Thu Duc City to have core Nucleus Center

(ĐTTCO) - Although the concept of building a creative city in the Thu Duc area of Ho Chi Minh City is fifty years too late compared with other countries around the world, Ho Chi Minh City authorities will have the advantage of drawing from the experiences of previous such models worldwide. 

Economy headed toward a K-shaped recovery

(ĐTTCO) - The stock market is the best monitor of the economy, indicating clearly if the economy is growing in both manufacturing and business activities. Both the economy and the stock market have always moved simultaneously. 

Sacombank overwhelmed by bad debts

(ĐTTCO) - The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) was able to somewhat overcome a difficult phase and once again stabilize operations by many restructuring efforts. However, bad debts continue to overwhelm the bank from factors such as a slack real estate market and the unpredictable Covid-19 situation. 
Illustrative photo.

Risk concerns over real estate loans

(ĐTTCO) - The current ongoing Covid-19 pandemic scenario has once again drawn attention to risks created by corporate bonds issued by real estate companies that are proving highly profitable and attractive to investors but causing more risk concerns to banks. 
Thu Duc City still a very distant dream

Thu Duc City still a very distant dream

(ĐTTCP) - The impetus to establish a high-tech city within Ho Chi Minh City is gathering momentum, and the Government has already approved the creation of this new city under the tentative name of Thu Duc City by merging Thu Duc District, District 2 and District 9 as one autonomous nucleus city. 
Ho Chi Minh City status to grow with Thu Duc City

Ho Chi Minh City status to grow with Thu Duc City

(ĐTTCO)-The development of a new Thu Duc City as a vibrant financial hub within the Eastern parts of Ho Chi Minh City will certainly elevate the status of Ho Chi Minh City and also contribute to the development of the entire region as well as the country. 
Ministry backtracks on one-price electricity option

Ministry backtracks on one-price electricity option

(ĐTTCO) - The Ministry of Industry and Trade has now backtracked on its proposal to add a one-price electricity price option for domestic consumers, in its plan to revise the electricity tariff proposed by Vietnam Electricity (EVN). This was done in response to objections by several experts and consumers who raised the alarm against such a high tariff.     
Many banks now invest in corporate bonds. (Illustrative photo)

Banks divert investment in current scenario

(ĐTTCO) - Since 28 July, capital mobilization in banks has increased by 5.31%, credit has increased by 3.45%, while excess liquidity has pushed interbank interest rates to the bottom. In this context, banks have not only reduced deposit interest rates to save costs, but have also diverted investments into financial institutions.
The farmstay model has been mutated when agricultural land allocated for investment.

Farmstay businesses still not legalized

(ĐTTCO) - Any farmstay business that offers accommodation to travelers on farmland is against the law in Vietnam, as regulations do not permit farmland to be used as real estate. Investing in this form of business is also highly risky for secondary investors.
Is it worth looking for oil anymore?

Is it worth looking for oil anymore?

(ĐTTCO) - More European producers are saying energy resources worth billions of dollars now might never be pumped out of the ground.
Ho Chi Minh City sets high goals as new financial hub

Ho Chi Minh City sets high goals as new financial hub

(ĐTTCO) - The plan to create an East City that will serve as a vibrant financial district in Ho Chi Minh City has now been approved by the State Government. The East City will be known as Thu Duc City with the merger of three districts of Ho Chi Minh City.
Electricity industry at tangent with Government

Electricity industry at tangent with Government

(ĐTTCO) - The Ministry of Industry and Trade is presently reviewing a draft decision sent by the Prime Minister on regulating the structure of retail electricity tariffs for general public use, by amending Decision 28/2014. 
State support needed to boost consumer demand

State support needed to boost consumer demand

(ĐTTCO) - Exports from Vietnam were badly affected after the global supply chain was suddenly disrupted due to the unexpected and virulent surge of the Covid-19 pandemic early this year.
It is impossible to save the market or the whole economy by just stimulating supply but ignoring consuming.

Bottlenecks mar domestic consumption growth

(ĐTTCO) - Policymakers are seeing that in the current depressed scenario of the Covid-19 pandemic, the obvious shift would be to stimulate domestic consumption strongly which would then stimulate a growth in the economy.
Disease prevention and control is still the top priority, but we must minimize the decline and bankruptcy of enterprises.

Government precariously balanced in Covid-19 situation

(ĐTTCO) - The current volatility caused by the Covid-19 pandemic has compelled the Government to precariously balance between keeping the population safe from infections within its borders, and also saving the economy from collapsing. These two goals are proving to be very challenging and of utmost importance.