Number of new businesses in Vietnam up 7% in Q1

Number of new businesses in Vietnam up 7% in Q1

Vietnam’s General Statistics Office (GSO) estimates 36,200 new businesses entered the market in Q1/2024, up 6.9% year-on-year.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

SCIC to become investment entity with leading equity in Vietnam

SCIC to become investment entity with leading equity in Vietnam

The State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, should become the top financial investment organization with leading equity scale in Vietnam after 2025.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam business community weakening: economist

Vietnam business community weakening: economist

The Vietnamese business community is weakening, with 15,000 companies leaving the market every month and their financial capabilities waning, said Dr. Vu Tien Loc, a member of the National Assembly’s Economic Committee and president of the Vietnam International Arbitration Center (VIAC).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam enterprises should learn to “dance” through storms: official

Vietnam enterprises should learn to “dance” through storms: official

Vietnamese businesses need to learn to "dance" through storms, said Dr. Vu Tien Loc, a member of the National Assembly’s Economic Committee and president of the Vietnam International Arbitration Center (VIAC).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

State investment firm about to divest from 73 companies in Vietnam

State investment firm about to divest from 73 companies in Vietnam

Vietnam's State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, announced it would divest from 73 businesses in its first phase for 2023.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Debt deferment needed to ease capital thirst: economists

Debt deferment needed to ease capital thirst: economists

A national debt deferment program is needed to ease businesses’ current thirst for capital, helping them recover and maintain operations as well as carry out reinvestment activities within the next one to two years, said economists.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Volatile stock market sees Vietnamese firms exit billion-dollar club

Volatile stock market sees Vietnamese firms exit billion-dollar club

Many large-cap Vietnamese enterprises have been forced to leave the billion-dollar club due to stock market volatility.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Shinhan Bank launches SOHO loan package for small businesses 

Shinhan Bank launches SOHO loan package for small businesses 

Shinhan Bank Vietnam has introduced a new loan product for business households, private enterprises, and micro businesses to finance their short-term working capital demand and mid to long-term expansion.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7