Banking & Finance
G-bond market sees strong growth in 8M
Government bond issuance reached VND238.7 trillion ($9.04 billion).
Vietnam Today
Prime Minister outlines strategic direction for implementation of fiscal, monetary policy
In his official dispatch No. 159/CD-TTg, dated September 7, PM Pham Minh Chinh sets forth directions for coordination of fiscal and monetary policies.
Banking & Finance
Construction of HMC City International Financial Center to start in September
The $7 billion center is expected to serve as a hub for banking, asset management, capital markets, fintech, and derivatives trading.
Sugar stocks remain attractive
The main supporting factor for sugar stocks in Vietnam is increasing global prices, while the country has also been gradually addressing smuggled sugar from Thailand. Most sugar stocks have been rising in recent times.
$50 mln in loans for green projects
Proparco (the French Development Finance Organization) has granted a $50 million loan to HDBank to finance green projects for sustainable development.
Stocks set to recover
Solutions to reopen the economy, support businesses to recover production, and loosen credit or lower interest rates are good news for the stock market, which may recover strongly in the fourth quarter of 2021.
Real estate stocks may see recovery in early 2022
Real estate stocks have been lackluster performers in recent times. The Viet Dragon Stock Company (VDSC), however, believes they will see a clearer recovery from the first quarter of next year.
Transaction fees exempted on loans to pay salaries
The government has directed the State Bank of Vietnam to refund transaction fees for employers who have taken out loans from the Vietnam Bank for Social Policy to pay salaries.
Fees in atomic energy field to be cut
The Ministry of Finance has proposed reductions of 50 per cent to certain fees in the field of atomic energy. It has also reduced 30 other fees and charges to the end of the year, totaling some VND2 trillion ($87.85 million).