Investment return calculator monthly

Exness to Sponsor Forbes Investment Conference in Ho Chi Minh City To complement the theme of Smart Money, Forbes has invited an array of financial experts as speakers at their event. Fund managers, digital asset pioneers, analysts, and real estate professionals will be sharing their knowledge and insights with conference participants. Exness will have a prominent presence at the Forbes Investment Conference as an official sponsor. At a dedicated booth, the multi-licensed broker will be showcasing its diverse range of trading products, optimal trading conditions, and global success. "It is very exciting to be sponsoring Forbes Vietnam’s first-ever Investment Conference," commented Dung Thai, Exness Commercial director for Vietnam. "Forbes is the leading media outlet in the financial industry and the event will create a one-of-a-kind environment for us to interact with hundreds of investors." "Stocks and digital assets are two of the investment areas that the conference will … [Read more...] about Exness to sponsor Forbes Investment Conference in Ho Chi Minh City

Deputy PM Vu Duc Dam According to a report of the Ministry of Planning and Investment, the total investment plan of State budget capital in 2022 assigned to ministries and central agencies subject to inspection and urging by Working Group 3 is VND12,019 billion (US$519 million). Up to now, agencies have allocated VND10,796 billion to projects and the remaining amount is VND1,223 billion. The estimated five-month disbursement by ministries and central agencies as of May 31 is about VND464 billion, reaching 3.86 percent of the 2022 plan, lower than the national average of 20.27 percent. At the meeting, leaders of ministries and central agencies said that in order to promote the disbursement of public investment capital, it is necessary to closely coordinate with local administrations in order to accelerate construction progress, site clearance as well as remove obstacles relating to land ownership and increased material prices. At the same time, each unit must actively review … [Read more...] about Disbursement of public investment capital key political task: Deputy PM

A woman shops for fresh fruits at a Winmart store in Ha Noi. — VNA/VNS Photo Tran Viet Domestic purchasing power has rebounded after a strong decline caused by the COVID-19 pandemic. That rebound has facilitated businesses to step up production and seize new opportunities, experts have said. The nation's total revenue from retail trade and services surpassed VND1.77 quadrillion (US$76.2 billion) in the first four months of 2022, up 6.5 per cent year-on-year, the latest report from the Ministry of Industry and Trade (MoIT) showed. In April alone, the revenue also saw a positive yearly rise of 12 per cent to over VND455 trillion, according to the report. These encouraging figures were attributable to abundant good supply and increasing purchasing power in the domestic market, the MoIT said, adding that goods retail sales saw a year-on-year hike of 7.6 per cent to over VND1.42 quadrillion in the four months. Of this, sales of food and foodstuff rose 13.2 per cent year-on-year … [Read more...] about Four-month purchasing power rebound facilitates business recovery

Prime Minister Pham Minh Chinh speaks at the conference (Photo: VNA) San Francisco - Prime Minister Pham Minh Chinh on May 17 (local time) attended a Vietnam-US trade, investment and tourism promotion conference themed ‘Rediscovering Vietnam’ in San Francisco. The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigon Tourists and Thien Minh Group – to boost the cooperation between enterprises of the two countries and to introduce Vietnam to US friends and partners. Addressing the event, PM Chinh highlighted the development of the Vietnam-US ties, benefiting both countries and contributing to peace, cooperation and development in the world. The Government leader affirmed that economic, investment, trade and science-education cooperation is an important pillar in the bilateral relationship. In the very challenging year of 2021 due to the COVID-19 pandemic, two-way trade still reached 112 billion USD, accounting for nearly … [Read more...] about PM urges US businesses to invest in tourism and trade in Vietnam

Prime Minister Phạm Minh Chính addressed the conference 'Rediscovering Việt Nam' held in San Francisco on May 17 (US time). — VNA/VNS Photo SAN FRANCISCO — Prime Minister Phạm Minh Chính on May 17 (local time) attended the US-Việt Nam trade, investment, and tourism promotion conference themed ‘Rediscovering Việt Nam’ in San Francisco. The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigontourist Group and Thiên Minh Group – to boost the cooperation between the enterprises of the two countries and to introduce the image of Việt Nam to US friends and partners. Addressing the event, PM Chính stressed Việt Nam’s consistent foreign policy of independence, self-reliance, diversification, multilateralisation, and commitment to be a good friend, a reliable partner, a responsible member of the international community; and the building of an independent and self-reliant economy associated with active, proactive, extensive international integration … [Read more...] about PM urged US businesses to invest in tourism and trade opportunities with Việt Nam after COVID-19

Prime Minister Pham Minh Chinh addressed the conference 'Rediscovering Viet Nam' held in San Francisco on May 17 (US time). — VNA/VNS Photo Prime Minister Pham Minh Chinh on May 17 (local time) attended the US-Viet Nam trade, investment, and tourism promotion conference themed ‘Rediscovering Viet Nam’ in San Francisco. The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigontourist Group and Thien Minh Group – to boost the cooperation between the enterprises of the two countries and to introduce the image of Viet Nam to US friends and partners. Addressing the event, PM Chinh stressed Viet Nam’s consistent foreign policy of independence, self-reliance, diversification, multilateralisation, and commitment to be a good friend, a reliable partner, a responsible member of the international community; and the building of an independent and self-reliant economy associated with active, proactive, extensive international integration with substance and … [Read more...] about PM urged US businesses to invest in tourism and trade opportunities with Viet Nam after COVID-19

Ba Chua Xu Temple has recently received a large number of visitors. After a temporary closure due to coronavirus for two consecutive years, Ba Chua Xu Temple Festival will return to the province from the 22nd – 27th of the fourth lunar month (on May 22-27), said Vice Chairman of the People’s Committee of Chau Doc City Tran Quoc Tuan. The biggest folk festival in the Mekong Delta will include a series of cultural and sports activities, such as a parade of the deity Ba Chua (known as Lady of the Realm), a washing rite, art performances and more. Organizations and individuals serving for the festival and visitors will be required to strictly comply with Covid-19 prevention and control measures and wear a mask during the event. The municipal government will take responsibility for ensuring social security, the smooth traffic, and safe operation of vehicles Ba Chua Xu Temple has recently received a large number of visitors, especially on weekends with more than 15,000 people … [Read more...] about Ba Chua Xu Temple Festival 2022 to return on national scale

Public-private partnership (PPP) is a mechanism and common practice to mobilise and encourage investment in areas promoted by governments. The main characteristic of such projects is that both private investors and public authorities share the risks and responsibilities in construction and operation. The public sector typically contributes only a small portion to these projects, with the private sector still in charge of construction and operation. The risks of these projects typically involve the phases of selection, approval, design, construction, financing, operation, and management phases. Over the years, Vietnam issued several decrees before the new Law on Public-Private Partnership Investment was promulgated in 2020 and took effect from January 2021. The law and accompanying decree guiding the implementation of the law have overcome and limited barriers to investment in the form of PPP, creating favourable conditions for such investment. PPP investment in health is one of … [Read more...] about Navigating legal challenges in healthcare partnerships

Mr. Mai speaks at the meeting (Photo: SGGP) On the afternoon of May 17, the Ho Chi Minh City National Assembly Delegation supervised the implementation of Resolution 54/2017 of the National Assembly on piloting specific mechanisms and policies for the city’s development and social economy in the first four months of the year and the benefits and solutions in the last months of 2022. Speaking at the meeting, Vice Chairman of Ho Chi Minh City People's Committee Vo Van Hoan emphasized that the city’s socio-economic situation in the first four months of 2022 has many bright spots. Importantly, the Covid-19 epidemic has been under control as from April 8 to now, the southern largest city has not recorded any deaths. The city's economy continued to rebound and recover strongly. In the first four months, the total state budget revenue reached more than VND186,000 billion, reaching more than 43 percent of the estimate. Regarding the implementation of the Resolution 54 , the … [Read more...] about HCMC petitions for specific mechanisms and policies to develop sustainably

Chairman of the Ho Chi Minh City People's Committee Phan Van Mai speaks at the conference (PHoto: SGGP) Speaking at the conference, Chairman of the Ho Chi Minh City People's Committee Phan Van Mai said that the disbursement progress has so far achieved 11 percent, which is lower than last year with 17 percent. He added that many units have had low disbursement rates; therefore, all units and investors must clearly define their responsibilities, review each project, and solve any problems to ensure progress, not accumulate at the end of the year. In order to speed up the progress of projects, Chairman Phan Van Mai asked the units to report in detail and analyze each project for solutions. Reporting at the conference, Director of Ho Chi Minh City Department of Planning and Investment Le Thi Huynh Mai said that most of the units with too low disbursement rates do have not much capital and are currently in the process of implementing procedures, so they have not completed the … [Read more...] about HCMC People’s Committee asks to remove difficulties, accelerate disbursement