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No independent intermediary unit currently rates the creditability of corporate bond issuers while self-assessment is beyond the capacity of unprofessional investors. Therefore, they need to learn about the capacity of intermediary distributors in implementing commitments to buying back bonds before their maturity dates and the fees to be incurred. … [Read more...] about Corporate bonds compete with banking deposits

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

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

Experts calculate that the average interest rate of corporate bonds issued primarily range from 10.1-11.2 per cent per year for a period of 1-5 years. Thus, compared with the most competitive deposit rates, corporate bond yields are currently 0.8-1.7 per cent per year higher. Depending on the terms, corporate bond yields are also 1.8-4 per cent higher than the deposit rates of large commercial banks. … [Read more...] about Clearing path for safer corporate bond market

As of September 30, total outstanding balances from policy credit surpassed VND223.207 trillion ($9.7 billion), with nearly 6.5 million needy, near-poor households, and other policy beneficiaries still held the loans. VBSP has been carrying out more than 20 policy credit programmes where credit quality has been put at foremost importance. The rate of non-performing debts is always kept below 1 per cent of the total loan balances (0.7 per cent at present). … [Read more...] about Policy credit helps push back black credit