High yield low risk investments

SHB’s loans to small- and medium-sized enterprises in Vietnam, which made up for 31 per cent of gross loans at the end of 2019, will pose renewed asset risk since these groups are short of financial buffers to withstand revenue shocks. VPBank’s is also feeling growing pressure from the quality of its loans to sectors at-risk such as export and tourism-related firms, Moody’s cautioned. … [Read more...] about Consumers risk higher defaults amid lending sector fluctuation

Comprised of over 700,000 businesses of various sizes, the private economic sector last year ultimately made up approximately 42% of the country’s gross domestic product and employed up to 80% of the national labour force. Indeed, many private investors such as Sungroup, Vingroup, and BRG have been able to develop well-known brands in a market that is largely associated with large projects through utilising modern technology in both production and business. … [Read more...] about Vietnam strives to effectively attract private investment

Vietnam is expected to see a new foreign direct investment (FDI) wave as more foreign companies plan to move investment into the country. The US-China trade has triggered the trend of shifting production lines from China to Southeast Asia and other markets, including Vietnam which was seen as a promising destination. Meanwhile, many countries are fighting against the Covid-19 pandemic while Vietnam has basically controlled the disease, while maintaining its economic growth momentum. Pegatron, Amazon and Home Depot have started recruiting and seeking to open new supply chains with Vietnam being among potential markets.Other US giants like Google and Microsoft have announced their plans to relocate their production facilities of new phones, personal computers and some other devices from China to Southeast Asia with factories in Vietnam and Thailand expected to be the beneficiaries, the Nikkei Asian Review reported.Microsoft is scheduled to start producing its Surface line, including … [Read more...] about More giant foreign firms plan to shift investment into Vietnam

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

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