Mr. Tran Van Lau, Chairman of the People's Committee of Soc Trang Province, on May 16, said that the province had been urgently taking action to resolve difficulties and problems in wind power projects in the area.
Many individual investors lost their money when the stock market dropped sharply in April this year. This has led to an analysis of the workings of securities companies, and ways to bring about more transparency in their dealings.
Prime Minister Pham Minh Chinh, on the afternoon of April 22, chaired a conference on developing a safe, transparent, efficient, and sustainable capital market to stabilize the macro-economy and ensure major balances of the economy.
The recent arrest of Trinh Van Quyet, Chairman of the Board of Directors of the FLC Group, for manipulation of the stock market, has not deterred most investors.
While the South and East of HCMC have strongly developed, the city's Northwestern area has not yet developed its potential and advantages. The municipal government has called for investment in projects in Cu Chi and Hoc Mon in the region to turn the area into a modern ecology city.
Ho Chi Minh City authorities are currently consulting experts and investors on the establishment of a Vietnam International Finance Corporation (IFC) to promote its growth as the economic hub of the country.
Vietnamese shares plunged on Friday as the spread of the Omicron coronavirus variant dampened investor sentiment, triggering worries about hits to a nascent economic recovery.
According a survey made by DKRA Vietnam Joint Stock Company (DKRA Vietnam), the housing market in Southern provinces saw a marked decline in the third quarter of this year. Enterprises in HCMC and neighboring provinces recently offered two projects selling 118 land plots but only 28 pieces were bought.