The bond market has shown positive signs, and confidence has returned
After the Government issued Decree 08, the bond market showed more positive signs, and businesses returned to issuing bonds.
Woes persist despite interest rate cut
Contrary to expectations, the stock market has remained lackluster since the State Bank of Vietnam (SBV) lowered key interest rates in late May. U.S. debt factor The SBV announced its decision to cut policy interest rates again on May 23, marking the third rate reduction since mid-March. But that
Bad debt on the rise
Bad debt has begun rising. Without a quick solution to keep it in check, bad debt would be once again a big problem for the economy, affecting future growth. VND600 trillion worth of bad debt Seven banks have let their bad debt ratio on the balance sheet exceed 3%, out of the 28 lenders that […]
Bright outlook amid monetary easing
Monetary policy is gradually shifting from tightening to easing again. Following the two interest rate cuts in late March, the central bank has signaled another rate reduction is coming. Money goes around flexibly Contrary to former concerns, the stock market was undergoing fairly positive
Bad debt looms large for real estate
HCMC – Non-performing corporate bonds are looming large due to a high financial leverage ratio and negative cash flow of unlisted, cash-strapped real estate companies. A recent market report by the Vietnam Investors Service and Credit Rating Agency JSC (VIS Rating) indicated gloomy prospects for
PM wants rumors of banks selling debts checked
HCMC – Prime Minister Pham Minh Chinh has written to the central bank governor asking her to verify rumors of commercial banks selling debts and secured assets. Earlier, the Government Office had informed the PM of news reports that commercial banks were trying to sell and auction debts and