Corporate bonds issued by real estate firms account for a high proportion of securities that mature in three years. Experts warn of high risks if the real estate market cannot recover by that time. According to the Vietnam Bond Market Association (VBMA) , the total value of corporate bonds issued in the first seven months […]
Read MoreThe urgent need to enhance competitiveness in global value chains means minimising reliance on imports, according to industry insiders. Viet Nam’s supporting industries remain dependent on imported part supplies, which was evident when the COVID-19 pandemic caused disruptions to local production due to a shortage of imported raw materials. Truong Thi Chi Binh, vice president […]
Read MoreBusiness associations and industries have repeatedly asked commercial banks to ease lending interest rates to share difficulties with them in the Covid-19 pandemic. The Vietnam Plastics Association (VPA), for example, has sent a document to Prime Minister asking for urgent help. There are nearly 3,000 enterprises operating in the plastics industry employing 300,000 workers. Seventy […]
Read MoreThe long fourth Covid-19 outbreak and social distancing regulations have posed great challenges to the office leasing market. Ngo Anh Tuan, director of a transport firm in Hanoi, said its 5-year lease contract is expiring in some days but they still have not reached an agreement with the landlord about the rent. Tuan’s company is […]
Read MoreThe registration fees collected for the state budget increased from VND11,816 billion in 2012 to VND40,194 billion in 2019, up by 240% or VND28,378 billion. According to the provisions of the Law on State Budget, local budgets can keep revenue from registration fees. Therefore, this is a revenue source that plays an important role in […]
Read MoreSupporting programs should last until Vietnam can achieve herd immunity in late 2021 or early 2022. As local businesses are facing unprecedented challenges from the pandemic, which led many to bankruptcy, experts called on the Government to scale up relief programs to better support those in need. In the first seven months of this year, […]
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