(SGI) - When some representatives of real estate enterprises began to complain of difficulties that they were facing in receiving capital, the head of the State Bank of Vietnam categorically stated that the State Bank of Vietnam has not yet issued a statement on the tightening of credit for real estate businesses, as lending solely depends on appraisal by credit institutions for businesses that can still ensure safe operations.
(SGI) - The VN Index has been under intense fluctuation of late, although financial experts believe that the Vietnamese stock market is very unlikely to crash in a similar situation to that in 2008, which subsequently led to an economic depression.
(SGI) - Many financial experts are now blaming rising interest rates by central banks across the world and the current geopolitical changes across the globe for the drastic plunge in liquidity in the stock market.
(SGI) - According to the Resolution on the Economic Restructuring Plan for the period 2021 to 2025, Vietnam aims to have about 1.5 million enterprises by the end of 2025. To achieve this goal, about 160,000 new businesses will need to be set up each year.
(SGI) - The prices of most essential items have been constantly escalating over the years, but the provisions on family deductions in the Law on Personal Income Tax have remained unchanged since July 2020.
(SGI) - The State Bank of Vietnam has plans to offer e-lending facilities and has recently made amendments to a draft for Circular 39/2016/TT-NHNN for the supplementing of a number of articles in it. This will pave the way for commercial banks to compete with several booming online lending platforms in the market today.
(SGI) - The price of construction materials and gasoline have increased sharply, pushing construction contractors into a state of dilemma. Many contractors who are currently involved in completing public investment projects such as highways are worried with the spiraling costs of materials.
(SGI) - The main reason why public investment projects are running far behind schedule is because construction contractors are facing heavy losses in their basic capital. This is particularly true in the field of transport infrastructure.