Macro economy

By Donald Lambert-Principal private sector development specialist Asian Development Bank Policymakers, however, must consider if the economy needs further stimulus. Based on conventional measures, probably not. The economy is expected to bounce back strongly in 2021 with the Asian Development Bank (ADB) forecasting an expansion of 6.1 per cent, which is broadly comparable to Vietnam’s recent growth rates. With the General Statistics Office reporting unemployment at 2.5 per cent as of September 2020, the labour market seems strong. … [Read more...] about Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs

The ministry has recommended that investors get access to the evaluation reports by financial firms before buying corporate bonds to understand the target and financial status of the bond issuer as well as the chances and risks of the bond deal. Underwriters and distributors are asked not to sell corporate bonds at all cost and to practice responsibility for providing accurate, transparent information of the bond issuer and the issuance to protect investors. … [Read more...] about Corporate bonds compete with banking deposits

With strong purchasing power, young population structure, strong Internet platform, preferential corporate tax policies of 15 per cent and a surge in FDI inflows with a total registered capital of $36 billion last year, Việt Nam is heading towards high-tech industrial agriculture and other supporting industries. … [Read more...] about PM welcomes Australian firms to Vietnam

At the seminar, participants discussed the impacts of Industry 4.0 on ICT human resources development in Việt Nam, ICT training demands, priorities and challenges of Việt Nam and innovative solutions to human resources quality improvement in the digital era in the country. — VNS … [Read more...] about ICT improvements needed

Experts calculate that the average interest rate of corporate bonds issued primarily range from 10.1-11.2 per cent per year for a period of 1-5 years. Thus, compared with the most competitive deposit rates, corporate bond yields are currently 0.8-1.7 per cent per year higher. Depending on the terms, corporate bond yields are also 1.8-4 per cent higher than the deposit rates of large commercial banks. … [Read more...] about Clearing path for safer corporate bond market