Việt Nam News

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.

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.

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.

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.

BUSINESS BEAT

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.

Faced with the likelihood of inflation, banks have to increase their deposit interest rates to ensure positive real interest rates to prevent depositors from withdrawing their money and investing it in other assets like securities and real estate.

If a large part of the credit is pumped into the securities market, it can be a big problem for the banking system and the whole economy once the stock market bubble breaks out.