(SGI) - Despite investor fears, the stock market has seen an increase of approximately 1.1 percentage points in the VN Index in May. Although, it is the influx of short-term capital that has been driving the markets during this subdued phase.
(SGI) - The life insurance market was in the news recently for having duped an actor. Now much needs to be done, according to Mr. Trần Nguyên Đán, a lawyer and a lecturer at the University of Economics in Ho Chi Minh City.
(SGI) - When the general public at large begins to distrust the policies of life insurance, then it is the banks that life insurance companies turn to so as to regain their market base. Banks then compel their customers on some pretext or monetary scheme to buy life insurance.
(SGI) - For the last four decades, Ho Chi Minh City has held its position as the major economic hub of Vietnam. According to the General Statistics Office, in 2020 the economic growth of Ho Chi Minh City contributed around 21.8 percent towards the GDP of the country.
(SGI) - After the General Statistics Office announced that the GRDP index of Ho Chi Minh City in the first quarter of 2023 had only increased by 0.7 percent, leaders in Ho Chi Minh City are looking at drastic actions to revive the economic hub of the country to its old glory again.
(SGI) - The first trading month of 2023 saw only 16 sessions due to the Lunar New Year holiday break, but nonetheless, Foreign Exchange Traded Funds (ETF) poured in more than VND 2,247 bln into the stock market. In January 2023, the amount of foreign capital that poured into HoSE amounted to VND 3,797 bln.
(SGI) - When the US Federal Reserve (FED) raised the interest rate recently the stock market reacted positively, unlike when in 2022 the continuous raising of the interest rate by the FED had caused panic across markets.
(SGI) - In order for Vietnam to achieve the economic growth target in 2023, it will be necessary to have a much better synchronized coordination between fiscal and monetary policies so as to increase resilience in the economy and remove bottlenecks.
(SGI) - Many giants on the stock exchange saw a drastic fall in stock prices in 2022, with losses amounting to more than USD 11 billion. This sharp correction of the stock market last year also caused huge losses for several retail investors as well.
(SGI) - At the end of the financial year the market is often bullish. This occurs on the belief that mutual funds will beautify year-end reports by pulling up stock prices for the sake of shareholders. However, this year it looks like things are about to change.
(SGI) - The current ongoing economic fluctuation occurring worldwide is clearly affecting many export businesses in Vietnam in the last months of 2022 and is forecast to continue to affect throughout 2023.
(SGI) - The People's Committee of Ho Chi Minh City has recently proposed a tax on a second property of an individual, which is being received with mixed emotions. This suggestion has been made in an effort to increase revenue for the State and control speculation and abandonment of real estate projects.