Biz Directory
| 1. Kinh Bac Corp. Category: Commercial Property City: Bac Ninh Image: |
| 2. TBS Group Category: Clothing and Accessories City: Binh Duong Image: |
| 3. Digiworld Corp. Category: Computer Hardware City: Ho Chi Minh Image: |
| 4. REE Corp. Category: Manufacturing City: Ho Chi Minh Image: |
| 5. Hanaka Group. Category: Manufacturing City: Bac Ninh Image: |
| 6. Phu Tai JSC. Category: Manufacturing City: Quy Nhon, Binh Dinh Image: |
Immediate and long-term strategies on building sustainable financial structures were examined at a seminar held in Ho Chi Minh City by the Investment Bridge Magazine.
At the seminar, business leaders, bankers and economic experts agreed that over the past decade, loosening credit and easier lending policies have made businesses dependent on bank loans.
As a result, the corporate finance structure has not been strong enough to cope with economic difficulties.
Nguyen Xuan Thanh, Director of Public Policy of the Fulbright Economics Programme, pointed out the shortcomings of the structure which, he said, have led to the risk of bankruptcy and use of a financial black market, now worth trillions of VND.
Nguyen Nam Son, member of the board of directors of Thien Viet Stock Company, highlighted the spread of investment in the real estate market.
He suggested real estate companies restructure their management and focus their finances on core business.
Economic experts also introduced safe solutions to help businesses withdraw from real estate to minimise losses.
Source: VOV News
| < Prev | Next > |
|---|
» Too demanding, foreign university graduates cannot find decent jobs
» Foreign businesses struggle with complicated admin procedures
» Foreign businesses struggle with complicated admin procedures
Latest Category Posts
- Developing countries to get bigger share of investments: World Bank
- Rates, risk keys to micro-finance
- Lending over 4 months up 2.1%
- Asset management body to be set up in bid to tackle debt
- Banking sector needs to embrace IT innovation
- Banks catch up with new technologies, services
- Deposit interest rates go down, where the money goes to then?
- Gov’t asks for reduction of interest rate gap
- Bank powers electricity project
- Viet Nam to gain from trade flow shift
Random Category Picks
- State Bank's lower floor price on gold bars ensures auction success
- Vietnam pays heavy price for uncontrolled gold mobilization
- SBV to be grilled over gold market management
- Sacombank strikes share debt deal with founder
- Blue chips lift shares on both exchanges
- Viet Nam to gain from trade flow shift
Popular Category Posts
- 12 percent credit growth rate proves to be unattainable
- Vietnam considers loosening foreign currency management policy
- Central bank sends signal about exchange rate policy in 2013
- New credit limits ‘are likely'
- Cbank announces corrections on banking system data
- Gold market to have new big supply
- SBV trades non-SJC gold, commercial banks make fat profit
- Bad debt ratio decrease raises worry than joy
- Banks favour Government bonds
- Gold bidding mechanism not a miracle drug
- Credit institution investment rules to be tightened
- Ceiling interest rate reduction put banks in a stir and a jumble
- Banks see increase in outstanding loans
- Banks move ahead with M&A plans
- In troubled times, banks find reason for slight optimism
- Growing CPI threatens share trade volumes
- Banks provide loans to buy rice reserves
- Ministry outlines plan to develop bond market
- Central bank extends gold policy
- Interest rates down, cash flow gets stuck



















