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According to historical documents the 70 km long Saigon-My Tho railway line was the first railway line in Vietnam in the once Indochina region which began operations on 20 July 1885.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.