Still on a mountain of debt
The Government’s Decree 08 and Resolution 33 have given a much-needed lifeline to cash-strapped real estate firms as the bonds they issued would fall due soon. However, analysts see the decree and resolution as a temporary solution, as bond issuers are still sitting on a mountain of debt. Due to
Middle-income trap looms large
Despite efforts to address internal difficulties and risks from the global economic slowdown, Vietnam’s economy still faces the threat of falling into the middle-income trap. From an undeveloped country, Vietnam has made significant strides to reach the 37th position among the world’s largest
Unpredictable risks
With interest rates soaring, corporate clients are coping with a higher financial cost, a decline in consumption of goods and services and other hardships that may force them to scale down their operations or even go bust. Banks as intermediaries between depositors and borrowers are grappling with
Vietnam textile enterprises strive to overcome difficulties when orders remain scarce
Vietnam textile and garment enterprises are focusing on repositioning domestic and export markets, product positioning, and technology management as well changing production models appropriately to overcome difficulties.
Vietnam Corporate bonds "break the ice": Real estate group accounted for more than 98%
Corporate bonds issued by the real estate sector accounted for 98.2% of the total volume of the first quarter of 2023.
Unlocking production, markets for VN businesses
The total import and export turnover in the first three months of 2023 was recorded at US$150 billion, significantly lower than the set target of over $200 billion, raising concerns among authorities and businesses.
Ninh Binh is considered the most affordable tourist destination in Vietnam
Ninh Binh is the destination with the most competitive hotel rates according to Agoda’s announcement of the cheapest tourist destinations in April 2023 in Vietnam, [...]
The price is less than 600,000 VND/night, what does a “fairy” homestay hidden in the land of thousands of pine trees in Da Lat have that Ha Tang and his group of friends used to come to the party?
It is no coincidence that female pearl Tang Thanh Ha and a group of close friends chose this homestay as a place to meet and [...]
A sandbox for HCMC
It is likely a Resolution on piloting a new special mechanism for HCMC’s development will be endorsed by the National Assembly during its sitting in May 2023. A new resolution to replace Resolution 54/2017/QH14 is in dire need now, but a more important question is whether the new resolution will
India’s Rice Subsidies Under Fire at WTO by U.S., Thailand, and Others
This week, the Office of the U.S. Trade Representative (USTR) filed its second “counter notification” on India’s rice and wheat subsidies to the World Trade Organization’s (WTO) Committee on Agriculture.
Cycling tour held in HCMC to mark 50th year of Vietnam-Netherlands ties
HCMC – The Consulate General of the Netherlands in HCMC this morning (April 8) held a bike tour around District 1 to highlight the growing Vietnam-Netherlands cooperation in green development and sustainable mobility. Some 400 participants, including local officials and Dutch Consulate General
Biggest loss recorded of Duc Long Gia Lai Group
Đuc Long Gia Lai Group Joint Stock Company (DLG) has a loss of up to 1,197 billion dong in 2022, this is the year this enterprise has suffered the heaviest loss since listing.