With authorities recently warning individual investors about the risks of buying corporate bonds, the State Securities Commission of Vietnam could tighten regulations on their issuance this year in line with a government decree set to take effect next year, analysts of brokerage Mirae Asset Vietnam said in a report. … [Read more...] about Vietnam could tighten bond issuance this year: analysts
Bond market holidays 2017
In addition, the Government cautiously recommended the NA consider and adopt the guideline on several specific mechanisms and policies to revive the economy in the new situation. Accordingly, the Government asked for the NA’s permission to proactively adjust the 2020 public investment plans among ministries, sectors and localities within the expenditure estimate on development investment; convert the investment mode for important transport projects from that of a public-private partnership to the use of the state budget; exempt and reduce a number of tax obligations concerning the areas and subjects suffering heavy losses due to COVID-19; postpone the increase of basic salary for civil servants, public employees and the armed forces and pensions from July 1, 2020; and consider launching new economic stimulus packages if the pandemic continues to be prolonged on a global scale. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30
As of May 14, Hanoi has delivered aids to 385,390 people affected by the Covid-19 pandemic, reaching 99.9% of the people entitled to receive such support, local media reported, citing the municipal Department of Labor, War Invalids and Social Affairs’ report at a May 27 meeting. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 29
Saebel: Local tourism can certainly offer a certain supply of customers; however, with the massive hotel expansion which we have experienced over the last few years, it is impossible to fill rooms in a profitable way. We certainly see reluctance in F&B sectors, with once crowded restaurants currently sparsely occupied. During times of emergency, people tend to lean toward frugality and the luxury of a hotel stay becomes an unnecessary expense. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
Sabeco's former chairman Vo Thanh Ha (right) signs a deal to sell a 54-percent stake in the Vietnamese brewer to Thai Bev in this file photo taken on December 18, 2017. Photo: Tran Vu Nghi / Tuoi Tre This is the third time since 2018 that Thai Bev has made such an announcement to refute similar claims, after it had successfully bought a majority stake worth US$4.84 billion in Sabeco from the Vietnamese Ministry of Industry and Trade in December 2017. … [Read more...] about Thai Bev denies rumors about plan to sell stake in Vietnam’s Sabeco