Việt Nam News

Online scams have been climbing steadily in recent years as more people are taken in by "easy money" tricks.

Total outstanding value of corporate bonds by the end of April 2022 reached VNĐ320.4 trillion (US$13.8 billion), accounting for a small proportion of the country’s total outstanding credit of 2.86 per cent, according to the State Bank of Việt Nam.

Many bank clients have bought insurance through their banks (bancassurance), but they have received no support from the institutions when problems arose.

Deposit interest rate in the second half of this year might be adjusted up some 0.3 to 0.5 percentage points, experts forecast.

Việt Nam needs to reduce taxes and fees for petrol and oil products to stabilise the domestic petroleum market and ensure economic growth, according to experts.

Consumers are increasingly looking for natural and environment-friendly products and those with health benefits after the COVID-19 pandemic, according to the High Quality Vietnamese Product Business Association.

With the real estate market facing liquidity problems, analysts have called for the Government and banking industry to create a mechanism that enables property developers to borrow and issue bonds.

The Việt Nam Oil and Gas Group (PetroVietnam) pumped 4.55 million tonnes of crude oil in the first five months of 2022, surpassing the plan by 22 per cent, contributing to ensuring national energy security and national development.

The stocks market was mixed on Tuesday, as a strong recovery in risk asset demand in the last minutes of the afternoon session helped pull the VN-Index out of the bearish trend set in the morning trade.

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

The US on Monday announced a two-year tax exemption period on solar panels manufactured in four Southeast Asian countries, including Việt Nam.

The Việt Nam Association of Seafood Exporters and Producers (VASEP) will release an updated edition of the map of Vietnamese seafood companies in July, with some 5,000 copies.

Building stable labour supply chains with labourers put at the centre of all policies and emphasis laid on ensuring income and social security is one of the solutions to post-pandemic economic recovery.

The stock market is resuming its uptrend following a recent steep decline after receiving positive information, creating a driving force for a new recovery phase.

The Law on Support for Small- and Medium-sized Enterprises (SME) took effect on January 1, 2018, but its programmes have not provided adequate coverage to make any big difference.

Shares were mixed on Monday as the rising selling force in the late session caused big falls in realty stocks.

Việt Nam wants to attract up to 50 per cent of the Fortune-listed 500 global largest corporations in the future, according to a governmental decree recently signed by Deputy Prime Minister Phạm Bình Minh on the country's investment and cooperation strategy in the 2021-30 period. 

As the Ministry of Labour, Invalids and Social Affairs has been gathering comments on a draft on the minimum wage, insiders say the proposed wages are insufficient to make ends meet.