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The Ministry of Finance has also issued warnings about the potential risks of investing in bonds, advising investors not to purchase bonds just because of high interest rates. In addition, the Ministry of Finance has asked issuers to make sure they are sufficiently financially healthy to pay back debts. Companies must also be committed to the deals signed with investors, especially individual ones. … [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

The bank’s total outstanding balance came to VND219.565 trillion ($9.54 billion) in the first half this year, up VND12.760 trillion ($554 million) or 6.2 per cent compared to end of 2019. Aside with this, the bank’s total outstanding balance came to VND219.565 trillion ($9.54 billion), up VND12.760 trillion ($554 million) or 6.2 per cent compared to the end of 2019, which was distributed to more than 6.5 million poor, near-poor households, and other policy beneficiaries. Of this, the balance from the diverse credit programmes assigned by the prime minister reached VND189.499 trillion ($8.23 billion), up VND9.495 trillion ($412 million) or 5 per cent compared to the end of 2019 and equal to 66 per cent of the plan assigned by the PM. … [Read more...] about VBSP registers upbeat first-half performance

Let’s break the idea into its constituent components beginning with five reasons for focusing on small businesses during a recovery. Firstly, these businesses represent an important block of the economy. Including micro enterprises, they account for 98 per cent of all businesses and around half of all jobs. Secondly, SMEs can play a critical role in recovery. In low- and middle-income countries, they are generally the most responsible for job creation. … [Read more...] about Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs

Some of the biggest gainers among large-cap stocks were consumer goods producer MSN, up 2.26% to VND95,100, and sugar maker SBT, up 5% to VND25,000. Besides, retailer VRE and jewelry company PNJ increased 1.8% to VND37,350 and 1.7% to VND83,900, respectively. … [Read more...] about VN-Index ends in the red as bluechips sink