Vietcombank and Vietnam Airlines spend VND40 million a month on each employee, much higher than other enterprises.

While many businesses have had to borrow money to maintain operation during the Covid-19 crisis, some others have tens of trillions of dong in cash.

Cash flow shortages could put several hospitality developers in Vietnam into financial pressure, forcing them to offer their projects for sale.

As the real estate market is on the decline, cash flow will shift to other investment channels, analysts say.

Large foreign capital is being poured into Vietnamese enterprises, especially big companies in different business fields.

VietNamNet Bridge -   A report of the State Bank’s HCMC Branch showed that 22 percent of overseas remittances goes to the real estate sector, 72 percent to production and business and the remaining to other fields. 

 VietNamNet Bridge – While the majority of businesses are thirsty for capital to maintain their production, the remaining weep because they have too much excess money.

The reports from 10 State Bank’s local branches showed that Hanoi, HCM City and Da Nang are the localities with the highest bad debt ratios.

Foreign investors target the leading companies in key business fields, striving to increase their ownership ratios there to penetrate more deeply into the large market with 80 million consumers.

Commercial banks have quietly reduced the deposit interest rates because of the low demand for loans. Investors have been in a divided mind as to where to pour money to since all the investment channels remain unattractive.