HVG-Disgraceful fall from Leading Position

The Hung Vuong Joint Stock Company (HVG) was once a leading seafood processing enterprise and was called "Pangasius King". However, reckless investment decisions led HVG to lose its top position and face a drastic and disgraceful fall in its fortunes to the level of bankruptcy.

Efforts to maintain economic growth

The unforeseen development of COVID-19 epidemic will challenge the economic growth target of 6.8% this year. Recently, the Ministry of Planning and Investment had proposed two growth scenarios that were lower than the set target.

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.

Illustrative photo.

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.

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.

The impact of new regulations will strongly affect commercial banks with state capital.

New regulations to affect profitability of banks

At the beginning of 2020, many new legal regulations will officially take effect in the banking industry. These regulations will have a profound impact on different levels of banking and influence business results of several Joint Stock Commercial Banks.

A new residential area in Binh Chanh district, Ho Chi Minh City

Real estate situation differs across Vietnam

While Ho Chi Minh City is trying to play it safe with urban real estate development, Vietnam’s provincial cities are witnessing billion-dollar projects established by private investors. Subsequently, experts cannot seem to predict a clear future for the market in 2020.

An Ha Company had to take out a loan of about US$4 million for equipment and machineries that are still not being used

Industrial slaughterhouse facilities in HCMC still dormant

With Ho Chi Minh City aiming to replace all traditional slaughterhouses by September 2019 with six industrial ones, many businesses scrambled to find funding for their facilities on time. Nevertheless, various administrative roadblocks have kept a lot of them from being put into operation.

Illustrative photo.

Increase in revenue for Ho Chi Minh City is justified

In my opinion, it is acceptable for Ho Chi Minh City to ask for an increase in the percentage of revenue it can keep, from 18% for the 2018-2020 period, to 24% for the 2021-2025 period, and 33% for the 2026-2030 period, similar to that in 2003.

Mr. Do Quang Hien, a typical Vietnamese businessman.

"Impresario" Hien - A typical Vietnamese businessman

Prior to the Prime Minister's Meeting with Enterprises in Hanoi today, December 23, Saigon Investment had an interview with Assoc. Prof. Dr. Tran Dinh Thien (pictured), former Director of Vietnam Economics Institute, a member of the Economic Advisory Team of the Prime Minister.

VHG - Misguided business focus

VHG - Misguided business focus

At its peak, the Quang Nam Rubber Investment Joint Stock Company (VHG) was one of the hot stocks on HOSE. However, in its glorious times, the leaders of this business made the wrong decision of focusing on real estate as their primary business, pushing their core business to the side.