Pre-tax profits for the same group of 900 companies have risen a collective 9.1% to $2.3 trillion. Gearing, a measure of debt relative to shareholder finance, hit a record 59% in 2019, while the proportion of profit devoted to servicing interest payments also rose to a new high. … [Read more...] about Coronavirus bringing record $1 trillion of new global corporate debt in 2020: report
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VIETNAM’S BUSINESS NEWS HEADLINES JULY 13
On the same note, Bui Xuan Cuong, head of Ho Chi Minh City’s Management Authority for Urban Railways (MAUR) said that the 19.7km Ben Thanh-Suoi Tien line has reached 73.5 per cent completion, and the figure will reach 85 per cent by the end of this year. A total of 84.3 per cent of the work for the line’s Component 2 – the elevated sections and depots – has been finished. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 13
Việt Nam to commercialise 5G in October
Nguyễn Vũ Hà, VHT’s general director, said the design and production of 5G chips under the Viettel brand would be an important step in its journey to master all technologies related to 5G. In addition, Viettel is also determined to research, design and manufacture 'Make in Viet Nam' chips. … [Read more...] about Việt Nam to commercialise 5G in October
Foreign capital funds find ways to enter Vietnamese retail market
An economic needs test is a procedure whereby foreign-invested companies in the distribution sector, which are allowed to provide commission agency services, wholesale and retail for all products manufactured in Việt Nam and legally imported into the country, must be met when establishing retail outlets. — VNS … [Read more...] about Foreign capital funds find ways to enter Vietnamese retail market
