Uncertainty in electricity pricing for power projects
Investment in electricity, wind and solar power projects is lagging far behind. This has led to several vital projects being shelved.
Relations between commercial banks, real estate
According to some experts, commercial banks are holding 71 percent of corporate bonds issued by real estate companies.
Steering committee for restructuring system of credit institutions established
The Prime Minister (PM) has just issued Decision 213/QD-TTg to establish a steering committee for restructuring the system of credit institutions.
Credit package to provide VND120 trillion for social housing investors, buyers
The Government has decided to implement a low-interest credit package of about VND120 trillion for social housing development.
Banks maintain caution towards real estate crisis
Banks are maintaining a cautious approach in dealing with the current crisis in the real estate market.
Interest rates should be cut to support enterprises overcome difficulties
After SGGP newspaper published a series of articles titled "High interest rates weaken the economy", economists and the business community contributed their opinions on this issue.
Responsible agencies urged to solve problems mentioned by businesses
Chairman of the Ho Chi Minh City People's Committee Phan Van Mai asked departments and agencies to solve problems that businesses have mentioned at recent meetings to help businesses trust city’s determination for economy growth.
PM urges to perform key tasks after 2023 Lunar New Year holiday
Prime Minister Pham Minh Chinh has just signed Directive No. 03/CT-TTg urging ministries, agencies, and localities to perform key tasks after the 2023 Lunar New Year holiday.
PM urges banking sector to make more innovations
Prime Minister Pham Minh Chinh expressed his hope that the baking sector will be more proactive, creative and responsive to policies in 2023 at a meeting on January 27 or the sixth day of the Lunar New Year.
2023 forecasted to be difficult year for global economy and Vietnam's economy
2023 is forecasted to be a difficult year for the global economy in general and Vietnam's economy in particular.
Vietnam’s money supply forecast to rebound in 2023
After hitting a record low in 2022, Vietnam’s money supply (M2) will rebound in 2023 and become an important driver for the recovery of the stock market, KB Securities Vietnam (KBSV) forecast.
Market cautious as stocks indicate uncertainty
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.
Experts forecast M&A blockbuster deals in addition to bank restructuring
Many experts made a forecast that there will be many blockbuster deals along with the program of restructuring and forced transfer of weak banks in the coming time.
HCMC to focus on developing worker accommodation, social housing programs
Chairman of the Ho Chi Minh City People's Committee Phan Van Mai informed that the city is focusing on implementing 18 projects, reviewing and completing the project of replacing 20,000 houses on and along the canals and developing worker accommodation, and social housing programs.
Economic stability will require serious adjustment
Economic instability across the entire globe is bound to affect Vietnam as well. Although economic data for Vietnam shows that difficulties have been overcome, but the fact remains that scores of businesses are still struggling.
Bad debts situation getting worse
Bad debts always come hand in hand with business activities of all commercial banks.
Concerns over low liquidity in stock market
Although the VN Index has returned to an attractive level compared to previous sessions, issues such as low-levels of liquidity and corporate bonds risks still need to be resolved for the market to once again gain momentum.
Rooftop solar power projects encounter many difficulties
Responding to the Government's policy of encouraging the development of solar power, many businesses across the country have invested in solar power. Ironically, many investors now have to worry about debts piling up.
Lack of medicine for medical treatment unacceptable: NA deputy
According to National Assembly deputy Nguyen Anh Tri from Hanoi, the lack of medicine for medical treatment is unacceptable.
NA deputies proposed closely monitoring assets of banks, bad debts
National Assembly (NA) deputies proposed closely monitoring assets of banks, bad debts, and cross-ownership between banks and real estate businesses. Moreover, the government needs to be more flexible in operating the real estate market to reduce difficulties for the financial market, as these two markets are closely linked.