Tag: corporate competitiveness

After years of restructuring efforts that failed to yield effective results, the Shipbuilding Industry Corporation (SBIC, formerly known as Vinashin) and several of its key subsidiaries have officially been placed into bankruptcy proceedings by the court due to their inability to meet financial obligations.

Finance Minister Nguyen Van Thang announced that key institutional and judicial framework tasks have been completed on schedule, laying the groundwork for the International Financial Center to commence full operations by 2026.

Vietnam's economy is poised for a robust acceleration, fueled by synchronized policy pillars and easing exchange rate pressures. However, VinaCapital experts caution investors about potential headwinds from rising interest rates and liquidity strains, which could erode bank net interest margins (NIM).