Debt to gdp ratio

Future opportunities Many international organizations point out that the world has few options left, aside from continuing to pump money to support the economy. Even when vaccines prove effective, the low-interest policy of the Central Bank will remain. The loosening of monetary policy has also been raised to a higher level, when the Central Bank of China, South Korea, and Thailand added new weapons such as the Central Bank Digital Currency (CBDC). Accordingly, the loosening of monetary policy will not stop, even when the Central Bank has been digitized. This is consistent with the 4.0 era, as well as with the method to tackle the ongoing pandemic. Even after the pandemic ends, there will be many changes in business thinking as businesses will have more plans, products and services, and allow much more flexibility. So the stock market will be strongly supported by policy as well as transformation of the economy and enterprises. Therefore, the Vietnam stock market with companies … [Read more...] about Need for F0 investors to diversify

Small investors oppose expanding trading lot Ho Chi Minh City Stock Exchange (HOSE)’s proposal to raise the minimum trading lot to 1,000 shares is receiving mixed opinions from market experts and investors. The proposal was initiated by newly-appointed General Director of HOSE Le Hai Tra as a solution to reduce system overloads which have troubled traders recently. A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality, said a budding investor. “My friends and I, when joining the stock market, only have a few tens to several hundreds of millions of dong, raising the minimum trading lot to 1,000 shares will directly affect our investment capacity,” said individual investor Diep. “With expensive stocks, we may have to spend hundreds of millions of dong to buy the minimum 1,000 shares,” she said. According to Diep, the stock market has never had such a chance for growth. New cash flow into … [Read more...] about VIETNAM BUSINESS NEWS MARCH 8

Domestic revenue stood at 246.65 trillion VND, equivalent to 21.8 percent of the estimate and marking a year-on-year rise of 2.8 percent. After conducting 3,400 inspections and checking 16,500 corporate tax filings, tax agencies proposed 3.4 trillion VND in fines be imposed, including 780 billion VND for the State budget. Some 345 billion VND has been collected, together with 5.1 trillion VND in tax debts. State budget expenditure reached 207.3 trillion VND in the first two months, or 12.3 percent of the estimate and down 6 percent year-on-year. Of this, 23.49 trillion VND was for development, or 4.9 percent of the estimate and down 32.4 percent. According to the ministry, debt interest payments fell 14.3 percent to 21.88 trillion VND while regular expenditure was up 1.2 percent year-on-year to 161.8 trillion VND. Some 12,760 tonnes of rice from the national reserve were provided for residents in disaster-hit areas. Up to 27 trillion VND worth of Government bonds were issued. … [Read more...] about State budget revenue up in first two months

Social blockade and isolation measures have seriously affected the economic and business activities of society and enterprises. According to the International Labour Organisation (ILO), the pandemic has caused 81 million workers across the Asia-Pacific region to lose their jobs, women and young people are "suffering" the most. The number of jobs in Asia-Pacific fell 4.2% compared to the pre-COVID 19 period. Due to the lower working hours, the average income of workers fell 9.9% in the first quarter of 2020, equivalent to a 3.4% decline in regional GDP. South Asia witnessed the highest rate of job loss, with nearly 50 million people, followed by East Asia (16 million people), Southeast Asia and the Pacific Islands, 14 million and 500,000, respectively. In Europe, many countries have seen record increases in unemployment. In the UK, in the three months to October 2020, the number of unemployed workers also increased to 370,000, with the unemployment rate increasing to 4.9%. … [Read more...] about An effective remedy