Finance

Prospects for credit growth and exchange rates will create favourable conditions for non-bank corporate bonds to recover in the final months of this year, analysts forecast.

Pre-tax profit of parent companies of 19 corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC) is estimated to reach 50.36 trillion VND (2.08 billion USD) in the first nine months of the year.

Mr. Kojima Kazunobu, Chief Advisor of JICA, said that Vietnam needs to make more efforts in developing the stock market in both quality and quantity to become a potential market

VCN - On behalf of the Government, Deputy Prime Minister and Minister of Finance Ho Duc Phoc signed and approved a report to the National Assembly before the 8th Session on investment, management and use of state capital in enterprises nationwide in 2023.

VCN - The State Treasury (KBNN) has announced the plan to auction of VND128,000 billion of government bonds in Quarter 4, 2024, including the issuance volume for Vietnam Social Security.

The State Bank of Vietnam (SBV) has launched a programme offering low-interest loans to farmers to serve sustainable rice production in the Mekong Delta.

VCN - The State Treasury (KBNN) is continuing to maintain the stable operation of payment systems within the KBNN system and payments with banking systems to ensure smooth, timely and safe operations.

Vietnam’s property sector remains vulnerable to money laundering with the risks high in the sector, according to the latest report by the State Bank of Vietnam (SBV).

The Vietnam-Australia Financial Policy Dialogue 2024 was held by the Vietnamese Ministry of Finance and the Australian Treasury on October 9-10.

The VN-Index ended the week with impressive gains. However, analysts remain cautious about the sharp decline in liquidity and raise concerns about the sustainability of this upward momentum.