Financial Markets Finance ministry warns of high corporate bond rates The Saigon Times Daily Tuesday, Nov 19, 2019,19:50 (GMT+7) Finance ministry warns of high corporate bond rates The Saigon Times Daily A person holds packets of Vietnamese banknotes. The Ministry of Finance has advised investors not to be lured by the relatively high coupons of corporate bonds - PHOTO: THANH HOA HCMC – The Ministry of Finance on November 19 made recommendations concerning corporate bonds, advising investors to carefully consider purchasing those bonds coming with high coupons, reported Sai Gon Giai Phong newspaper. According to the ministry, a corporate bond is a debt security issued by a corporation, typically backed by the firm’s payment ability. Whether the issuer can repay depends on its financial and business performance, so investors should carefully consider and evaluate possible risks before deciding to buy … [Read more...] about Finance ministry warns of high corporate bond rates
Corporate
Greening coal-mining areas
The corporation has so far planted and taken care of thousands of hectares of green trees on coal-mining areas in localities where its units are stationed. In response to this year’s tree-planting festival, the corporation has set the target to plant 40 hectares of trees of all kinds, contributing to implementing sustainable development objectives. The corporation is also the first to be awarded with the prize "For the National Green Environment 2013" by the Vietnam Association for Conservation of Nature and Environment. Below are a number of images taken in coal-mining areas of the corporation. Trees planted in Dan Chu commune by workers of the Thang Long One-member Limited Liability Company (under the Dong Bac Corporation) Local people planting trees during Lunar New Year tree-planting festival Workers from the Dong Bac Corporation and locals planting green trees in the coal-mining areas of Thang Long One-member Limited Liability Company (under the Dong … [Read more...] about Greening coal-mining areas
Businesses need to prepare themselves to tackle trade defence instruments
Illustrative image (Source: Internet) Aside from joining the World Trade Organization (WTO), the country has signed 17 free trade agreements (FTAs), including several new-generation FTAs such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam free trade agreement (EVFTA). The implementation of the commitments outlined in these trade deals offers plenty of opportunities for the national economy, in addition to providing a boost to the production sector in the context of fiercer competition from imported goods, especially those coming from CPTPP and EVFTA member states. According to statistics, the Ministry of Industry and Trade (MoIT) has begun an investigation into 15 trade remedy cases, including eight anti-dumping lawsuits, six self-defence cases, and one trade remedy evasion. As of the end of September, up to 154 trade remedy cases had been initiated by 19 nations and territories regarding Vietnam’s … [Read more...] about Businesses need to prepare themselves to tackle trade defence instruments
