Financial support still pie in the sky for supporting firms

Since the national economy this year is facing bigger challenges than last year, a looser monetary policy is needed, according to Nguyen Tri Hieu, a respected finance expert.

Thousands of trucks are still heading for the Vietnam-China border gates, though the exports are getting stuck because of the Covid-19 epidemic.

FiinGroup’s president Nguyen Quang Thuan said the ratio is calculated based on more than 1,000 listed enterprises.

While many industries have suffered from Covid-19 epidemic, taxi drivers and shippers are earning more money.

Vinaconex to gain $35.8 million from VCP shares

Saying that ‘the sun is still shining above the Vietnamese sky’, the World Bank has also noted that the country should not ignore risks that could occur during bad times.

Three major scenarios for economic development in 2020 have been drawn up by Can Van Luc and researchers from BIDV.

SSI Research says the financial market in 2020 will be unpredictable and much less active than the forecasts released at the end of 2019.

Pharmaceuticals, milk, and livestock in for stiffer competition with EVFTA

The initial loss caused by the suspension of flights to and from China for Vietnam’s airlines could be up to VND10 trillion.

The Ministry of Planning and Investment (MPI) has predicted that the GDP would grow by 5.96 percent, a 7-year low.

The respiratory epidemic caused by the novel coronavirus (COVID-19) has highlighted an urgent need for Vietnam to boost its economic restructuring and diversify its markets.

Vietnam’s tourism sector counts cost of coronavirus

Some commercial banks have announced lower lending interest rates to help their clients overcome the difficulties caused by coronavirus (Covid-19) crisis.

Delivery units operating under the franchise mode have been expanding thanks to the strong development of e-commerce.

Rong Viet Securities (VDSC) and Mirae Asset believe that MSCI may upgrade Vietnam’s stock market to an emerging market in 2022-2023, while BSC thinks the upgrade would be prior to 2025 at the earliest.

Reports all show the great potential of the Vietnamese drinks and snacks market.

A bailout expected to be implemented by the government will contribute to helping the economy out of difficulties.

The financial market faces six risks the market will have to cope with in 2010, according to Can Van Luc, chief economist of BIDV.