Illustrative photo.

New reforms needed for full digitization

(SGI) - There is a fast-growing trend across the world to digitalize the entire global financial and banking systems. Digitalization is being believed to be a great driver of economic growth. 
Illustrative photo.

Current monetary policy quite suitable

(SGI) - Many people are concerned whether the country will face a tighter monetary policy and higher exchange and interest rates in the near future. 
Illustrative photo.

New decree tightens rules for bonds issuance

(SGI) - Corporate bond issuance for enterprises has become more tightly regulated after Decree 65/2022/ND-CP of the Government came into effect from 16 September 2022.  
Illustrative photo.

Securities under pressure from external risks

(SGI) - Although the US Federal Reserve (FED) raised the interest rate in the hope of reducing inflationary pressure, it has come as a shock to see a rise in the core US inflation data, despite falling oil prices. At present Vietnam's macro data continues to be positive but the domestic stock market is reeling from external variables.
Illustrative photo.

Lack of orders plaguing export enterprises

(SGI) - During the fourth quarter of every year most of the export companies in Vietnam find the need to step up pace in order to meet the increased demand in orders from major import markets such as the US and the European Union. 
Illustrative photo.

Uncertainties delaying Electrical Power Plan

(SGI) - There needs to be an urgency in the production of electrical energy in Vietnam, with an impending shortage of water at hydropower plants, and solar energy and wind energy not receiving sufficient investments. 
Illustrative photo.

Vietnam must develop offshore wind power energy

(SGI) - Climate change and greenhouse gas emissions from manufacturing units are making it difficult for Vietnam to meet the millennium goal of ensuring economic development in a sustainable environment.
Illustrative photo.

Obstacles in disbursement of support package

(SGI) - The State Bank of Vietnam has announced adjustment of credit limit for 2022 for fifteen commercial banks by 1% to 4%, and at the same time requested banks to step up disbursement of the 2% interest rate support package as per Decree 31/2022/ND-CP. 
Illustrative photo.

Banks forcing compulsory insurance on customers

(SGI) - Commercial Banks with limited credit room have agreed to work for insurance companies and are now forcing customers to buy compulsory insurance before they can receive loans.