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. 

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.

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.

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.

VN Index showed strongest April since 2007

(ĐTTCO) - The well-known US based Berkshire Hathaway multinational conglomerate, under control and leadership of billionaire Warren Buffett, recorded a bitter loss of USD 50 bn in the first quarter of 2020. The conglomerate has sold off its entire equity in the aviation industry and now sits smug on a huge pile of cash. The US stock market continues to see a record boom in 82 years.
Transport ministry announces six inland container depots

Transport ministry announces six inland container depots

The Ministry of Transport has recently announced the list of inland container depots (ICD) in Vietnam, including Phuc Loc ICD in Ninh Binh Province, Km3+4 Mong Cai ICD in Quang Ninh Province, Hai Linh ICD in Phu Tho Province, Tan Cang Hai Phong ICD, Dinh Vu – Quang Binh ICD in Hai Phong City and Tan Cang – Nhon Trach ICD in Dong Nai Province.

Shattered Dream of Dung Quat Shipbuilding Industry

Shattered Dream of Dung Quat Shipbuilding Industry

The Dung Quat Shipbuilding Company Ltd., which once was the leader in Vietnam with a dream of building its first modern shipping industry, is currently looking like a scrap metal waste yard. Many projects have been suspended and thousands of billion dongs are looking to sink with it.

Optimism not enough

Optimism not enough

Up until 15 May 2019, VN-Index had increased 9% YTD. This was a very positive result compared to the 9.32% fall of last year. However, investors are still worried about the stock market as the Index has not been successful in breaking through 1,000 points and many unexpected events have occurred all over the world.

Foreign investors suddenly net buy more than VND5.7 trillion

Foreign investors suddenly net buy more than VND5.7 trillion

According to statistics by securities companies, along with strongly increased market liquidity, trading on Vietnam’s stock market was fairly vibrant with foreign investors unexpectedly net bought for more than VND5.7 trillion (US$243.54 million) in the past week.

More capital required for mid and long term loans

More capital required for mid and long term loans

Currently, the ratio of short-term deposits to long-term loans in several banks is over 50%. To meet the requirement of the State Bank to reduce this ratio to 30% in next 2-3 years, banks need to raise funds from other sources.

Business information confidentiality and labor rights

Business information confidentiality and labor rights

Protecting confidential business information is vital in building and developing a successful enterprise. Companies are afraid that their business know-how would be leaked when employees move over to work for competitors.

Amendment needed in land sales tax rate

Amendment needed in land sales tax rate

The right to adjust the land sales tax rate should be delegated to the Government’, was a suggestion made by the Minister of Construction last week, as a means to stabilizing the current real estate market. Though it is just a proposal, it has created a big controversy. It is necessary to find solutions to control the land price in some hotspots, but how to amend the tax law is a huge and complicated issue.

Priority to develop green energy

Priority to develop green energy

At a discussion with SGGP Investment & Finance, Dr. Can Van Luc (picture), member of National Advisory Council on Monetary and Financial Policies, said that investment and development of recycle energy has huge potential and also faces many challenges.
Workers process food at a Korean company in Ho Chi Minh City. (Photo: SGGP)

Foreign investment pumped heavily into Vietnam

Since the beginning of this year, total foreign capital pumped into Vietnamese market has nearly reached US$15 billion, an increase of 81 percent over the same period last year, with the highest investment from China followed by South Korea and Singapore.
Vietnam imposes duties on imported steel wire, rolled steel

Vietnam imposes duties on imported steel wire, rolled steel

The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade announced that it has recently issued a decision on application of measures to prevent imported steel wire and rolled steel products from avoiding trade remedies.