"Despite monetary and financial stimulus, we expect volatility of equities to remain elevated as long as the duration and impact of Covid-19 remain unknown, oil prices stay depressed and earnings visibility is murky," analysts for US Bank Wealth Management wrote. BBC … [Read more...] about Coronavirus: Stock markets suffer worst quarter since 1987
2nd quarter interest rate for 2019 cbsa
Athletes race at the Sepang International Circuit last year. Vietnamese racers will take part in this year tournament on March 8-10. — Photo zing.vnViet Nam News HÀ NỘI — Three Vietnamese athletes will take part in the FIM Asia Road Racing Championship (ARRC) 2019 which will begin with its first round on March 8-10 at the Sepang International Circuit in Malaysia. … [Read more...] about Honda Racing Vietnam to race at Asia Road Racing Championship 2019
In an effort to support businesses in times of difficulty, the Vietnamese government in early March issued Directive No.11/CT-TTg on urgent tasks and solutions to help enterprises affected by the pandemic. The government is planning to issue incentives in the form of tax breaks as well as delayed tax payments and land-use fees. Thus far, the State Bank of Vietnam has already cut interest rates from February. … [Read more...] about Grounds for new hope to unfreeze FDI process
When the epidemic is contained, investors’ confidence will return. They will withdraw money from shelter channels and pour money into risky assets. As the dollar will no longer be the shelter, the demand will decrease and the exchange rate will return to normal again. Meanwhile, foreign investors are selling shares in Vietnam. As they are buying dollars in large quantities to transfer money abroad, the dollar price has increased. … [Read more...] about Why has the US dollar price escalated?
Vinalines Logistics has set a goal of 10 per cent profit rise in 2019. - Photo vinalines.com.vnViet Nam News HÀ NỘI — Vinalines Logistics Vietnam Joint Stock Company (Vinalines Logistics) has set a goal of at least 10 per cent profit growth in 2019. … [Read more...] about Vinalines Logistics aims for profit growth