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
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Consumers risk higher defaults amid lending sector fluctuation
Furthermore, the risk from sour loans are substantial. Although lenders are much stronger now since they have built up capital under acute regulatory scrutiny such as Basel II, many are still wondering if the buffers will be big enough. Specifically, some lenders, such as Agribank, Kien Long Bank, and Viet Capital Bank, are still nowhere to be found in the Basel II race. … [Read more...] about Consumers risk higher defaults amid lending sector fluctuation
High-quality programs at many universities enroll sub-par students
The State Audit, when working with the Ministry of Education and Training (MOET), named a number of schools which enroll students of low quality for high-quality training programs. That is why all schools run high-quality training programs and other programs to ‘satisfy diverse demands in society’. … [Read more...] about High-quality programs at many universities enroll sub-par students
Despite good harvest, salt farmers battered by low prices
Low selling price Bac Lieu Province has two districts engaged in the salt farming industry, namely Dong Hai and Hoa Binh. Ben Tre has Ba Tri District with more than 1,020 hereditary salt-farming households in four communes, consisting of Bao Thuan, Bao Thanh, Tan Thuy, and An Thuy, with a total area of 850 hectares. The salt farming area in Bao Thuan and Bao Thanh communes alone accounts for 600 hectares. These are also the two communes recognized by Ben Tre Province as salt making villages. Mr. Tran Van To, a farmer in Bao Thanh Commune, said that his family has been following the salt-making industry for a long time. The initial cost for his 6,000 square meters of salt evaporation ponds is a few million Vietnamese dongs. However, the price of salt at the end of the crop is merely at VND25,000-VND28,000 per bushel that is not enough to make up for the cost for hiring workers to carry salt from the ponds to the shore which costs VND6,000 per bushel. Thanks to severe hot weather, the … [Read more...] about Despite good harvest, salt farmers battered by low prices
Vietnam hailed for good economy, stable politics: Japanese business executive
Tokyo (VNA) - Vietnam is a potential and emerging market, with low risks, good economy and stable politics, Eto Shinji, General Manager of Japanese building product distributor JUTEC Corporation’s Overseas Business Department, has said. “That's why we decided to go there. That was in 2015,” he noted in an interview granted to the Vietnam News Agency’s correspondent in Tokyo recently. According to him, at first, his company tried to sell Japanese building materials in the Vietnamese market. But unfortunately, the way of building houses in Vietnam is totally different from Japan’s one, and thus, building materials used in Vietnam are totally different from those used in Japan. “We had tried to sell our products to those who have special technical knowledge of Japan, but it was not easy. As a result, we changed our mindset to adapt to the market and then, decided to enter its real estate market because we thought that there is a close link between … [Read more...] about Vietnam hailed for good economy, stable politics: Japanese business executive
