It’s time to look at the Vietnamese market, says US executive

Roger Cranville, vice president for global marketing of the Pittsburgh Regional Alliance in the US, has encouraged US entrepreneurs to explore investment opportunities in Vietnam – a fast growing economy in Asia.

Gov’t to help businesses boost exports

The Ministry of Industry and Trade will focus on helping businesses boost exports and overcome the economic recession, a top official said. Speaking on Thursday at a meeting held in HCM City, Deputy Minister of Industry and Trade Nguyen Thanh Bien also urged other ministries and agencies to assist businesses in increasing exports of key products like garments, footwear, and agricultural and fishery items.

Government to issue bonds denominated in US dollars

The Government will issue bonds denominated in US dollars to fund key national projects and help offset the State budget deficit, it was announced Friday. Decision 211/QD-TTg, signed by Prime Minister Nguyen Tan Dung, directs the Ministry of Finance to determine the amount of money to be raised in each phase of the bond issue, based on capital requirements.

Experts suggest VND devaluation

An exchange rate policy, which leans towards the devaluation of the local currency against the dollar in accordance with the currency value decrease in the world, proves to be the best choice for Vietnam in 2009, experts say.

Viet Nam eyes foreign investors to revive local real estate market

Dang Hung Vo, former deputy minister of Natural Resources and Environment, spoke with Kinh Te & Do Thi (Economy & Urban Affairs) newspaper about how to take advantage of foreign real estate investors.

Market slumps on gloomy outlook

The VN-Index dropped for four consecutive days last week, as investor worries deepened about increasingly gloomy economic conditions and the business prospects for listed companies.

Businesses applaud interest rate subsidy, but still feel uneasy

Enterprises said that they still have a lot of things to worry about, even though they can enjoy a 4% interest rate subsidy.

Asia Bond Monitor

The Government’s stimulus package will help strongly expand Viet Nam’s bond market this year, forecasts the latest edition of the Asian Development Bank’s Asia Bond Monitor.

EU hints at FTA with Vietnam

The European Union is looking to sign a separate free trade agreement with Vietnam after experiencing a slow progress in negotiating a region-to-region free trade deal with ASEAN.

Banks’ liquidity not problem anymore: VNBA

On September 25, banks took the first steps to slash lending interest rates as the central bank decided to keep the basic interest rate at 14% per annum and raise interest rates on compulsory reserves from 3.6% to 5%. Duong Thu Huong, Secretary General of the Vietnam Banking Association, talks about lending interest rates in the time to come.

Disclaimer:
The information given in this section of the MVFM’s website is for your reference only. The information is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. MVFM has constructed the website with information obtained from sources it believes to be reliable but which has not independently verified; MVFM makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the author only and are subject to change without notice.

Poll

In your opinion, what would be the most important factor for the VN-Index to rebounce




Vote 
Hit counter:  1600352
People online: 39