VIETNAM BUSINESS NEWS MAY 19 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
19/05/2021 10:50 GMT+7
Foodstuff prices rise, pose inflation threat
A supermarket in HCM City. With the costs of materials needed for foodstuffs rising, businesses are finding ways to cut costs so that they can keep prices steady. Photo nhandan.com.vn
Prices of foodstuffs have been increasing due to rising costs of raw materials.
Do Van Khuol, supply director of Saigon Food Company, said the cost of both domestically sourced and imported inputs have risen, including those of rice and seafood, whose output has fallen.
VIETNAM BUSINESS NEWS MAY 17 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
17/05/2021 10:34 GMT+7
Stock market might not have more room to rise: experts
The Viet Nam National Petroleum Group (Petrolimex) s gasoline station. The company shares posted a gain of 8.1 per cent in market capitalisation last week. Photo petrolimex.com.vn
The market hit new highs last week with the liquidity exceeding VND1 billion each session. Analysts from securities firms expect strong and stable investment cash flows will continue to elevate the market this week, but it might not have more room to rise higher.
Higher risk of default from solar power investment 09:12 | 16/03/2021
Higher risk of default from solar power investment
With high expectations for escalating profit margin rates and multiple tax incentives, scores of firms have rushed into solar power project investments in the past few years. These companies commonly use high financial leverage tools as up to 70-80 per cent of their capital sources come from loans and enterprise bonds.
According to a recent report by SSI Research, the bond value mobilised for solar power projects climbed to VND29.9 trillion ($1.3 billion) in 2020, a 254 per cent jump on-year.
In terms of credit sources, by the end of 2020, banks had poured VND84 trillion ($3.65 billion) into renewable energies, mostly lending to solar power projects.