Vietnam needs to reduce number of festivals held annually

The jitters and panic caused by the sudden eruption and virulent spread of the highly contaminable coronavirus across the globe has called for an indefinite delay or total halt of several important public events.

Difficult to reduce interest rates in 2020

In 2019, interest rates were adjusted by several measures taken by the State Bank of Vietnam (SBV), and interest rates have fallen in certain segments. In 2020, interest rate reduction is forecast to happen only if commercial banks show healthy operations by reducing capital costs.

QCG - Victim of unsubstantiated rumours

Even after ten years of listing on HOSE, investors holding shares of Quoc Cuong Gia Lai Joint Stock Company (QCG) are confused because of unsubstantiated and ambiguous information being sent out by the company. In the current real estate market, QCG is now on a downhill trend and expectations from the company are almost defunct.

PVX had built big projects such as Nghi Son Refinery and Petrochemical Plant.

PetroVietnam risks delisting

PetroVietnam Construction Joint Stock Corporation (PVX) is a familiar name to investors, because it used to be the best liquidity stock on the HNX. However, at present PVX has become a tragic obsession for many investors, with the stock price at only VND 1,000 and a high risk of delisting due to prolonged losses.

International transfering via SCB.

Vietnam attracts largest overseas remittances

Vietnam is among the top ten countries in the world to receive the largest overseas remittances, and the year 2019 is expected to be the third consecutive year that Vietnam could be in this position.

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Remittances important for economy

Cash flow by way of remittances by overseas Vietnamese diaspora into Vietnam has been steadily increasing over the years, which is an important amount to even offset the losses when the FDI sector moves money out of Vietnam.

Ha Tinh expected to receive 4 million cargoes via seaport in 2020

Ha Tinh expected to receive 4 million cargoes via seaport in 2020

The Lao – Viet International Port Joint Stock Company said that two foreign and Vietnamese container ships carrying 20,000 tons of coal and more than 3,000 tons of equipment transiting through Laos have just docked in Vung Ang Port, Ha Tinh Province. 

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Opposite trend in Vietnam stock market

The US stock market has continually been increasing to reach new heights. Three indexes, namely, S&P 500, Nasdaq 100 and Dow Jones have increased sharply.

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Debts eroding national credit rating

Public debts and debts in the economy are seriously eroding the banking system and the national credit rating, and if due foreign debts are not cleared the drastic situation many lead to bankruptcy.

In 2019, export was the driving force, with an impressive growth rate of about 8.5%, exceeding the target of 7-8%.

Maintaining growth momentum in 2020

Vietnam’s economy has been relatively bright in 2019, achieving most of the goals set by the National Assembly (NA), and creating significant momentum for further growth in 2020.

Founding shareholders turn debt into capital

Founding shareholders turn debt into capital

Every kind of investor has own goal and strategy on how to fulfill their investment plan. Dealers in securities try to increase their profits by choosing good shares, while fund investors try to buy and hold on to high value shares.

HCMC needs large capital source to develop infrastructures. Photo: Hoang Dung

Economic growth in Ho Chi Minh City affects other regions

When we calculate the economic efficiency of investment models in various regions of the country, the expected results are not often encouraging, except in the case of Ho Chi Minh City, where the all-round growth is very impressive, especially in the fields of exports and government investments.

Role of MoF and State Bank in corporate bond market

Role of MoF and State Bank in corporate bond market

Since 2017, the corporate bond market has grown rapidly to meet the requirements of enterprises in capital mobilization. However, an explosion in this market has created potential risks for small investors who lack access to accurate information or have little experience.

A container is loaded at a PetroVietnam Technical Services Corporation port (Photo: VNA)

EVFTA to boost logistics industry development

The European Union-Vietnam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on Vietnam's logistics industry, said a trade official.

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Saigonbank on Path of Decline

Since 2012 Saigonbank has not increased capital and in the last few years the bank has even shown that its profits have declined substantially to not even reaching anywhere near its target goal.