vietnam economy

Update news vietnam economy

Lending interest rates about to increase

Recently, the interbank interest rates suddenly jumped, causing many people to worry whether bank lending rates will increase in the coming time while the business and production activities have been facing many difficulties due to Covid-19.

HCMC to try reigniting delayed BT projects

Financial shortcomings of investors combined with the government’s failure to offer support are some of the reasons multiple BT infrastructure projects in HCMC are being delayed indefinitely, experts said. 

Firms should facilitate Gen Z to develop

Enterprises should consider applying new thoughts or amend regulations to meet the demand of Gen Z, including those born in 1996-2010, and create favorable conditions for them to develop as they will be an important part of the country’s workforce.

Vietnam credit growth forecast to hit 14% in 2021: Fitch Solutions

A GDP growth of 5.8% in 2021, nearly double the 2.9% growth last year, would boost credit demand.

VIETNAM BUSINESS NEWS MAY 29

Many entrepreneurs leave then rejoin market

VIETNAM BUSINESS NEWS MAY 28

Food companies pressured by soaring raw material prices

Economist proposes measures to support enterprises in tough times

Pham The Anh, chief economist at the Vietnam Institute for Economic Policy Research (VEPR), believes that social security support must be given to people who have had to shut down their business or have lost jobs because of lockdowns.

VIETNAM BUSINESS NEWS MAY 27

DOC makes positive conclusion for Vietnam’s tyre makers

Vietnam's post-pandemic economy

As the Covid-19 pandemic persists, Vietnam's economy will still face many difficulties, but the country has the potential to increase productivity and develop at a higher rate than many other countries.

Taxing unoccupied villas: one solution for creating fair housing market

A reasonable taxation policy is expected to help settle several problems, including excessive investment in high-end apartment and villa projects, and speculation buying.

 

VIETNAM BUSINESS NEWS MAY 26

Vietnam’s April tuna exports skyrocket

Litchis sell well on e-commerce sites

Nguyen Van Lan’s 2-hectare litchi orchard in Luc Ngan district in Bac Giang province is ready for harvest. However, he still doesn’t know what to do to sell all the 40-50 tons of litchis amid the Covid-19 outbreak.

VN the only country to have its outlook improved by three credit rating agencies

The S&P Global Ratings announced late last week it had retained Vietnam’s sovereign credit rating and improved its economic outlook to "positive" from "stable".

VIETNAM BUSINESS NEWS MAY 25

FDI disbursement rises 6.8% despite COVID-19 threats

Hard-hit bsinesses still paying high interest on loans

The latest Covid-19 outbreak has pushed enterprises into new difficulties at a time when it is nearly impossible to access cheap capital sources.

Tourism sector suffers another hit from recent Covid outbreak

Businesses have sustained a new blow from the fourth recurrence of Covid-19.

Rising market exits highlight need for more policy support to survive COVID-19

Vietnam is urged to press on with tax reforms while ensuring stability and providing more supporting policies for businesses to help them weather the COVID-19 storm.

VIETNAM BUSINESS NEWS MAY 24

HoSE enjoys record post-tax profit in 2020

20 years for Vietnam to become rich and strong

If developing countries do not make breakthroughs during the golden population period, they will find it difficult to overcome the middle-income trap to become developed countries.

VIETNAM BUSINESS NEWS MAY 23

Wind power sector attractive to investors, construction firms