Banking & Finance

According to Agriseco Research, the impact of Russia - Ukraine tensions on Vietnam’s stock market will be minimal in the short term but will grow in the next three to six months. Transport and logistics will be most affected by the conflict, while oil and gas, fertilizers, and food will benefit.

According to Circular No. 05/2022/TT-BTC guiding the restructuring of enterprises that are ineligible for equitization, issued recently by the Ministry of Finance (MoF), Vietnam’s debt trading company is entitled to actively negotiate debt purchases with creditors and propose plans to restructure an enterprise in accordance with the law.

Banking app given a mission of “Bank less. Get more.”

Vietnam will not see strong financial liberalization before 2030. This is a problem in need of resolution if Ho Chi Minh City is to become an international financial center, as planned. The city also needs to improve its competitiveness. According to an evaluation, its competitiveness remains at the average level, equal to regional cities such as Manila and Jakarta.

FiinGroup analysts believe that interest rates on corporate bonds will rise during 2022. Two drivers are keeping issuance activities vibrant: the fact that 60 per cent of corporate bonds will mature in the next two years, and that spending on assets in the past two years has been lower than the five-year average, especially in the real estate sector.

Securities grew by an average of 136.8 per cent in 2021 thanks to impressive profits. Factors supporting earnings growth this year, however, will be much less favorable. KIS Securities nonetheless believes that the concerns are few in the first half.