Concerns over 'cheap money' on stock market

Concerns over 'cheap money' on stock market

Recently, the cash flow has poured massively into the stock, gold, and real estate markets. Investors call this phenomenon cheap money, but it also raises concerns over inflation for the economy.
Thu Duc City committed to maximum support for businesses

Thu Duc City committed to maximum support for businesses

Secretary of the Thu Duc City Party Committee Nguyen Van Hieu said that Thu Duc City will organize a channel, possibly a business association, to connect leaders of Thu Duc City and businesses for listening to businesspersons’ opinions about difficulties so that Thu Duc City authority can help them promptly solve.

HCMC extends disbursement of third support package

HCMC extends disbursement of third support package

Director of the Ho Chi Minh City Department of Labor, Invalids, and Social Affairs Le Minh Tan, on the afternoon of October 22, said that because more than 1.5 million people had not yet received financial support of the third Covid-19 relief package, the city decided to extend disbursement until October 31. 
Commercial banks ask for more mechanisms to support interest rate cut

Commercial banks ask for more mechanisms to support interest rate cut

Although the State Bank of Vietnam (SBV) has had the policy to reduce interest rates and extend the repayment period to support enterprises in the restoration of production and business activities, many commercial banks said that there should be more mechanisms for implementation.
The automotive market offers many promotions to attract customers. (Photo: SGGP)

Credit accelerates prior to Lunar New Year

Banks have launched several preferential credit packages to stimulate demand for business capital and spending to take advantage of the peak business and shopping season at the end of the lunar year.

 

Production at a garment company in Ho Chi Minh City. (Photo: SGGP)

Support packages need to be activated quickly

The results of the survey on the business situation of enterprises in August this year by the Ho Chi Minh City Union of Business Association show that 40 percent of enterprises said that there are still many difficulties in recovering production and business activities after the Covid- 19 pandemic, 44 percent still face difficulties, 9 percent have started to overcome difficulties, and 5 percent have returned to a normal operational state.
Poultry egg production at Vinh Thanh Dat Company. (Photo: SGGP)

Enterprises speed up to complete this year’s revenue plans

There are more than three months left until the end of 2020 with too many fluctuations and impacts caused by the Covid-19 pandemic. To complete the annual revenue plan, most enterprises choose the plan to increase promotion, reduce the prices of goods to stimulate consumer demand, while minimizing costs to retain employees.