“New path” for small and micro enterprises to access capital

“New path” for small and micro enterprises to access capital

VCN - In particular, the United Nations has identified financial inclusion as an important solution to achieve 7/17 sustainable development goals by 2030. To date, more than 80 countries in the world have being implemented national financial inclusion str
Public investment spending up 1.8% in first 10 months of 2024

Public investment spending up 1.8% in first 10 months of 2024

Public investment from Vietnam’s state budget saw steady growth in the first ten months of 2024, reaching 64.3% of the annual target—an increase of 1.8% compared to the same period last year.
Vietnam

Vietnam's economy is recovering well

VCN - According to Dr. Nguyen Quoc Viet, Deputy Director of the Vietnam Institute for Economic and Policy Research (VEPR), by the end of the third quarter of this year, Vietnam's economy had recovered relatively well amid optimism about the overall growth
State Treasury to auction VND128,000 billion of government bonds in Q4/2024

State Treasury to auction VND128,000 billion of government bonds in Q4/2024

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.
Accelerate implementation of solutions to disburse public investment capital

Accelerate implementation of solutions to disburse public investment capital

VCN - Facing the impact of storm No. 3 on economic growth, many experts continue to believe that public investment will play a key role in economic recovery and growth for the entire year of 2024. However, there is only one quarter left until the end of 2
Regulations on capital owner

Regulations on capital owner's representative agency at enterprises need to be specified

VCN – The identification of capital owner's representative under the draft Law on Management and Management of State Capital at Enterprises is considered to overcome shortcomings of the current law, thereby better exercising the rights and responsibilities of the capital owner's representative for the state-owned enterprises.
Reviewing policies when state-owned enterprises are not profitable

Reviewing policies when state-owned enterprises are not profitable

VCN - Because funding for electricity supply goals, Vietnam Electricity Group (EVN) is not yet profitable, the EVN’s representative proposed that the draft Law on State Capital Management and Investment in Enterprises should take into account separate pol
Resolutely recover advanced capital, increase efficiency of public investment

Resolutely recover advanced capital, increase efficiency of public investment

VCN - As of January 31, 2024, the amount of overdue advances from the state budget of ministries, central and local agencies is still relatively large, about 7,454 billion VND (of which, ministries and central agencies are about 1,279 billion VND, localit
Lack of “locomotives” leading high-tech agricultural enterprises

Lack of “locomotives” leading high-tech agricultural enterprises

VCN - Vietnam currently has only about 50 enterprises recognized as “high-tech agricultural enterprises”, less than 300 agricultural enterprises applying high technology. These are modest numbers in the context of Vietnamese agricultural products needing
Public investment disbursement in 7 months lower than same period last year

Public investment disbursement in 7 months lower than same period last year

VCN - According to a report from the Ministry of Finance, the estimated disbursement rate of public investment capital in 2024 of the whole country by the end of July will reach 32.22% of the total plan, lower than the same period in 2023 and some ministr
Prioritize resources and promptly supplement capital for policy credit

Prioritize resources and promptly supplement capital for policy credit

VCN - According to the VBSP, by the end of June, total policy credit capital rose 7.6% year-on-year to VND 372,723 billion, including entrusted capital from the local budget at VND46,929 billion, an increase of VND7,755 billion, accounting for 12.6%.
Solutions to establish a green ecosystem in the logistics industry

Solutions to establish a green ecosystem in the logistics industry

VCN - In the current context, if the criteria to "green" the logistics industry are not quickly implemented, in the future, businesses will face many difficulties and gradually be "eliminated" from business, domestic trade and global import and export. Mr
Build a flexible mechanism and "reinforce" governance for state-owned enterprises

Build a flexible mechanism and "reinforce" governance for state-owned enterprises

VCN - State-owned enterprises (SOEs) always need flexible and responsive operating mechanisms as well as adequate legal corridors to remove bottlenecks and free up resources for SOEs in socio-economic development
Multiple tasks directed by the Government to stimulate growth and control inflation

Multiple tasks directed by the Government to stimulate growth and control inflation

VCN - The government recently issued Resolution No. 93/NQ-CP concerning the principal tasks and solutions for fostering growth, controlling inflation, and stabilizing the macroeconomy.
Ensuring balance of capital sources and deposit interest rates amidst rising credit trend

Ensuring balance of capital sources and deposit interest rates amidst rising credit trend

VCN - Since early May, many banks have continued to increase deposit interest rates to ensure a balance of capital sources in the context of a rapid increase in credit.
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