(SGI) - Since February, domestic stocks have been almost flat, while the US Dow Jones is back near historic heights. Both domestic and foreign stock markets have had a positive start in 2023, but expectations for the rest of 2023 are much awaited.
(SGI) - The Government is focused on removing difficulties and obstacles for the capital market in 2023. It wants to remove obstacles in cash flow, support businesses, and improve competitiveness to boost the economy.
(SGI) - On the afternoon of 14 March, many investors were left startled when the State Bank of Vietnam decided to reduce the operating interest rate and the short-term lending interest rate of credit institutions for a number of economic sectors from 5.5 per cent per year to 5.0 per cent per year. The immediate effect led to the stock market exploding by 2.1 percentage points in the session on 15 March.
(SGI) - Since the beginning of March 2023, commercial banks have reduced deposit interest rates which has been contrary to forecasts made by many domestic and foreign investment organizations who believed that the interest rates may increase when the Federal Reserve (FED) raises the interest rate yet again.
(SGI) - All throughout 2022, Vietnamese enterprises faced endless frustration and disappointment in trying to access loans with preferential interest rates and exhausted their attempts to seek extension of support policies such as for VAT reduction.
(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) - As per Decree 31/2022/ND-CP of the Government and Circular 03/2022/TT-NHNN of the State Bank of Vietnam, the VND 40,000 bln interest rate support package from the state budget is expected to help businesses access cheap capital to recover in the post-pandemic phase.
(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) - Real estate enterprises are facing many difficulties, from tightening of credit policy, pressure of bonds maturity, and selling off mortgages of stocks. However, this could also be the right opportunity to buy real estate stocks when the price drops to bottom.
(SGI) - The move made by some commercial banks to reduce the lending interest rate, and the decision of the State Bank of Vietnam to increase credit by 1.5% to 2% has had a positive impact on manufacturing and export enterprises.
(SGI) - Globally the purchasing power of consumers has been significantly affected by rising inflation, exchange rate fluctuations, high interest rates, supply chain disruptions and the ongoing Russia-Ukraine conflict. This impact is now also being felt in retail stocks which are now losing their sheen in the eyes of investors.
(SGI) - Saigon Investment published an article on 27 July 2022 with the title "When securities companies and banks rush to broker corporate bonds", which highlighted facts of the corporate bonds market and the naivety of first-time bonds investors.