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Da Nang works to enhance capacity of financial management and administration for businesses

By DA NANG Today / DA NANG Today
December 19, 2023, 17:53 [GMT+7]

The Business Support Centre under the Da Nang Department of Planning and Investment is organising a training programme themed ‘Macroeconomics in 2024 and Solutions for capital and financial management of Da Nang enterprises’ on December 19 and 20.

Dr. Can Van Luc speaking at the event. Photo: THANH LAN
Dr. Can Van Luc speaking at the event. Photo: THANH LAN

Accordingly, Dr. Can Van Luc who is a member of the National Advisory Council for Monetary Policies, along with leading speakers and experts in the financial field provided local businesses with the economic picture of the world, Viet Nam and Da Nang in 2023-2024.

Also, opportunities and challenges for businesses; interest rate and exchange rate trends 2023-2024; and a number of government-issued policies and mechanisms to support markets and businesses, are introduced to the participants.

The programm also focuses on analysing in depth a number of issues related to corporate finance such as assessing corporate health through financial indicators; difficulties in raising capital and how to overcome them; and debt management and cash flow in business activities.

Experts expect a brighter future for the country’s economy in 2024. In particular, the beginning of recovery in the stock and real estate markets; and low interest rates will create conditions for businesses to access capital, and fiscal policies to operate effectively.

It is expected that the fourth boom of foreign investment in Viet Nam might be in the making, which is a huge opportunity for businesses and the economy.

Reporting by THANH LAN - Translating by M.DUNG

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