Financial support still pie in the sky for supporting firms Business

Financial support still pie in the sky for supporting firms

Nine years after the issuance of a Government decision that set out preferential credit policies to provide more financial support for Vietnamese firms in the supporting industry, few have been able to make use of said policies, industry insiders have said.
VNDirect sees post-tax profit up 31 pct in 2019 Business

VNDirect sees post-tax profit up 31 pct in 2019

VNDirect Securities Corporation (VNDS) expects its post-tax profit to grow 31 percent year on year in 2019 to 487 billion VND (20.9 million USD), attendees heard at the firm’s annual shareholder meeting on April 18.
How will USD exchange rate move in 2019? Business

How will USD exchange rate move in 2019?

Experts have predicted that the State Bank of Vietnam (SBV) will hike the VND/USD exchange rate by 1.5-2 percent in 2019 to stabilise the macro-economy and facilitate exports.
G-bond yield hits seven-month low Business

G-bond yield hits seven-month low

The yield of Government bonds (G-bond) has continued to decline and hit seven-month lows as the US Federal Reserve (Fed) seems unlikely to hike interest rates and the domestic monetary market has shown positive movements.
ASEAN should be well-prepared for economic "headwinds" World

ASEAN should be well-prepared for economic "headwinds"

Member states of the Association of Southeast Asian Nations (ASEAN) should prioritise progress on regional initiatives to cope with major economic headwinds in the context of increasing US-China trade tensions, according to eastasiaforum.org.
Initiatives help remove economic headwinds facing ASEAN in 2019 World

Initiatives help remove economic headwinds facing ASEAN in 2019

Member countries of ASEAN need to give priority to promoting ASEAN Economic Community 2025 (AEC2025) and concluding Regional Comprehensive Economic Partnership (RCEP) negotiations to deal with economic headwinds in 2019, according to a recent article on the website https://www.eurasiareview.com.
Fuel prices set to put pressure on inflation Business

Fuel prices set to put pressure on inflation

Increases in environmental protection taxes on petroleum from the beginning of next year would weigh heavily on inflation, especially as fuel prices rise worldwide, according to the Vietnam Institute For Economic and Policy Research (VEPR).
Thailand: Domestic demand not strong enough ASEAN

Thailand: Domestic demand not strong enough

Thailand’s economy saw an increase in external demand but domestic demand was not “sufficiently strong”, according to a minutes of the Bank of Thailand (BoT)’s latest policy meeting.
Massive selloff hits VN stocks Business

Massive selloff hits VN stocks

Vietnamese shares plummeted as investor confidence was dampened by worries over the increasing pace of the US central bank’s interest rate hike this year.