Two foreign ETFs to target 4 local stocks
Banking & Finance

Two foreign ETFs to target 4 local stocks

Yuanta Securities has forecast that during the portfolio restructuring period in the second quarter, two foreign funds with a size of nearly $1 billion - the FTSE ETF (exchange-traded fund) and the V.N.M ETF - will strongly buy four stocks: FTS, SHB, NLG, and VCG.
HCMC - Can Tho railway being planned
Investment

HCMC - Can Tho railway being planned

Under a Decision signed by the Prime Minister on the “Railway network planning in the 2021-2030 period and vision to 2050”, a project building the Ho Chi Minh City - Can Tho railway, passing through six southern and Mekong Delta cities and provinces, is now being urgently planned. Estimated investment is $7 billion, with implementation prior to 2030. Two investors from the US and UK have expressed interest.
Interest in land plots down
Property

Interest in land plots down

According to data from Batdongsan.com.vn, interest in land plots fell 18 per cent during April compared to March and 8 per cent year-on-year. Analysts believe that real estate credit policies and tightened planning for land plots are behind the decline in the trade of plots.
Recommendations made to improve HCMC’s Cat Lai Port
Business

Recommendations made to improve HCMC’s Cat Lai Port

The Trade Facilitation Program in Vietnam, funded by the United States Agency for International Development (USAID), has made a number of recommendations on reducing congestion and facilitating logistics at Cat Lai Port in Ho Chi Minh City. Leveraging IT solutions, expanding infrastructure, and improving operational performance count among the most notable.

VET Exclusive

Vietnam Today

Japan supporting Vietnam in renewing carbon emissions cycle with natural rubber

Japan supporting Vietnam in renewing carbon emissions cycle with natural rubber

The “Innovation in science and technology of natural rubber for the global carbon cycle” project will be implemented in Vietnam for five years, from 2022 to 2027. Funded by Japanese ODA through the Science and Technology Research Partnership for Sustainable Development (SATREPS) and implemented by the Japan International Cooperation Agency (JICA) and the Japan Science and Technology Agency (JST), the project focuses on developing advanced technologies to establish a large-scale protein-free natural rubber production process in Vietnam.

Investment

Hanoi proposes capital ‘lifeline’ for Ring Road 4

Hanoi proposes capital ‘lifeline’ for Ring Road 4

Hanoi has proposed setting aside nearly VND23 trillion ($993.74 million) from the city budget to build a section of Ring Road No. 4 passing through the capital with a length of 58.2 km. The Capital Region’s Ring Road No. 4 is 112.8 km long and passes through three cities and provinces - Hanoi, Hung Yen, and Bac Ninh.

Banking & Finance

Conditions on foreign loans to enterprises being tightenened

Conditions on foreign loans to enterprises being tightenened

A draft Circular on conditions for foreign loans to enterprises not guaranteed by the government, which the State Bank of Vietnam (SBV) consulted on, will introduce regulations to prevent such loans pouring into securities and real estate. Enterprises will also not be permitted to borrow foreign capital for repaying short-term debts.

Business

Recommendations made to improve HCMC’s Cat Lai Port

Recommendations made to improve HCMC’s Cat Lai Port

The Trade Facilitation Program in Vietnam, funded by the United States Agency for International Development (USAID), has made a number of recommendations on reducing congestion and facilitating logistics at Cat Lai Port in Ho Chi Minh City. Leveraging IT solutions, expanding infrastructure, and improving operational performance count among the most notable.
Bottlenecks facing private economy must be addressed

Bottlenecks facing private economy must be addressed

According to the Vietnam Chamber of Commerce and Industry (VCCI), it is necessary to review and supplement legal regulations that are no longer suitable to remove bottlenecks facing the development of the private economy. It is also necessary to enhance the role of socio-political and socio-professional organizations in the private economy.

Society

Labor policies at SOEs set for revision

Labor policies at SOEs set for revision

During the second quarter of this year, the Ministry of Labor, Invalids and Social Affairs is expected to submit to the government amendments to regulations on labor management, wages, and bonuses for managers and employees at State-owned enterprises (SOEs), according to market principles and associated with workplace productivity and production and business efficiency.