(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) - In order to attract high spending tourists for long-term stay in Vietnam it is necessary to have a very clear strategy, offer a diversity of tourism products, increase the value of these tourism products, and at the same time promote more market research.
(SGI) - Global recession has no doubt had an impact in the economy which is continuing to tackle many challenges. However, other difficulties that are plaguing several businesses, especially real estate businesses, is the situation in the corporate bonds market.
(SGI) - There is an urgent need to clarify the decisions made recently by the Government on exemption and reduction of taxes, fees, and land use levies to help production and business enterprises to recover after a long phase of decline across almost all businesses.
(SGI) - Outstanding business results in 2022 were factors for investors to expect great hopes in seaport stocks in 2023. However, recent statistics show that seaport enterprises are facing turbulent times as demand has fallen all round.
(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.
Vietnam lured 1.69 billion USD worth of foreign investment in the first month of 2023, down 19.8% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
(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) - The entire real estate market is pleading for help, but the question arises as to the kind of support that it needs right now. The answers depend on the effects of the current global scenario and world markets.
(SGI) - Many enterprises in Vietnam are currently facing several difficult challenges in running their operations and these ongoing obstacles are very likely to have a serious effect on their resilience in the long run.
(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.