Positive developments are underway in the real estate market, yet prior setbacks are impeding the recovery progress of businesses, particularly concerning bonds.
While real estate bond issuance value has recovered year-on-year, its proportion of total issuances has ped sharply - from nearly 55 per cent in the first half of 2023 to just 25 per cent in the first half of 2023.
They are considering share issuance as a means to raise funds for debt restructuring and debt repayment. In addition to private offerings, the majority of these businesses aim to mobilise capital from existing shareholders.
There are several weak CIs in the Vietnamese banking system that are being put under special control and have to undergo restructuring as per the request of the Government. Three of them are Ocean Bank, GPBank and CBbank, which the...
Deputy Prime Minister Lê Minh Khái stressed the importance of quick, effective resolution and better-coordinated efforts by governmental bodies. To successfully restructure DQS, a clear and result-driven plan must be prepared, which possibly requires special mechanisms.
In the 2021-25 period, the Government expects total State budget revenue to reach more than VNĐ8.4 quadrillion, equal to 101 per cent of the plan and the rate of State budget revenue to be about 16.4 per cent of GDP.
The mobilisation of external and domestic resources for sustainable socio-economic development is an urgent goal for Viet Nam, said Minister of Foreign Affairs Bui Thanh Son.
Phan Duc Hieu, a standing member of the National Assembly’s Economic Committee, shares his view on Viet Nam’s economic restructuring plan for the 2021-25 period in the Economic Focus programme of Vietnam News Agency Television.
Experts have suggested the Government, the Ministry of Industry and Trade, the Ministry of Finance and localities need to think more carefully about the plan to jointly restructure the NSRP to reduce the adverse impact of the plant’s production problems...