Excluding bank bonds (which have low interest rates), the average interest rate in Q2 was 10.27 percent, nearly the same as the interest rate in H2 2019. This was attributed to the bank deposit interest rate reductions. Excluding bank bonds (which have low interest rates), the average interest rate in Q2 was 10.27 percent, nearly the same as the interest rate in H2 2019. This was attributed to the bank deposit interest rate reductions. … [Read more...] about Investors still pouring money into corporate bonds, despite warnings
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Despite lower interest rates, people still put money in banks
Other experts also said when gold prices and the securities market have been fluctuating so much and realty market is quiet, corporate bonds with high-interest of 10 – 11 per cent per year could bring high risk of loss due to the difficulties corporations face from the pandemic, many investors would take bank deposits as a priority. … [Read more...] about Despite lower interest rates, people still put money in banks
Money-hungry F&B startups flounder
Last October, the Vietnamese media reported that Nhat’s Mon Hue restaurant system became insolvent. The four foreign investors tried to contact Huy Nhat in vain. After checking the balance of the bank account of Horizon Vietnam – the company owned by Nhat to develop the project in Thua Thien-Hue, they found that less than VND300 million ($13,000) of $25 million remained. … [Read more...] about Money-hungry F&B startups flounder
Citi creating robust energies for South Korean investors
Don Choi: It can be largely divided into three stages with the first two stages focused on exports. After the normalisation of diplomatic relations between South Korea and Vietnam in 1992 following the lifting of the trade embargo, Vietnam experienced a first wave of funding from South Korea that was primarily focused on labour-intensive manufacturing in the garment and textiles sector. … [Read more...] about Citi creating robust energies for South Korean investors
Social trading opens up stock trading for non-professionals
While social trading makes the financial markets more accessible and is shaping up as a true challenge to expensive wealth managers, it takes nothing away from what makes trading an art: skill, dedication, determination, and the tenacity to stick to a position even when the world seems to be falling down, just to snap out of a dive and soar higher than ever – all is still within. … [Read more...] about Social trading opens up stock trading for non-professionals
