Business News

The Vietnamese stock market entered the second half of the year with many positive developments. The chance of being upgraded by FTSE Russell is stimulating investor confidence more than ever and this also attracts great interests from foreign securities companies.

The Ministry said once the proposal is approved, State budget revenues will be reduced by VND 9,200 billion/year but in the long run, the proposal will help SMEs to increase funding for business expansion.

In other markets such as South Korea, Japan, Singapore and Thailand, a number of FDI firms are listed on the stock markets and there is no difference or discrimination between foreign-invested firms and domestic firms.

Real estate brokerage plays an important role in the circulation of real estate products. The sustainable development of the property market depends on a variety of factors such as legal policy, management of authorities, operations of the businesses, as well as professionalism of brokerage teams.

Banks in Vietnam race to offer loans for household solar energy projects, using low interest rates and long repayment periods as incentives. As solar energy gains popularity in Vietnam, lenders are looking to finance consumers who want to install solar panels in their own homes.

The Việt Nam Asset Management Company (VAMC) is planning to develop a new strategy for buying and selling bad debts in Việt Nam this year, in which it will play a central role to promote the development of the debt trading market.

The World Bank (WB) Board of Executive Directors yesterday approved a US$194.36 million credit plan to help four secondary cities in Việt Nam build critically-needed municipal infrastructure and strengthen urban planning.

The credit growth of Vietnamese banks in the first five months of this year expanded by 5.07 per cent against the end of 2018, the State Bank of Việt Nam (SBV) reported.