Pandemic can worsen bad debt situation

Pandemic can worsen bad debt situation

(ĐTTCO) - The unpredictability of the Covid-19 pandemic will continue to impact the worsening situation of bad debts this year. Although, bad debts are currently being contained at a low level via Circular 01 issued by the State Bank of Vietnam in mid-March this year, which allows banks to restructure loan repayment terms, exempt and reduce interest fees, and keep all debt groups to support customers affected by the Covid-19 pandemic. However, it is clear that these measures are but temporary attempts to contain bad debts.

Challenges in agricultural food supply to HCMC

(ĐTTCO) - The demand for agricultural produce in Ho Chi Minh City poses several challenges in the management of the complex agricultural food supply chain to the City. 

Export standards must apply to domestic vegetables

(ĐTTCO) - Agricultural produce for domestic consumption must set the same standards as those for export to other countries. This ensures the health of all consumers, and creates a level of equal competition for growing clean genuine produce. 
Saigon Co.op bought the suppermarket chain Auchan Reatil (France) in June, 2019.

Vietnam reshaping its retail market

(ĐTTCO) - The Vietnamese retail market is reshaping with new trends such as exploiting the indigenous characteristics of each market segment, streamlining the system, and increasing the experience for consumers.

Fast & Furious

Fast & Furious

(ĐTTCO) - Even though dozens of airlines still have not fully resumed normal operations, aviation stocks such as HVN and VJC were only 11 and 19 points lower than during the pre Covid-19 pandemic phase. The stock market continued to throw such surprises in the first half of June 2020 when the VN-Index was also only 6 points lower.
Vietjet is the first airline to return to Phuket airport on 13 June 2020

Vietjet is the first airline to return to Phuket airport on 13 June 2020

(ĐTTCO) - Following the announcement of Civil Aviation Authority of Thailand (CAAT) about re-opening Phuket International airport for domestic flight operation starting from 13 June 2020, Thai Vietjet is the first and only airline confirmed to resume operation of the route between Bangkok (Suvarnabhumi) and Phuket international airport to serve passengers demand from that date. 
Illustrative photo.

Capital again flowing into Vietnam stocks

(ĐTTCO) - One cannot actually say yet if the difficulties caused by the Covid-19 pandemic have passed, but in some cases recovery has been quick. The stock market is now almost back to normal mainly due to the steady and tireless purchasing power of investors. The explosion of cash flow was also the reason that caused HOSE to suspend trading in the final session on 9 June.
Van Don Airport, an example of success in private PPP mobilization.

Post-pandemic changes in PPP projects

(ĐTTCO) - On 18 June, the Public-Private Partnership (PPP) bill will be reviewed and passed. In the last many years, hundreds of projects have been implemented under the PPP model and tens of thousands of billion dongs have been invested for infrastructure projects that have benefit socio-economic development in the country.
In the cases of origine lawsuits, over 80% are related to the steel industry. Photo: Long Thanh

Vietnam must curtail import of raw goods

(ĐTTCO) - Vietnam now needs to implement very strictly all the guidelines and rules in trade and export to all the countries with which it has signed the Free Trade Agreement (FTA), to avoid risk of any legal action in cases of fraud in origin of goods, trade malpractices or concerns of anti-dumping.
Illustrative photo.

Digital currency now has viable future

(ĐTTCO) - The Chairman of the Federal Reserve, Mr. Jerome Powell, recently spoke of new measures taken to tackle the current financial crisis. Mr. Powell’s comments are being considered by many as evidence of the need to switch to the use of Central Bank Digital Currency (CBDC).

Close view of a Panasonic Vietnam production line. Photo: VIET CHUNG

More FDI investment comes with opportunities and risks

(ĐTTCO) - Speaking with Saigon Investment, Asso. Prof. Dr. Tran Dinh Thien, a member of the Government's Economic Advisory Group, expressed that Vietnam has a great opportunity to welcome a wave of investments from FDI enterprises that are considering relocating from China.
Supporting industries production line at NamAe Vina - Korea Company in Dai An Industrial Zone, Hai Duong. Photo: VIET CHUNG

FDIs essential for effective economic recovery

(ĐTTCO) - The outbreak of the Covid-19 pandemic and its virulent spread worldwide has created a new global situation. All countries have now to learn how best to cope in this scenario and take appropriate measures to contain the virus while also implementing effective economic recovery policies to continue to attract Foreign Direct Investments (FDI).