Banking & Finance

Though posting high profits, the biggest risk facing real estate companies listed on Vietnam’s stock market is their debt burden when inventory has been hit hard and cash flow is negative.

According to businesses, there remain many difficulties in accessing the VND7.5 trillion ($330 million) support package to help workers suspended from their employment, so it is necessary to loosen procedures.

The Vietnam dong (VND) is one of the few currencies to have appreciated against the USD since the beginning of the year, showing that the State Bank of Vietnam (SBV) has respected market regulation because the country is heavily dependent on exports and FDI capital.

There were few signs of recovery among blue-chips on the stock market last week, due to their opportunities remaining unclear.

Techcombank was the only Vietnamese bank to win an international Stevie Award in the category “Employer of the Year 2021 - Banking”. This is the second year in a row it has been honored with the prestigious award.

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.