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Sacombank in tough battle against bad debt ratio

Sacombank in tough battle against bad debt ratio

Sacombank's bad debt ratio was reduced to a little over three per cent, which is considered the safety limit, in less than two years.

Is vietnam the promised land for start-up companies?

“Creative startups” is certainly a shortcut to robust economic growth for any countries. The supportive attitude for start-up companies rapidly prevails across Vietnam, as numerous policies and campaigns aiding start-up companies have been framed and implemented. However, apart from that attitude, decisive actions should be promptly taken to actually turn Vietnam into the Promised Land for start-up enterprises.

Private business faces challenge to borrow loans

With the fact that the state budget is facing many difficulties, Vietnam will be no longer receive preferential ODA funds from July 2017, foreign investors also reduce capital flows, encouraging investment from the private sector is promoted. The development of the private sector is a "survival" challenge for Vietnam in the near future.

It is necessary to connect many resources to develop the private economy

The General Department of Statistics figures show that small and medium enterprises currently account for more than 97% of total operating enterprises, contributing about 40% of GDP, 31% of exports, 29% of state budget and create jobs for more than 5 million labours. However, the reality that small and medium enterprises "died prematurely", has revealed many limitations in management capacity, lack of capital, small and insufficient competition ... in the process of integration.

Vietnamese retail market: Uncompromising competition

Recently, “giant retailer" 7-Eleven officially opened its first store in Ho Chi Minh City, forecasting that the Vietnamese retail market will continue to have fierce competition in the future.

Vietnamese enterprises in the storm of merger and acquisition

Although many policymakers and economists have offered solutions to oppose against the “storm” of M&A acquisitions, many companies are struggling even in the home market. Domestic brands use a variety of solutions, such as changing business strategies, making long-term competition in the market, etc., but the majorities acknowledge that branding is difficult while protection and development of local brands is becoming more difficult, nearly alone in the fight against the “storm” of M & A.

Lam Dong: Sustainable development, pioneering integration

Leveraging its inherent potentials and strengths, Lam Dong province strives to fulfill the set targets, maximizing internal resources, especially the policy of developing and promoting the brand of agricultural products, products processed from agroforestry; strengthening and promoting tourism as well as trade to expand domestic and foreign markets.

How can Vietnam's auto industry participate in the global supply chain?

According to Vietnam Business Forum (VBF), the priority is to increase the size of the market to ensure that the car industry will be maintained in the future.

VCCI to publish Report on the conditional business lines and business conditions

The business law system of Vietnam has recently made positive changes, creating a favorable business environment for enterprises. However, besides these positive moves, the legal system still exists many "barriers" that make the realization of "business freedom" meet many challenges.

Auto firms ask to lower component import taxes

High import taxes on auto components and parts, packaging and logistics expenses are major reasons behind locally-assembled cars costing 10-20 per cent higher than imports from Thailand and Indonesia.

Vietnam’s employers, unions fight again over wage increase

Businesses started with a low offer of 5 percent while the labor federation insisted on 13.3 percent.

Stock indexes
936.74 3.35 0.36
Volume: 208,558,830 Value: 4,715.6 (Billions VNĐ)
106.3 -1.32 -1.22
Volume: 44,445,725 Value: 608.44 (Billions VNĐ)
50.26 -0.29 -0.57
Volume: 19,872,362 Value: 261.72 (Billions VNĐ)
931.31 4.81 0.52
Volume: 64,550,220 Value: 2,188.28 (Billions VNĐ)