Business Beat - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Việt Nam enforces e-invoicing for business households to enhance tax transparency

Transition to aquaculture better path ahead

Room for aquaculture growth is ample as Việt Nam has a large area of coastal waters not-yet-exploited, which is estimated at 500,000 ha.

Credit growth cap remains indispensable for macroeconomic stability

Businesses have faced difficulties in access to capital and commercial banks want to be able to lend freely to meet market demand. However, experts said the imposition of the credit growth cap is still necessary to keep the country’s macro economy stable in the short run.

Petrol and oil price stabilisation fund requires thorough appraisal

Việt Nam is considering amending the Law on Price, which mentions several commodities under the Government’s price stabilisation scheme including petrol and oil.

Bank lending to property sector surges despite tight money

Amid the central bank’s tight money policy and with the bond market screeching to a halt, many real estate companies thus find themselves cut off from sources of funds.

Flagship stores proliferate in Việt Nam

Market observers said these large stores are now opening not only in big cities like Hà Nội and HCM City but also in other smaller ones around the country.

Giants reshape retail pharmaceutical market

The winds of change are blowing through Việt Nam’s pharmaceutical retail industry with giants wrapping up investments to establish modern retail chains in a fast-growing market

Transport firms unwilling to cut fares amid falling fuel prices

Although fuel prices have dropped by around 20 per cent since June, many transport firms are still sitting tight, unwilling to cut fares amid falling costs.

Việt Nam in the headwinds of global rate hikes and inflation

Global rate hike and rising inflation are putting pressure on Việt Nam's monetary management policy.

As banks hike deposit interest rates, loans set to become costlier

BUSINESS BEAT

Firms wary after Tân Hoàng Minh debacle, retire bonds, cancel issues

BUSINESS BEAT

Real estate market slumps as banks cut off funds

Trần Trung Thành, a real estate broker in Bình Thuận and Bà Rịa-Vũng Tàu provinces, said since the beginning of April demand for agricultural lands has seen a sharp slump.

Fairy tale ends for businesses investing in securities market

BUSINESS BEAT

Travel companies make a comeback on stock market

Analysts said that the tourism sector is in a good position to make a strong recovery.

Vietnamese rice must increase brand recognition in ASEAN

ASEAN has been a huge potential market for Vietnamese rice, and export firms should have a strategy to expand in the market of nearly 700 million people with similarities in culture and lifestyles, Nguyễn Thị Thu Thủy, Deputy Director of Export Support Centre under the Việt Nam Trade Promotion Agency has said.

Banks may not be affected much by corporate bond issuance scam: analysts

In early April the State Securities Commission of Việt Nam decided to cancel nine bond issuances worth VNĐ10.03 trillion (US$439 million) made by the Tân Hoàng Minh Group between July 2021 and March 2022 forfiling false information and concealing information about a private placement.

Low-cost housing, ignored for long, expected to make a return this year

Hưng Thịnh Group has said that from this year it will collaborate with Đồng Tâm Group and Trường Thành Furniture Corporation to develop affordable housing in several provinces and cities, including HCM City and Long An, Bình Dương and Đồng Nai.

Inflation storm forecast this year

Analysts said inflation has hit many economies around the world, with the situation going from bad to worse, and Việt Nam is no exception with an inflation storm expected in the near future.

New policy expected to boost domain name trading

The Ministry of Information and Telecommunications has issued a circular with new provisions which are expected to create resources to develop the domain name market.

Bonds remain companies’ preferred source of capital despite tightened rules

BUSINESS BEAT

Fuel shortage raises need of Nghi Sơn’s restructuring

Experts have suggested the Government, the Ministry of Industry and Trade, the Ministry of Finance and localities need to think more carefully about the plan to jointly restructure the NSRP to reduce the adverse impact of the plant’s production problems on the market.