Việt Nam News

According to the ministry, in the 11 months of 2022, the world's economic and political situation changed rapidly and complicatedly. Prices of strategic raw materials, including petrol, rose to high levels in the first half of the year to put great pressure on the target of controlling inflation in Việt Nam.

Football can play its part, according to Dortmund managing director Carsten Cramer, in promoting and expanding connections between the two countries.

A recent report from financial data service provider FiinGroup showed the channel for raising capital through domestic bonds is gloomy, but many domestic enterprises still succeeded in mobilising international loans. Specifically, ten deals announced recently had a total value of nearly US$1.92 billion.

According to industry insiders, demand deposits, or current account savings account (CASA), of many banks has started to decline since the second quarter of 2022.

Real estate enterprises should actively find alternative funding sources such as foreign direct investment (FDI) capital flow to curb their capital shortage as popular capital mobilisation channels for the realty industry have been tightened.

Though the State Bank of Việt Nam (SBV) has hiked interest rates twice in a month, experts agreed the SBV has no other choice but to take strong measures to curb upward pressure on the USD/VNĐ exchange rate and inflation.

The draft revised Law on Land, which will be on the agenda of the National Assembly’s meeting for the first time this month, is receiving a lot of attention from the public as it will remove the Government’s land price framework to ensure market principles prices.

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.

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.

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

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.

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.

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

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.

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

BUSINESS BEAT

BUSINESS BEAT

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.