Author Archives: Tommy

Banking, real estate not ideal options for short-term investors

By the end of this year, oil and gas, transportation, insurance, retail, and hydropower sectors will see positive signals, while the banking and real estate sectors are not ideal options for short-term investment, said experts from DNSE Securities Company. Experts from DNSE Securities Joint Stock Company said that the Fed continued to increase the US …

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Real estate transactions should be performed on trading floors: MoC

The Ministry of Construction (MoC) has proposed that real estate projects must sell their products on real estate trading floors, according to the draft amending the Law on Real Estate Business. The ministry has also suggested that individuals engaged in brokerage activities must have a practising certificate. Deputy Minister of Construction Nguyen Van Sinh said …

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Vietnam’s 9-month budget revenue equals 94% of year’s target

This year’s budget revenue could exceed the target of VND1,410 trillion ($59 billion). Vietnam’s budget revenue during the first nine months of 2022 stood at VND1,330 trillion (US$55.7 billion), up 22% year on year, and equivalent to 94% of the year’s estimate. The Ministry of Finance (MoF) revealed the figures at a press conference on …

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VN-Index likely to hit the peak of 1,535 points again in March: Yuanta

In its latest market report, Yuanta Securities Vietnam said that the country’s economic background in February showed a positive recovery momentum. Although registered FDI capital in the first two months of the year decreased slightly, the prospects are good for the coming months. Trade activities and industrial production maintained last year’s growth momentum amid the …

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China’s Slowdown Poses Threat for Global Recovery: Eco Week

(Bloomberg) — China’s V-shaped economic rebound is fading faster than expected, catching analysts off guard and posing a new headwind for the already uneven global recovery. Most Read from Bloomberg Biden Plan Funds New Bridges That Locals May Not Want Amazon Sued Over Crashes by Drivers Rushing to Make Deliveries Hong Kong’s New Museum Tries …

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Bitcoin’s biggest upgrade in four years just happened – here’s what changes

The first bitcoin upgrade in four years has just gone live. It is a rare moment of consensus among stakeholders, and it’s a big deal for the world’s most popular cryptocurrency.  The Taproot update means greater transaction privacy and efficiency – and crucially, it will unlock the potential for smart contracts, which can be used …

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Vietnam economy recovering, contraction bottoms out: WB

The Vietnamese economy is actively recovering with a rebound in industrial production and retail sales, continued trade surplus and stabilized credit growth, a World Bank (WB) update says. The update released Friday says the country faced challenges in restarting the economy after prolonged social distancing periods, but the contraction has bottomed out. With HCMC and …

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Real Estate eye digital technology to raise capital

Digital technology for raising capital for real estate projects is quite new but will provide many opportunities for investors. However, an appropriate legal framework is required for this purpose to cover the interests of concerned parties. Some experts shared different ideas and opinions on this issue at a conference in Ho Chi Minh City held …

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