Careful consideration is needed before increasing seaport services charges to limit negative impacts on the economy during the COVID-19 pandemic, according to the Vietnam Maritime Administration.
Getting around by bicycle was once a traditional transportation method in Vietnam’s capital city.
The COVID-19 health crisis and resulting wide-ranging and deeply-felt economic upheaval has flipped the logistics industry on its head, leaving ill-protected freight firms in dire need of emergency State support to survive hardships.
In the context of impressive growth of the stock market, many companies have flocked to issue shares to raise capital, but not all achieve the expected result.
Vietnam is marching towards becoming a cashless society with new methods of electronic payments being deployed widely, but security risks come hand in hand with new technologies and applications.
Vietnamese firms poured US$546.7 million into overseas projects in the first five months of 2021, more than triple the figure of the same period last year.
The total value of assets under the management of domestic exchange-traded funds (ETFs) has soared by 64% to US$1 billion so far this year, while foreign ETFs increased 12% to US$1.4 billion.
The Vietnamese Government plans to borrow more than VND1.7 quadrillion (US$73.2 billion) in the 2021-2023 period to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved late last week.
The budget revenue increased significantly in the first five months of this year thanks to recovery from 2020 and some sectors seeing strong growth, such as banking, securities, real estate and automobile industries, according to the General Department of Taxation.
The stock market is still an attractive investment channel for investors in the near future. However, it also poses many challenges for regulators and market members, said experts.