Vietnam is one of the best long-term growth stories in Asia and is one of the most preferred frontier markets, according to HSBC. There is a long list of reasons why the bank remains positive on the country’s equity market.
The State Bank of Vietnam was considering changing the roadmap for adjusting the ratio of short-term funds used for medium and long-term loans, with the aim that banks could lower lending costs and provide preferential rates to aid post-pandemic recovery.
Despite their attractiveness to high-yield investors, corporate bonds have also drawn scrutiny for their vulnerabilities, exposing investors to many types of risks.
The consumer price index (CPI) is projected to increase by between 3.5 percent and 4 percent this year, according to experts at a seminar held in Hanoi on July 2nd, which focused on national market and price movements in H1 and forecasts for the whole year.
Vietnam’s efforts to accelerate public investment have gained strong momentum, laying firm groundwork for the country to boost economic growth.
With the rising market competition continuing to exert pressure on consumer finance’s profitability in Vietnam, industry insiders have urged local authorities to develop a legal framework to avoid fraud and monetary crimes, and protect investors.