The increasing demand for electricity in Vietnam has highlighted liquefied natural gas (LNG) as a crucial element in the country's energy future. However, the utilization of LNG in power projects faces challenges, particularly in the realm of pricing mechanisms.
According to a report from the World Bank, Vietnam holds the 43rd position in the Logistics Performance Index (LPI), leading the fifth group of countries in ASEAN, trailing behind Singapore, Malaysia, Thailand, and sharing the same position with the Philippines.
Despite the global economic uncertainties that have characterized recent years, Vietnam has maintained its position as a magnet for foreign direct investment (FDI), highlighting the country's resilience and attractiveness as an investment destination.
At the ongoing 6th Session of the 15th National Assembly, a focal point of interest for many delegates is the 'Project on Restructuring the System of Credit Institutions associated with Bad Debt Settlement in the 2021-2025 period.'
The recent revelation that the number of stock accounts decreased significantly in October, with over 545,000 accounts being deleted, raised eyebrows in the stock market. Many attribute this decline in market liquidity to the quiet withdrawal of 'driving teams.'
Vicem Ha Tien Cement Joint Stock Company (HT1), a key player in cement production in Vietnam's Southern region, is currently grappling with financial losses and imbalance.
The revised draft Law on Credit Institutions presented to the National Assembly during the 6th session of Session XV reveals disparities compared to the previous draft submitted during the 5th session.
On October 2, the Saigon Investment Newspaper featured an article titled 'Presumptive tax for business households: Inadequacy and unfairness,' which sparked a range of reactions from tax authorities.
As of 2021, the calculation method for total bad debt in Vietnam is set to change, as outlined in Circular 11/2021/TT-NHNN (Circular 11).
The life insurance market in Vietnam has cooled down a lot in recent years. Some people believe it may have become completely saturated.
Recovery in steel prices has saved steel stocks from touching bottom for now. However, investors still remain cautious because of unexpected impact due to the global economic downturn which could possibly lower steel demand.
Investors and shareholders have been left surprised with corporations and businesses divesting from commercial banks at a starting price higher than the market price. With this move, banks too remain worried as once these big businesses divest then banks will no longer receive any incentives.
A business delegation of more than 50 well-known US corporations arrived in Vietnam last week to survey the market and look at possibilities of investing in viable projects.
On the afternoon of 14 March, many investors were left startled when the State Bank of Vietnam decided to reduce the operating interest rate and the short-term lending interest rate of credit institutions for a number of economic sectors from 5.5 per cent per year to 5.0 per cent per year. The immediate effect led to the stock market exploding by 2.1 percentage points in the session on 15 March.
In order to attract high spending tourists for long-term stay in Vietnam it is necessary to have a very clear strategy, offer a diversity of tourism products, increase the value of these tourism products, and at the same time promote more market research.
Investment in electricity, wind and solar power projects is lagging far behind. This has led to several vital projects being shelved.
Global recession has no doubt had an impact in the economy which is continuing to tackle many challenges. However, other difficulties that are plaguing several businesses, especially real estate businesses, is the situation in the corporate bonds market.
The Government needs to urgently review, revise, and update all the tax laws pertaining to electronic transactions in Vietnam, in order to facilitate timely declaration and payment of taxes by organizations and individuals.
Revenue collected from taxes of E-commerce activities in Vietnam as well as cross-border digital platforms has been gradually and steadily increasing in the last few years. Nonetheless, despite the development speed of E-commerce within the country and increase in cross-border digital services, the revenue increase has been rather insignificant.
Since the beginning of March 2023, commercial banks have reduced deposit interest rates which has been contrary to forecasts made by many domestic and foreign investment organizations who believed that the interest rates may increase when the Federal Reserve (FED) raises the interest rate yet again.
There are conflicting opinions among the people on whether the real estate market should be given support and bailed out from its current crisis.
Investors are turning away from retail stocks after businesses are showing a decline in their financial results.
The current global economic slowdown will greatly affect the economy of Vietnam in days to come due to increased interest rates and tightening of the monetary policy by central banks. However, we believe that the Government will find a solution to support the economy by increasing the disbursement of public investment.
According to historical documents the 70 km long Saigon-My Tho railway line was the first railway line in Vietnam in the once Indochina region which began operations on 20 July 1885.
The first trading month of 2023 saw only 16 sessions due to the Lunar New Year holiday break, but nonetheless, Foreign Exchange Traded Funds (ETF) poured in more than VND 2,247 bln into the stock market. In January 2023, the amount of foreign capital that poured into HoSE amounted to VND 3,797 bln.
Foreign investors have maintained a net buying position on the stock market since November 2022, partly contributing to maintaining confidence in the recovery of the VN Index.
As per Decree 31/2022/ND-CP of the Government and Circular 03/2022/TT-NHNN of the State Bank of Vietnam, the VND 40,000 bln interest rate support package from the state budget is expected to help businesses access cheap capital to recover in the post-pandemic phase.
The reopening of China after it clamped its doors with the drastic zero Covid policy is encouraging for investors in Vietnam, as China is its largest trading partner.
Although the last months of the year had seen a substantial drop in export orders, the textile and garment industry, as well as the seafood industry, still ended the year with positive results.
There is much public attention in Vietnam after the Binh Thanh Import-Export Production Trading Joint Stock Company (Gilimex) sued the Amazon company in the New York State Court in the US for USD 280 million for loss of revenue.
At the end of the financial year the market is often bullish. This occurs on the belief that mutual funds will beautify year-end reports by pulling up stock prices for the sake of shareholders. However, this year it looks like things are about to change.
Real estate enterprises are facing many difficulties, from tightening of credit policy, pressure of bonds maturity, and selling off mortgages of stocks. However, this could also be the right opportunity to buy real estate stocks when the price drops to bottom.
Businesses have for long faced a crunch of capital and difficulty in accessing credit from banks.
International capital has flowed into many Vietnamese banks in 2022, which is a good sign indicating the capacity of domestic joint stock commercial banks.
The EU-Vietnam Free Trade Agreement (EVFTA) has had a positive impact on Vietnamese enterprises and exports in the last two years since it came into force. However, the market share of Vietnamese products in Europe is still rather modest.
Ngày nay, tình trạng dậy thì sớm ở trẻ đang có xu hướng gia tăng. Nguyên nhân lớn nhất được cho rằng là xuất phát từ chế độ ăn cho trẻ. Để ngăn ngừa tình trạng này, bố mẹ cần phải đặc biệt quan tâm đến chế độ dinh dưỡng của trẻ.
On 8 August, Saigon Investment published a series of articles on the current state of the Personal Income Tax (PIT) policy in Vietnam.
Thầy Nguyễn Trung Nguyên: Dạy-học tiếng Anh còn theo lối 'đối phó' chưa thực sự đào sâu về bản chất để học sinh có kiến thức vững chắc, giỏi thực sự.