way to attract foreign investment

Another way to attract foreign investment

Most enterprises are not willing to increase their foreign ownership limit because when this ratio rises above 51% the companies will be treated as foreign investors. This will curtail several business areas and require companies to change investment criteria to that of foreign investor. Meanwhile, many foreign investors claim that it is very difficult to buy good stocks due to limit in foreign ownership in various companies.