Banks target consumer loans for higher credit growth Commercial banks are trying to boost individual consumer loans, especially to home and car buyers, since credit growth had slowed due to low capital demand from businesses.

Improving sentiment lifts emerging East Asian bonds The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Việt Nam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.

Despite lower interest rates, people still put money in banks

Though the deposit interest rates of commercial banks have been reducing, people are still putting their money into banks amid the pandemic.

Plastics industry shrugs off pandemic, interests stock investors

The new wave of Covid-19 infections has caused heavy pressure on the country’s economy. In this uncertain context money flows into the stock market have turned towards firms with good financial capability, reliable operations and attractive dividend policies.

Banks’ profit forecast to drop significantly in H2 2020

The pre-tax profit of the banking system in the second half of this year is estimated to fall 22.1 per cent compared to the same period last year due to an increase in provisions for risky loans in the wake of the COVID-19 pandemic.

Companies to pump out bonds as trade will soon be restricted

The corporate bond market will flourish in the third quarter of this year but will then step back in the fourth quarter in anticipation of regulatory amendments which will impose restrictions on bond trading from early September.

Việt Nam expects imminent new wave of foreign investment In late July, news that 15 Japanese companies received support from their Government to move to Việt Nam from China became a hot topic in the media.

Ministry seeks to further open petroleum retail market

The Ministry of Industry and Trade has called for allowing all foreign investors to further participate in the petroleum retail market.

Decree takes effect in September to raise standards for corporate bond market

The value of corporate bond market increased sharply from 9.01 per cent of the country’s total GDP in 2018 to 11.3 per cent in 2019.

Increase in M &A deals looks imminent in property sector Many analysts think now is a good time for investors looking for acquisitions in the property industry to act since difficulties caused by the Covide-19 pandemic have thrown up opportunities.