The ministry has made public a draft decree to amend several points of the Decree 163/2018/ND-CP about corporate bond issuance for comments, which included amendments of conditions for corporate bond issuance, rates, issuance approach in domestic and international markets, information disclosure and reporting mechanism. … [Read more...] about Ministry eyes tightening corporate bond issuance amid market’s overheating
Unfavourable global financial and monetary market
“The dong remained one of the most stable currencies in the region despite geopolitical uncertainties and economic events at home and abroad,” said Ngo Dang Khoa, country director of foreign exchange and capital market at HSBC Vietnam. “The exchange rate between the U.S dollar and the dong stayed almost unchanged throughout most of 2019, and the dong even appreciated against the greenback when the State Bank of Vietnam (SBV) took the initiative to lower the buying price in late November.” … [Read more...] about Peacetime in sight for the dong
The second factor relates to external financial conditions. In 2020, central bankers across the globe are likely to keep their monetary policies the same as those pursued in late 2019. In such a context, continuous draconian cuts on interest rates may be out of the question. Conversely, there is a very low possibility that central banks will hike these rates. The U.S. Federal Reserve has said it will retain its rate at 1.5%-1.75% in 2020. However, if the U.S. growth falls much deeper than expected, at around 2%, Fed may reconsider its decision as it has considerably bigger leeway to do so than its counterparts in the EU and Japan have. … [Read more...] about Not too many macro fluctuations expected for 2020
However, the fierce competition with imported vehicles, especially those from other member countries of the Association of Southeast Asian Nations (ASEAN) such as Thailand and Indonesia as well as members of free trade agreements which Vietnam has joined will boost Vietnam’s auto import revenue. … [Read more...] about Customers to be centre of auto industry
A reader nicknamed Ly Thong commented: "The price is same but the quality gap is too big. You don’t need to be a genius to know what movie ticket you should buy." … [Read more...] about Should Vietnam’s film industry be protected?