Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy
Economy
Female-founded companies will save our economy. Here’s why
I remember sitting in a grocery store parking lot practicing deep breathing to stave off a panic attack. I was concerned because I knew what was coming. I felt pain for the millions of people who would be affected coupled with an obligation to do something about it. I felt like Timothy Geithner’s character in Too Big to Fail. I was watching the world in slow motion knowing that the economy was going to crater in a matter of weeks and how miserable the fallout would be, especially for women and female founders. … [Read more...] about Female-founded companies will save our economy. Here’s why
1.22 crore Kisan Credit Cards sanctioned with credit limit of Rs 1,02,065 crore
As, dairy is among the fastest growing sectors of the economy with a CAGR of above 6% in the last 5 years, providing short term credit to dairy farmers for meeting their requirements for working capital, marketing etc. will boost their productivity tremendously. … [Read more...] about 1.22 crore Kisan Credit Cards sanctioned with credit limit of Rs 1,02,065 crore
Consumer Prices Decline for 1st Time
The biggest decline was in agricultural produce, which plummeted 7.3 percent. Prices of vegetables alone plunged 17.8 percent thanks to a bumper harvest as well as a comparison with exceptionally high prices last summer. Prices of oil products also fell 6.6 percent due to plummeting international oil prices. … [Read more...] about Consumer Prices Decline for 1st Time
Falling Consumer Prices Signal Deflation
The government said a drop in prices of agricultural produce and the scrapping of tuition fees for high schoolers were the main causes and projected prices will stay flat till the end of the year. … [Read more...] about Falling Consumer Prices Signal Deflation