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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

Foreign investors were net sellers to the tune of around VND620 billion on all three bourses, with the net selling focused mostly on HPG of steelmaker Hoa Phat Group (up 0.2 percent), SSI of SSI Securities Corporation and VHM of Vinhomes. … [Read more...] about VN-Index inches down in week’s opening session

Poised for executing second-half tasks and duties VBSP gives rewards to best-performing units in the first-half this year General director Duong Quyet Thang stated that this is the final year of the implementation of VBSP’s development strategy in light of the PM's Decision No.852/QD-TTg dated July 10, 2012, so member units need to review their activities to craft a new strategy for 2021-2030. … [Read more...] about VBSP registers upbeat first-half performance

Moreover, economic policy that follows the fortunes of these firms would benefit not just women but all economic participants. Most obviously, monetary and fiscal policy would have an incentive to look past the headline numbers and consider how the larger statistics on GDP and unemployment are filtering down to the less advantaged. This will create a bias toward greater support during a downturn. Focusing on the health of women-owned businesses would also improve economic resilience. Women are more likely to be in economically vulnerable jobs than men, and with poorer access to finance, and businesses owned by them are at greater risk of bankruptcy because of temporary liquidity issues rather than more serious solvency issues. … [Read more...] about Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,152 VND per USD on January 19, up 11 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,846 VND/USD and the floor rate, 22,458 VND/USD. The opening hour rates at some commercial banks saw a slight fluctuation. At 8:25 am, Vietcombank listed the buying rate at 23,950 VND/USD and the selling rate at 23,160 VND/USD, both unchanged from January 18. BIDV listed the buying rate at 22,960 VND/USD and the selling rate at 23,160 VND/USD, both unchanged from the previous day. Meanwhile, Vietinbank cut both rates by 2 VND to 22,923 VND/USD (buying) and 23,166 VND/USD (selling)./. … [Read more...] about Exchange rate up 11 VND on January 19