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To pave the way for attracting giants

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.