Vietnam debt market

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

According to the management board of Moc Chau National Tourism Zone, Moc Chau Night Market and Moc Chau Pedestrian Street will cover an area of 2.3 hectares, located in Moc Chau Farm Town, Son La province. The project takes the current Pha Luong Light Park as its core area, radiating from there in all directions. The project is being implemented by the People's Committee of Moc Chau district and Pha Luong Tourism Joint Stock Company. Moc Chau pedestrian street includes a showroom introducing the Thai cultural identity, which is also a centre organisingcultural performances; a dining complex, a range of kiosks selling ethnic handicrafts; snack and fast food areas and a space for Moc Chau’s farm produce. Each item will have its own functions, bearing the imprint of the Northwestern region. The products will showcase the cultural diversity of all ethnic groups in Moc Chau. This is not only aplace for evening entertainment but also a cultural performance space of the Moc Chau … [Read more...] about Moc Chau’s night market, pedestrian street: a new highlight for tourists

The total support from GCF also includes a US$75 million guarantee. US$8.3 million from the grant will be used to build capacity in the private sector to identify, appraise and execute energy efficiency projects. It will also provide technical assistance to the Ministry of Industry and Trade and the relevant authorities to further strengthen policy frameworks and regulations and create a helpful environment aimed at accelerating the energy efficiency market in Vietnam. The remaining grant funds and guarantee will be used to establish a risk-share facility to provide partial credit guarantees to local banks who may risk potential default on loans for energy efficienct projects. By reducing lending risks, the facility is expected to mobilize around US$250 million of commercial financing, to be provided to industrial enterprises and energy service companies at competitive terms and with low collateral requirements. Scaling up energy efficiency is the single best and lowest cost … [Read more...] about Vietnam provided with US$86.3 million to boost energy efficiency investments

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

Much of Vietnam Airlines’ fleet has been grounded due to the pandemic According to Le Hong Ha, deputy general director of Vietnam Airlines, the carrier has been fully aware of its responsibility to preserve and develop its products and services to both maintain the economic vein of the country and promote its golden lotus logo to bolster Vietnamese aviation and promote the nation’s culture and tourism across the world. As a bridge between regions and the world, Vietnam Airlines is committed to maximising its potentials to support domestic businesses in delivering their products to not only customers all over the country but also to numerous international friends. In 2020, Vietnam Airlines has been reaffirming its position as the top-quality airline of the nation and continuously maintained its 4-star services according to international standards. At the emergence of the pandemic, the carrier immediately applied distinct solutions to ensure safety for passengers, such as … [Read more...] about Flexibility necessary for airlines to prosper