(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) - Vietnam is becoming increasingly more and more attractive in the eyes of foreign retail giants. Despite global fluctuations some big international retailers are making ambitious plans to expand their foothold in the Vietnamese market, mainly due to a stable growth structure in Vietnam.
(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) - All the bi-lateral and multi-lateral Free Trade Agreements (FTAs), along with the Regional Comprehensive Economic Partnership (RCEP) which came into effect on 1 January 2022, have helped in opening up the Vietnamese market to the world.
The Vietnamese medical devices market, which is growing annually at more than 18%, relies heavily on imports, representing significant opportunities for foreign businesses, according to the Ho Chi Minh City Medical Equipment Association.
(SGI) - Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has successfully concluded a landmark USD 1 billion syndicated loan facility (the “Facility”), setting another milestone in its offshore fund-raising activity. This is to date the largest-ever medium and long-term syndicated loan for a Vietnamese financial institution. The Facility marks Techcombank’s third approach to the offshore loan syndication market, following its inaugural USD 500 million transaction in 2020 and a highly successful USD 800 million financing completed last year.
(SGI) - The recent very successful visit of Vietnam’s Prime Minister Phạm Minh Chính to the United States is expected to boost further investment and trade between the two countries. Business experts foresee a remarkable growth in future in both exports as well as tourism.
(SGI) - IFC is joining forces with Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) to help Vietnamese small and medium businesses access innovative funding enabling them to better take part in global supply chains, expand into new markets, helping drive Vietnam’s economy.
(SGI) - Forbes Magazine recognized seven Vietnamese billionaires in it 2021 issue, which came as great news for the private sector. This news may now encourage other Vietnamese business people to look more towards development and new ideas.
Energy is among potential fields for investment cooperation between Vietnamese and US firms, with Prime Minister Pham Minh Chinh announcing that Viet Nam gives high priority to sustainable energy development, according to the Chairman of the Viet Nam Chamber of Commerce and Industry (VCCI) Pham Tan Cong.