MACROECONOMICS WEEKLY UPDATE

According to the Finance Minister of Vietnam bond issuers must fulfill payment commitments; finance ministry reiterates.Bond Issuers are solely responsible for redeeming their debts and investors must be aware that they are buying on their own risk.

Cost distortions cause reduced gasoline imports shortages across Vietnam gasoline shorlaze is caused by improper price managementmechanisms that have anted up Imports, Azuren Anac u0с Bao, nee rector of the University of Economics HCMCs College of Technology and Dessen, tells WnExpress.

VinFast considers US IPO in January Automaker VinFast is considering going public in the US , as soon as

January, seeking to relates its dream of becoming a global electric car producer 

Retail borrowers are struggling to pay interest on bank loans, which has jumped by o.5-1.2 percentage points this month alone to 11.5- 13%

INDUSTRY   

Prime minister  forms a multidisciplinary task force to resolve real estate woes. Prime Minister Pham Minh Chinh has directed the establishment of a task force aimed at helping businesses and localities resolve issues troubling real estate projects. Noting that many Laws relating to RE biz are under amendment and expected to be passed by NC by end of the year 2023

VIETNAM  INDEX UPDATE 

As seen there is a 25.15% Balance fast development in 2017 and when the pandemic began it reached to 29.79% Pandemic began. There is a 

3…% with Van Thinh Phat case + Bonds issue + International negative impact

Forecast: up to – 50%

4 potential industries from Yuanta Securities in terms of consumption, energy, banking and real estate . In general the Vietnam stock market is currently so volatile and unpredictable.