Thailand air conditioning company loses over 1 billion VND per day in Vietnam
Casper Vietnam, a distributor of air conditioners of the same name in Thailand, reported losing over 1 billion VND last year.
Vietnam: Drop of 70% real estate transactions in Lam Dong Province
In the first quarter, Lam Dong province recorded 3,542 transactions via the notary office, a decrease of nearly 9,000 transactions compared to last year.
HCMC seen as pivotal region
The importance of HCMC does not solely rest on the proportion of the city’s GRDP in the nation’s GDP, but also on the dispersion of the end demand and production of the city to other localities in the country. The Government has issued Resolution 38/NQ-CP proposing the formulation of a National
Market recovery triggers capital increases
As access to bank loans is difficult, especially for borrowers in the real estate, construction and securities sectors, and corporate bond issues are strictly put under control, businesses have no other choice but to increase their charter capital by launching new shares. Big capital increases
Changes needed in nursing sector
Vietnam is approaching the population aging period from 2036, with over 23 million people in the age range of 30-40 set to become elderly. As a result, the healthcare and treatment system for elderly patients will face several challenges. During six years of pursuing a career in nursing at the Thu
STEM seen as catalyst for economy
A delegation from the HCMC Computer Association visited the U.S. from March 18 to March 27, 2023, as part of the program, “Creativity in Startups and Collaboration in Education’s Development”. During the trip, Ph.D. Nguyen Thanh Hai, a renowned expert and leader in the STEM THRIVE education
No shortcuts for CBT
Developing community-based tourism (CBT) is a long journey, requiring sustainable cooperation among many sides to either create livelihoods for the local community or generate profits for businesses and make the destinations attractive without harming the local culture and environment. Potential
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.
