Bonds vs money market

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

Before the crisis, it had become painfully clear that greater international co-operation is needed to reap the full benefits of globalisation and make them more inclusive both within and across nations. The hard road ahead may prove a temptation to governments and regulators to retreat within their borders in a variation on every man for himself. But that would be taking exactly the wrong lesson from the astonishing accomplishments of recent months, which to my mind provide irrefutable evidence of how much we stand to gain by staying agile, resilient, and humane – together. … [Read more...] about Resilience, agility and humanity: some lessons from the pandemic

In the list of 154 models subject to registration fee adjustment under Decision No.452/QD-BTC effective from April 3 on adjusting registration fees for automobiles and motorbikes, registration fees for passenger cars or cars with less than nine seats were 12 per cent in eight provinces and cities (Hanoi, Quang Ninh, Haiphong, Lao Cai, Cao Bang, Lang Son, Son La, and Can Tho), while it is 11 per cent in Ha Tinh and 10 per cent in Ho Chi Minh City, Danang, and other cities. The charge is now 7.2 per cent for a pickup truck in the first group of cities/provinces, 6.6 per cent in Ha Tinh, and 6 per cent in other cities. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

According to chairman Ngô Chí Dũng, the bank has begun preliminary talks to sell up to 49 per cent in its consumer finance arm, FE Credit. The money from the deal will be spent on its retail and SME divisions. … [Read more...] about VPBank confident of beating 2020 profit target

On the flip side, experts believed controlling cost is key for European lenders at this moment, so looking for lucrative land in Asia might not be on their top priority now. Banks have been caught between a rock and hard place given the low and negative interest rates across the continent. Deutsche Bank, which entered Vietnam in 1992, now finds itself in uncharted waters due to the COVID-19 pandemic forcing it to set aside money for loan losses and disrupting its targets. The bank now holds 2.52 per cent of shares at Vietnamese lender SHB. … [Read more...] about Upcoming EVFTA to fortify lenders