defining sustainable development in banking and finance

Defining sustainable development in banking and finance

What truly defines sustainable development in the banking and finance sector? This question lacks a simple answer.
striving to become an international financial centre

Striving to become an international financial centre

After many years of waiting, Thu Thiem 2 Bridge was opened to the public in late April. Also at the same time, the final details of the scheme for the development of Ho Chi Minh City into an international financial centre are being fixed before the scheme can be submitted to Politburo for consideration and approval.
considering the implications of fiscal reformations

Considering the implications of fiscal reformations

To cope with the ongoing pandemic, the central banks of many nations have significantly expanded their balance sheets by using non-traditional monetary policies by increasing money for purchasing government bonds and even corporate bonds. Meanwhile, the People’s Bank of China (PBoC) has limited balance sheet expansion but used an effective monetary policy for the Chinese economy.
existential crisis bearing down on ho chi minh city

Existential crisis bearing down on Ho Chi Minh City

The COVID-19 pandemic is one of the worst human health and economic crises. In Vietnam, it has hurt tens of millions of families, both physically and mentally. Ho Chi Minh City, which is home to migrant workers across the country and a major contributor to Vietnam’s GDP, is suffering under the severe impact. The municipality has decided to add another month of social distancing until September 15 and vulnerable groups, especially low-middle workers, may be suffering from severe mental trauma, hunger, and exhaustion.
rebooting through targeted measures

Rebooting through targeted measures

While rich countries are actively debating the need for big action with unprecedented fiscal stimulus packages to fight COVID-19, emerging countries are also trying to promote structural reforms. Professor Dr. Tran Ngoc Tho from the Ho Chi Minh City Economics University outlines what needs to be done in order to keep up with inevitable developments.
averting the risks of possible deflation

Averting the risks of possible deflation

The world is seeing numerous monetary stimulation packages applied by nations to support businesses suffering during the pandemic – however, too much money with too few goods could mean high inflation.
what opportunities is the us china trade war likely to bring for vietnam

What opportunities is the US–China trade war likely to bring for Vietnam?

Trade war between the US and China have escalated, causing concerns about a negative impact on the world economy. Professor Tran Ngoc Tho from the University of Economics Ho Chi Minh City discusses how Vietnam is likely to be affected and how the country can take advantage of opportunities from the movements of goods and capital inflows from impacted countries.
right approach necessary for private sector to drive vietnamese economy

Right approach necessary for private sector to drive Vietnamese economy

The best approach to grow the Vietnamese economy is to create a level playing field in all sectors. For the private sector to become a driver of the economy, several macro- and microeconomic preconditions need to be met.
towards completing vietnams legal framework on ppp

Towards completing vietnam’s legal framework on ppp

Public-Private Partnerships (“PPP”) have become one of the most important instruments of economic policy in Vietnam. The Vietnamese Government recently published the new Draft Regulations on Public-Private Partnership Investment Form (the “Draft”), which was earmarked as an amendment to the current Decree No. 108/2009/ND-CP and Decision No. 71/2010/QD-TTg on PPP investment.
danang desperate for hotel investors

Danang desperate for hotel investors

Danang authorities are courting new hotel investors, but few deals have been clinched and there are fears development slump is on the way.
ocean park high on wave of office sites to hit hanoi

Ocean Park high on wave of office sites to hit Hanoi

THE largest building in recent years is set to go on Hanoi’s office lease market along with a number of smaller properties, all of them developed by local investors.
15m haiphong project to woo chinese tourists

$15m Haiphong project to woo Chinese tourists

CONSTRUCTION has begun on a $15-million beachside hotel and resort in the port city of Haiphong, the first large-scale tourism project licensed by the city since the Asian economic crisis of 1997.
giant manor saigon project takes shape

Giant Manor Saigon project takes shape

PRIVATE company Bitexco has began construction of the Manor Saigon, reportedly the biggest and most luxurious Vietnamese-built apartment, hotel and office complex in Ho Chi Minh City.
tiki ceo tran ngoc thai son steps down casting shadows over ipo plan

Tiki CEO Tran Ngoc Thai Son steps down, casting shadows over IPO plan

According to a report by DealstreetAsia, Tran Ngoc Thai Son, CEO and co-founder of Tiki, has tendered his resignation to the company's Board of Directors.
indorama netherlands to acquire ngoc nghia plastics

Indorama Netherlands to acquire Ngoc Nghia Plastics

Indorama Netherlands B.V. (IVL) announced plans to buy Ngoc Nghia Plastics JSC, a leading enterprise in the plastic packaging industry.