Global equities outlook 2018

The revision follows the blows taken by Vietnam’s economy from the pandemic, with a decade-low growth of 3.8 percent in the first quarter, and the State Bank of Vietnam having to cut its policy rates and directing banks to extend debt relief to affected borrowers. … [Read more...] about Fitch Ratings lowers outlook on five Vietnam banks

The adjustment of socio-economic targets is a big and unprecedented issue, because the targets set in the NA’s Resolution are concretised from the Resolution of the Party Central Committee. On the basis of the Government’s proposal, the decision on the adjustment of growth targets will be made by the competent levels, with the current political and legal bases taken into account. According to economic experts, the adjustment of GDP growth target and relevant macro targets in accordance with the new developments in the domestic and international socio-economic situations will create favourable conditions for the Government in its management work, towards realising the dual goal of successfully combating the pandemic and reviving the economy after the disease. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

With authorities recently warning individual investors about the risks of buying corporate bonds, the State Securities Commission of Vietnam could tighten regulations on their issuance this year in line with a government decree set to take effect next year, analysts of brokerage Mirae Asset Vietnam said in a report. … [Read more...] about Vietnam could tighten bond issuance this year: analysts

“Vietnamese policymakers should take it really seriously in this regard since finance is a sensitive sector. The new approach, though a bit cautious, is appropriate,” explained Nguyen Thi Thu Trang, director of the WTO Centre at the Vietnam Chamber of Commerce and Industry. The new move is slated to bring more consolidation in the banking sector, though it has also raised concerns of valuations and conflicts arising along the way. Some experts believe that private lenders such as Techcombank, ACB, HDBank, VIB, or VPBank, could be the most promising candidates. However, each has its own praiseworthy aspects and shortcomings. … [Read more...] about Upcoming EVFTA to fortify lenders

Vietnamese musicians have shared different views about plagiarism. Younger musicians tend to be more flexible. To DJ SlimV for instance, to judge whether somebody plagiarizes is complicated. A work has to be seen as a whole as well as in its details such as its melody and chord progression, and may require a jury to reach a conclusion. … [Read more...] about Vietnamese pop tarnished by plagiarism suspicions