G-bonds vs access to capital
Apart from the lower capital efficiency due to the amount raised from G-bond issues outpacing the disbursement of public investment capital, which has resulted in the cash balance in the State budget soaring, the excessive capital mobilized from via G-bond sales has also worsened the crowding-out
Riding on rocky roads
Any hope for improving business conditions by midyear has faded due to dismal demand in main markets and macroeconomic instability. New orders plunge In its first-quarter consolidated financial statement, Century Synthetic Fiber Corporation (HOSE: STK) posted net revenue of VND288 billion,
Shortage, but abundance
Despite looming concerns over a shortage of electricity this summer, many completed wind and solar power projects have yet to be connected to the national grid, given protracted pricing problems. Multibillion-dong investments remain on hold amid soaring electricity demand. As electricity producers
Chances from businesses with strong profit growth
Most enterprises have reported their profits for the first quarter of 2023. Besides those suffering a sharp decline as predicted, there are still businesses with unexpectedly strong growth, making their valuations attractive. Looking for opportunities The stock market staged a major rally on May
Worker shortage sparks concerns
Besides limited technological capability, Vietnamese mechanical engineering enterprises are upset about their trained workers leaving for foreign-invested companies or searching for opportunities to work abroad in labor cooperation programs. Meanwhile, the number of fresh technical and mechanical
Giving Vietnam a taste of Hawaii
Ryan Tsutsui, a Hawaiian food store owner in HCMC for six years, has merged Hawaiian and Vietnamese flavors, contributing to the country’s thriving food culture. Hibachi Takeaway Restaurant, located at 655/2 Doan Van Bo Street, District 4, HCMC, is a place where the spirit of aloha can be found in
Navigating monetary policy amid economic turmoil
Exercising prudence in navigating monetary policy has become more critical than ever as recession risks, escalating inflation, slow global trade growth and a banking crisis in the U.S. are biting into the global economy. Inflation risk looms large The macroeconomic outlook in 2022 and early 2023
Beyond expectations
Vietnam and Indonesia have enjoyed a strong bilateral relationship with time-tested values. The two countries have successfully exceeded their target by 2023, with US$14 billion in bilateral trade. In an interview with The Saigon Times, Denny Abdi, Ambassador of Indonesia to Vietnam, shared his
Electronics retail sector in distress
The electronics and technology retail sector has taken a hit from the global economic downturn, with many large companies having performed poorly over the last two years. Sales are hit hard Many retail giants, including Mobile World Investment Corporation (MWG), FPT Retail and Digiworld, saw a
Mounting challenges
As the tax and land fee incentives that have made Vietnam appealing to foreign investors are about to end, the Government needs to devise a different strategy to attract new foreign investors and retain existing ones. Operational foreign investments decline According to the Foreign Investment
A shield for personal data
The Government on April 17, 2023 issued Decree 13/2023/ND-CP on protecting personal data to help build a legal corridor for the national digital transformation, aiming at achieving information security and development of the digital society This decree recognizes all basic rights of individuals as
Credit growth and rate cuts
Since early this year, many banks have made deep deposit rate cuts, with the rate for tenures shorter than six months reduced by 0.5 percentage point and that for longer tenures slashed by 1.5 to 2.0 points. The lending rate, however, remains high as its reduction has been narrower than that of