Prime Minister Pham Minh Chinh on June 3 asked ministries, agencies and localities to push the three engines of export, investment and consumption in order to spur the country's economic growth in the time ahead.
HCMC continues to focus on solving businesses’ problems, supporting the market, and disbursing some VND26 trillion (US$1.1 billion) in public investment in the second quarter this year, accounting for 35 percent.
Several measures have been suggested at an online seminar held by the Government Portal on May 28 to help the corporate bond market maintain its stability and operate in line with the law to aid economic growth.
A new government decree is expected to help remove difficulties for the domestic leisure property market, which is experiencing a 10-year low in demand, experts have said.
The volatile crisis across banks in the US continues unpredictably with the recently declared bankruptcy by the First Republic Bank. This marks the third bank to fail in the last few months.
Deputy Prime Minister Tran Hong Ha yesterday urged the implementation of the VND120 trillion preferential credit package for the benefit of investors and home buyers in social housing and worker housing projects
The State Bank of Vietnam (SBV) is set to further reduce regulatory interest rates on May 25, the third cut in a row since mid-March, expected to give a boost to the stagnant real estate market.
Even as the biggest real estate businesses struggle with debts and bankruptcy, banks continue to stay afloat and tackle the bad debt situation over a period of time. This ability of banks helps bank stocks not fall too low, despite overdue payments.
Prime Minister Pham Minh Chinh and other National Assembly (NA) deputies of the Mekong Delta city of Can Tho had a meeting with voters in Binh Thuy district on May 14, ahead of the 15th parliament’s fifth session.
On May 11, the State Bank of Vietnam (SBV) and the People's Committee of Ho Chi Minh City jointly organized a conference to discuss monetary and credit solutions to support and promote the economy of the Southeast region.
The supply for social housing in Vietnam, especially the Southeast region, is surplus thanks to promoting policies from the Government. The obstacle is legal issues. By addressing them, more investors will feel more encouraged pouring money here.
Drastic measures are needed for Ho Chi Minh City (HCMC) – the country’s largest economic hub - to address a series of problems in a bid to speed up recovery, experts have said.
The corporate bond market experienced a prolonged period of stagnation, but in the first few months of 2023, it has seen a resurgence with numerous successful issuances.
When Resolution No.33/NQ-CP about solutions to resolve difficulties and promote the safe, healthy, and sustainable development of the real estate market came into effect on March 11, 2023, several issues of real estate projects have been addressed.
Prime Minister Pham Minh Chinh on April 25 asked ministries and sectors to optimise all tools to remove difficulties facing the financial, corporate bond and real estate markets.
