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HCM City needs to improve business climate: experts
The southern metropolis HCM City needs to develop policy mechanisms and legal frameworks and improve its business climate, infrastructure and human resources to recover the economy, experts say.
The southern metropolis HCM City needs to develop policy mechanisms and legal frameworks and improve its business climate, infrastructure and human resources to recover the economy, experts say.
Domestic enterprises need to increase their initiative in seizing incentives in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to optimise the deal, experts said.
Prices of construction materials like iron and steel, cement, stone, and sand have increased relentlessly since the beginning of this year due to a surge in demand caused by the peak construction period being delayed by COVID-19 from February-April last year.
Vietnamese markets extended gains and ended higher on Tuesday, thanks largely to sharp rises in banking, securities, oil and fertiliser shares.
Shareholders are now focusing on news about bank dividends, especially as banks have been doing well throughout the past year despite the COVID-19 pandemic.
With more firms being added to portfolios in Q1, foreign Exchange Traded Funds (ETFs) are optimistic about Việt Nam’s securities market.
50,000 vehicles per year is the minimum production level needed for the growth of the Vietnamese auto part industry. Unfortunately, few car producers in Việt Nam have reached such a level.
Low capitalisation levels are likely to remain a credit weakness for rated Vietnamese banks as rapid loan growth will make it challenging to raise capital adequacy ratios (CARs) in the next two to three years, according to Fitch Ratings.