Exchange rate eases after July peak
The Vietnamese dong has strengthened against the U.S. dollar after hitting a peak in late July, with the exchange rate now at its lowest level in several months.
The Vietnamese dong has strengthened against the U.S. dollar after hitting a peak in late July, with the exchange rate now at its lowest level in several months.
A prominent issue for many Vietnamese businesses concerns the proposed narrowing of the 0 per cent VAT rate for export services.
Currency and interest rate fluctuations have had a detrimental impact on garment and textile exports.
According to Dragon Capital, the issuance of bonds this time is considered a necessary measure to moderate exchange rate fluctuations, rather than indicating a shift in monetary policy.
HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.
More competitive land cost as well as lower occupancy rate are making emerging industrial areas in surrounding provinces become more attractive to investors and developers.
DEG has agreed to pour $28 million in exchange for a number of preferred stocks issued by Vietnam’s Thanh Thanh Cong Bien Hoa JSC (TTCSugar).
Masan Group is going to trade its MeatLife’s shares on the local stock exchange in 2019 and targeting at getting all of its subsidiaries on the board of stock by 2023 in a bid to maximise its shareholders’ benefits.
New projects achieve high sold rate of over 80 per cent of launched units, despite price increase.
When opportunities in the local stock exchange become limited, investors are turning their eye onto startups and early-stage companies, who are fortunately blessed with supportive factors to grow bold with the nation.
Hoteliers in Khanh Hoa province are reducing room rates as they have been facing with a glut of rooms that leads to lower occupancy.
Being the first media company in Vietnam to be listed on the stock exchange, Yeah1 has made the largest successful divestment deal ever when VinaCapital got the return up to $127 million from its only $3 million investment in Yeah1.
2018 witnessed the comprehensive success of Vietnam's economy when all 12 socio-economic criteria have been fulfilled and many new records have been set.
Vietnamese people now must pay for about 40 per cent of health services, a very high rate, causing about 700-800 thousand households to fall into poverty each year, according to a senior Oxfam expert.