Le Quang Minh, head analyst of Mirae Asset Securities, said there will be differences in foreign capital flows, including capital flowing into stocks and bonds. As raising capital via stocks will be more difficult, large businesses wishing to mobilize US$200-300 million or banks must consider raising capital via bonds. … [Read more...] about Vietnam’s stock market issues healthy outlook
Bank
ACB introduces $1 million in loans to support COVID-19 affected borrowers
Interest rate of the short-term loans for the SMEs is only 6.5 per cent per year and the rate for medium- and long-term loans is 8.5 per cent per year. Currently, the short-term lending rate averages at 7-9 per cent per year and 9-11 per cent per year for medium- and long-term loans. … [Read more...] about ACB introduces $1 million in loans to support COVID-19 affected borrowers
IMF, World Bank consider ‘virtual’ Spring Meetings as virus spreads
Central bank governors and other global finance officials sit for a group photo at the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, April 13, 2019 – PHOTO: REUTERS WASHINGTON (REUTERS) - Growing concerns inside the International Monetary Fund and the World Bank about the spread of the new coronavirus have prompted the institutions to consider scaling back their Spring Meetings in April or hold them by teleconference, people familiar with the discussions said on Wednesday. … [Read more...] about IMF, World Bank consider ‘virtual’ Spring Meetings as virus spreads
Fresh policies to foster private health funding
To increase access to healthcare, one of the key tasks for the health sector is to increase the ratio of beds per 10,000 people. It plans to continue to call for private businesses to join its efforts, thus raising the ratio to 26 in 2020, up from 23.56 in 2015, regardless of those at grassroots health facilities. Of the total, the threshold at privately-run health units is 2, up from 1.5 in 2015. … [Read more...] about Fresh policies to foster private health funding
BUSINESS NEWS HEADLINES FEB. 27
Nguyen Chi Thanh, Deputy Director of the Kien Giang Department of Tourism, said the number of tourist arrivals to Kien Giang will continue to decrease due to the COVID-19 outbreak. The province’s tourism sector is estimated to suffer a loss of 2.4 trillion VND (100 million USD) in revenue in the first quarter of this year. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 27
