(SGI) - By early May, commercial banks have started to reduce deposit interest rates. With this the average deposit interest rate that had peaked in January at 9 percent per year for a 6-month term decreased to around 7.5 percent per year.
(SGI) - Even as the biggest real estate businesses struggle with debts and bankruptcy, banks continue to stay afloat and tackle the bad debts situation over a period of time. This ability of banks helps in bank stocks not falling too low, despite overdue payments.
(SGI) - Ministries and businesses have put in a great deal of effort in luring international visitors to Vietnam, but the number of foreign tourists has always been lower than to other countries in the region.
(SGI) - The second quarter business results show that the market has been deluged while the VN Index is showing no signs of improving since early July, with figures indicating that the Price-To-Earnings (P/E) ratio is going even lower.
The valuation of land is a bottleneck in the equitization process for state-owned enterprises (SOEs). However, even after the equitization process is complete many businesses still face losses with some business leaders even having to appear in court to explain several land related entanglements and issues.