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Update news capital
Many international institutions, investors and economic experts have noted that Vietnam is having an opportunity to attract the huge international capital flow.
Delay forecast for banks’ capital hike plans
The Government’s plans to increase capital for large State-owned commercial banks in the first quarter of this year could be delayed due to the Covid-19 outbreak, analysts predicted.
Huge capital flows into private sector
The reliance of private enterprises, business households and individuals on bank credit has brought both positive and negative effects.
282 poor air quality days in capital in 2016
VietNamNet Bridge – Dust concentration in the air, both in Ha Noi and Ho
Chi Minh City, was several times higher in 2016 than the levels
recommended by the World Health Organization (WHO), endangering
resident’s health.
Private investment eyeing healthcare
VietNamNet Bridge – Capital from the private sector is expected to
further increase in the coming years thanks to Public – Private
Partnerships (PPP), according to independent market observers.
Mega upgrade for hi-tech park
Prime Minister Nguyen Tan Dung on June 26 issued an order on the groundbreaking ceremony of package CP1A – a major infrastructure work under the Hoa Lac Hi-tech Park Development Project.
BUSINESS IN BRIEF 30/3
Decree brings change to securities market, Telephone exports hit $5.45b by mid-March, Israel to invest in Kien Giang, Vietnam exports nearly 537,000 tonnes of rice, Capital, tax crunch restricts rice, seafood export
Education-universalization law prevents teachers from doing their job
VietNamNet Bridge – Teachers are not forcing failing students to
repeat classes, because if they do, they will not fulfill the tasks of
the education-universalization program.
Why has Parkson Keangnam in Hanoi closed?
Analysts believe that the Malaysian retailer
Parkson has had to shut down one of its shopping malls in Hanoi because
it has been taking a loss over the last few years. But other sources say
the reason is a “three-party civil dispute”.
Filipino investors do roaring trade in Vietnam
Cash flow from the Philippines is gradually encroaching on the Vietnamese market, but its presence is not well known.
Businesses troll for capital as corporate bond market cools
VietNamNet Bridge – As few investors are buying corporate bonds, businesses are desperately seeking capital.
Businesses die, capital flow stagnates as banks look for borrowers
VietNamNet Bridge – The national economy remains weak with more and
more businesses dissolving and capital flow stagnating because banks
cannot find borrowers.
Airport project can proceed without Japanese ODA, civil aviation authority says
Lai Xuan Thanh, head of the Civil Aviation
Authority of Vietnam (CAAV), said that the Long Thanh Airport project in
the south could proceed even without Official Development Assistance
(ODA) from Japan.
Liquid money flows to securities
VietNamNet Bridge – Daily securities trading volumes have been
soaring since the beginning of the year, a phenomenon completely
unexpected by observers and investors.
BUSINESS IN BRIEF 20/2
PM: Restructuring of SOEs key political task; Over 400 SOEs to be equitised by 2015; Vietnamese abroad encouraged to remit money home; HCM City IPs eye US$550 million in investment; Vietnam among top world’s gold consumers
The mystery of the water market
VietNamNet Bridge – Observers have noted that there is a new wave of the foreign investment in the Vietnamese water market.
BUSINESS IN BRIEF 7/12
Vietnam to join TPP negotiations in Singapore; Lotte Mart inaugurated in Binh Thuan province; Vietnam determined to pursue multilateral trade mechanism; Donor assistance to Vietnam unchanged in 2014
BUSINESS IN BRIEF 27/11
Businesses optimistic about Vietnam’s economic outlook; Vietnam urged to utilise TPP advantages; Sumitomo red tape tangle delays power plant project; Ministries bombarded with complaints
Foreign funds withdraw more money than pour into PE firms
VietNamNet Bridge – A lot of foreign funds have withdrawn their
capital from private equity firms (PE), which is attributed to the fewer
good investment opportunities.
Vietnamese seafood companies silently seeking foreign partners
VietNamNet Bridge – A series of the “big guys” in the seafood
industry are planning to sell stakes to foreign investors, which is
considered a good way to seek capital.
