Steel makes sharp jump in stock market

(Saigon Investment) - Steel stocks have made a strong jump in the stock market since the end of the second quarter due to increased production, revived exports at lower tariffs, and the unusual and massive sale of shares by some company directors. 

State Bank of Vietnam appoints first female Governor

(Saigon Investment) - The State Bank of Vietnam (SBV) appointed Ms. Nguyen Thi Hong as its first female Governor on 16 November. Faced with this formidable task, the challenges lying ahead for the new female Governor of the State Bank of Vietnam will be most daunting and onerous. 

Can Joe Biden heal a divided America?

(Saigon Investment) - Immediately after being predicted by some media as the winner of the election on 3 November, Joe Biden gave a speech on 7 November, saying that “This is the time to heal in America”.
Thu Duc City to have core Nucleus Center

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. 
Although jobless is high, US stock has risen sharply.

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. 
Bad debts continue to overwhelm STB.

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. 
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Low interest loans inaccessible to smaller enterprises

(ĐTTCO) - The move to reduce operating interest rates by the State Bank of Vietnam (SBV) has attracted much attention from the business community, with the availability of low interest loans being of major concern. Mr. Phạm Việt Anh, an expert consultant in business growth, spoke with Saigon Investment on this issue.
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Enterprises not benefiting from low interest rates

(ĐTTCO) - The State Bank of Vietnam reduces operating interest rates as a basis to lowering lending interest rates, so as to support businesses and promote growth. However, lowering of interest rates does not come with standard reduction, so businesses cannot borrow, which means businesses are not supported. 
SCB appoints foreign acting CEO

SCB appoints foreign acting CEO

(ĐTTCO) - Sai Gon J.S. Commercial Bank (SCB) has announced the decision on appointing Mr. Chen Yi-Chung (Jeremy Chen) the Acting CEO. This appointment is amid the drastic implementation of the “Transformation and sustainable development strategy in phase 2020-2030” at SCB with strategic consultations from McKinsey & Company.
Ms. Nguyen Ngoc Huong in the area of growing pennywort.

Brand image is vital in the EU market

(ĐTTCO) - From August 2020, the tax rate on many items entering the EU market fell dramatically. The huge opportunity to benefit from this lucrative market under EVFTA is not only beneficial to enterprises with long-term export experience, but also for startups to quickly taking advantage and boost exports. 
EVFTA remains a daunting challenge

EVFTA remains a daunting challenge

(ĐTTCO) - Ever since the Europe Vietnam Free Trade Agreement (EVFTA) took effect a month ago, the first positive signs on many Vietnamese exports are now becoming quite visible. Export products such as seafood, rice, and fruits have been well received. However, a much more concerted effort needs to be put in place as all EU non-tariff barriers are not very easy to overcome and still remain a challenge.
EVFTA seen as new catalyst for growth

EVFTA seen as new catalyst for growth

(ĐTTCO) - The Covid-19 pandemic has affected the export volume of some key products from Vietnam with comparative figures from last year having plummeted substantially. Until now, 27 export products have crossed the USD 1 billion mark. Now, in the current scenario where the coronavirus has nearly paralyzed growth, EVFTA is being seen as the new catalyst for bringing reprieve to exports from the country.
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Steel stocks indicate signs of recovery

(ĐTTCO) - The sudden and virulent spread of the Covid-19 pandemic very early this year saw a sharp decline in the consumption of steel in the first months of 2020, as compared to the same period last year. Although unexpectedly, the steel market is now showing some positive signs of recovery. This factor has led steel stocks to rise marginally, despite impending risks and a volatile market.