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Three groups of stocks to benefit when tourism opens up
Banking & Finance

Three groups of stocks to benefit when tourism opens up

According to SSI Research, when Vietnam fully opens its doors to international tourists on March 15 there will be three groups of stocks that will benefit: travel stocks, tourist accommodation stocks, and travel transport stocks. The tourism industry aims to welcome 65 million tourists this year, including 5 million international visitors.
Banking & Finance

State Foreign Exchange Reserve Management Department to be established

Vietnam’s foreign exchange reserves have now increased to over $109.9 billion, so in order to renovate management, the State Bank of Vietnam (SBV) plans to establish the State Foreign Exchange Reserve Management Department, based on reorganizing and adjusting the functions and tasks of its Foreign Exchange Management Department and Central Banking Department.
Banking & Finance

Government bond issuances falling short of targets

The State Treasury mobilized more than VND23 trillion ($1 billion) worth of government bonds in January and VND9.38 trillion ($410 million) in February. By the end of February, it had therefore completed only 22 per cent of the plan to issue VND105 trillion ($4.6 billion) worth of government bonds in the first quarter of 2022.
Three groups of stocks to benefit when tourism opens up

Three groups of stocks to benefit when tourism opens up

According to SSI Research, when Vietnam fully opens its doors to international tourists on March 15 there will be three groups of stocks that will benefit: travel stocks, tourist accommodation stocks, and travel transport stocks. The tourism industry aims to welcome 65 million tourists this year, including 5 million international visitors.
MoF still to develop draft law on real estate tax

MoF still to develop draft law on real estate tax

While the majority of economists support the need to tax houses and landed property as soon as possible, the Ministry of Finance (MoF) has said there is currently no policy to develop a draft law on taxing property. In 2018, the ministry proposed developing a Law on Property Tax, but encountered many conflicting opinions.
Foreign funds posting losses

Foreign funds posting losses

“Billion-dollar” investments were of huge interest to foreign investment funds in Vietnam’s stock market in 2021, but 2022 is a more difficult situation, with many funds facing losses, some heavy.
State Foreign Exchange Reserve Management Department to be established

State Foreign Exchange Reserve Management Department to be established

Vietnam’s foreign exchange reserves have now increased to over $109.9 billion, so in order to renovate management, the State Bank of Vietnam (SBV) plans to establish the State Foreign Exchange Reserve Management Department, based on reorganizing and adjusting the functions and tasks of its Foreign Exchange Management Department and Central Banking Department.
Government bond issuances falling short of targets

Government bond issuances falling short of targets

The State Treasury mobilized more than VND23 trillion ($1 billion) worth of government bonds in January and VND9.38 trillion ($410 million) in February. By the end of February, it had therefore completed only 22 per cent of the plan to issue VND105 trillion ($4.6 billion) worth of government bonds in the first quarter of 2022.
Textile and wood industry stocks benefit from Vietnam-US trade

Textile and wood industry stocks benefit from Vietnam-US trade

Figures from the General Department of Vietnam Customs show that the US imports the most textile products from Vietnam and is also the largest market for Vietnam’s wood and wooden products. Textiles and wood are now among the groups with the largest number of stocks and attract the most attention from stock market investors.

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