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Struggling logistics firms in dire need of support to survive COVID-19 crisis
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.
Companies' share issuance plans sometimes pressure 'small' investors
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.
Increasing cashless payments and the need for better cybersecurity
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 overseas investment triples
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.
Domestic funds report impressive growth
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.
Government plans to borrow VND1.7 quadrillion in 2021-2023
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.
Budget revenue rises on robust banking, securities, real estate and automobile sectors
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.
Stock market an attractive investment channel for local players
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.
MoIT denies proposing price stabilisation fund for steel
The Ministry of Industry and Trade (MoIT) has denied rumours that it proposed the establishment of a State stabilisation fund to cope with the sudden increase in steel prices that has impacted many businesses.
Vietnam may have to reduce renewable power in next five years: institute
It is likely that Vietnam will have to reduce renewable energy sources in the next five years, as booming development in recent years was weighing on the power system, according to a recent report by the Institute of Energy.