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.

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. 

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.

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.

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.
YEG was once one of the most fastest-growing mutichannel media conglomerate in South East Asia.

YEG - Dream turned Sour

(ĐTTCO) - Investors at present are questioning whether the latest decision by the Tan Hiep Phat Beverage Group (THP) to invest capital in Yeah1 Group JSC (YEG) will help YEG revive its fortunes after being cut-off by YouTube, and if the viewers will retain the same confidence in the company as they have done in the last many years. 
Thu Thiem Bridge-2 Project is making speedy progress.

City accelerating completion of key infrastructure projects

(ĐTTCO) - Even though the Covid-19 pandemic has been a great hindrance in the implementation of some major infrastructure projects in Ho Chi Minh City, the City leaders are determined to support investors to speed up construction works so as to complete the projects as per schedule. 
Fall in oil price an opportunity to increase reserves

Fall in oil price an opportunity to increase reserves

(ĐTTCO) - According to Mr. Tran Viet Ngai, Chairman of Vietnam Energy Association (VEA), the price of crude oil in the world market has dropped to the lowest level in two decades, which provides an opportunity now to buy oil for reserves.
Prime Minister calls for reimbursing excess tax to companies

Prime Minister calls for reimbursing excess tax to companies

(ĐTTCO) - The corporate world has been severely hit by the sudden widespread outbreak of the Covid-19 pandemic, and to lessen the burden on businesses, the Prime Minister has asked the Ministry of Finance to ease on taxes and reimburse excess sums of money collected from companies. 
IFC Strengthens Cooperation with Vietnam Institute of Directors, Helping Companies in  Covid-19

IFC Strengthens Cooperation with Vietnam Institute of Directors, Helping Companies in Covid-19

(ĐTTCO) - IFC, a member of the World Bank Group and the Vietnam Institute of Directors (VIOD) signed a new cooperation agreement on April 27 following the success of the partnership over the past two years. The continued cooperation will strengthen VIOD’s capacity in delivering professional development programs for boards of directors, helping raise Vietnamese companies’ corporate governance standards on par with its peers’ in the region.
Restructuring of bad debts will be daunting

Restructuring of bad debts will be daunting

(ĐTTCO) - The daunting and challenging project to "Restructure Credit Institutions (CIs) to deal with Bad Debts in the period 2016-2020", issued by the Prime Minister on 19 July 2017, intends to bring Bad Debts to below 3% by the end of 2020.

The banks must accept the decline in profits, even losses at this time. Photo: VIET CHUNG

State Bank estimates an increase in bad debts

(ĐTTCO) - The State Bank of Vietnam (SBV) is looking objectively at the current bad debt scenario, and estimates that bad debt ratio may be difficult to keep below 3% this year.

In a wood processing factory of SJF.

SJF - Plummeting Shares

(ĐTTCO) - The Sao Thai Duong Investment Joint Stock Company Limited (SJF) once traded at VND 28,000 per share. Though the business activities of the company were not too negatively affected by the US-China trade war, the SJF shares have suddenly plummeted to a mere VND 1,000 per share, much to the astonishment of shareholders.