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There remains a lack of competence when it comes to handling debt in Vietnam, with the proliferation of black credit serving as the most prominent example, according to economist Can Van Luc.
More companies reported delaying paying principal and interest on bonds in the second quarter, with a total outstanding payment of nearly 24.3 trillion VND (1.02 billion USD) due, according to a report on corporate bonds from MBS Research.
While the public investment spending rate in the first half of the year was much better than the same period last year, some transport infrastructure projects were still implemented too slowly compared to the set plan.
(Bloomberg) -- A month or so ago, Vietnam’s central bankers were rushing to ease monetary policy, sometimes within hours of the political leadership asking for an interest-rate cut. Not anymore. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly Military OperationsUPS Union Asks Biden Not to Intervene in Case of
Renewable energy investors are being assured that national policy and electricity purchase prices are both secure and lucrative.