- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: [email protected]
Update news capital
Motorbike manufacturers have got numbed on the information that the government of Vietnam would restrict the number of motorbikes in circulation.
Doubts have been raised whether if the VND30 trillion package can save the sinking real estate market. VND30 trillion is believed to be just a “grain of salt in the ocean.”
Local authorities all stated they would allocate budgets for building medical waste incinerators. However, medical waste still has not been treated.
MPI believes that it’s not the right time to apply the decentralization mechanism in licensing foreign direct investment (FDI) projects.
A lot of projects with the estimated investment capital of tens or hundreds of billions of dong have been proposed, while people have to think twice before spending any dong.
The Enterprise Law and relating laws stipulate that enterprises must not use the same names registered before by other enterprises. However, it does not mention how to punish the violators.
If the State Capital Investment Corporation (SCIC) only does the simple work of depositing the state’s money at banks for profit, it would be better for it to get dissolved.
The government would have to come forward to make payment for the debts incurred by state owned enterprises (SOEs), which would be a threat to the national economy.
Analysts have warned about the possible oversupply of shares when a series of equitized enterprises would make IPO.
Deposit interests and dividends were the two main sources of income for the State Capital Investment Corporation (SCIC).
A lot of venture investment funds have been set up in Vietnam. However, due to many reasons, the venture funds still cannot make adventurous investments as per their nature.
While tens of thousand of businesses went bankrupted, a lot of others still can earn big money with small scaled business.
Unable to access bank loans, businesses have to play tricks to seek loans from other different sources.
A lot of Vietnamese businessmen now plan to march towards Myanmar, an emerging potential market.
Improper investment, capital, and technology policies have prevented the mechanical industry from reaching its set targets over the past ten years.
The Ministry of Information and Communication (MIC) is thinking of a special mechanism which encourage domestic firms develop Internet services such as social networks or search engines.
VietNamNet Bridge – While the real estate market gets frozen, multi-million dollar villas still can be sold well. It’s now the right time for the “big guys” to buy luxurious villas, as they have become cheaper than ever.
Observes have commented that the unsettled big problems would put a heavy burden on the Governor of the State Bank--Nguyen Van Binh on the next year of his term.
The lack of investment capital and gloomy domestic market have brought golden opportunities to foreign investors to buy real estate projects for knock-down prices.
Unlike 2012, commercial banks now can easily mobilize capital from the public. However, the capital flow has got stuck, because banks cannot push up lending.