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VIETNAM ECONOMY INVESTMENT

INTELLASIA FINANCE & BUSINESS NEWS - DECEMBER 06, 2022

1. Vietnam firms cut foreign currency loans
2. Restructuring to boost M&A in banking industry
3. Undervalued banks winning bet for investors
4. Slower consumption and prospect of growth in 2023
5. Vietnam's Rail Network: Slow Train Headed for Fast-Track?
----and more news

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VIETNAM ECONOMY INVESTMENT

CPTPP STILL HOLDS UNTAPPED POTENTIAL FOR VIETNAMESE BUSINESSES

There is still a lot of untapped potential for Vietnamese businesses in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) three years after it went into effect, said policymakers and industry experts during an online conference in Hà Nội on Thursday.

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VIETNAM ECONOMY INVESTMENT

VIETNAM’S DRAFT E-TRANSACTION LAW AND THE HIGHLIGHTS WITHIN

The current Vietnamese Law on E-transactions 2005 is based upon the model Law on E-Commerce, which is outdated, and its terms are difficult to apply in practice. Meanwhile, e-commerce transactions are increasingly developing due to changing user demands and habits since the COVID-19 pandemic.

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VIETNAM ECONOMY INVESTMENT

GOVERNMENT TO DIVEST 141 STATE-OWNED ENTERPRISES BY 2025

Deputy Prime Minister Le Minh Khai has signed a decision on the plan to reorganise state-owned enterprises with state capital for the 2022-2025 period. The decision was made after a lull of equitisation and divestment over the past three years due to the impacts of the pandemic.

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VIETNAM ECONOMY INVESTMENT

98% OF INVESTMENT ATTRACTION PLAN IN 10 MONTHS

According to the report by Vinh Phuc Industrial Park Authority, in 10 months of 2022, industrial parks (IPs) in the province attracted 21 new FDI projects and 28 capital increases for a total investment capital of US$292.6 million, reaching 98% of the year plan. The province attracted 14 new DDI projects, with a total registered capital of VND2,261.58 billion, reaching 323% of the plan in 2022.

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VIETNAM ECONOMY INVESTMENT

VIETNAM’S TRADE VALUE NEARS US$650 BLN AS OF NOV 15

Vietnam's export value totaled US$326.68 billion in the year to November 15, representing a year-on-year growth of 14.83% or an addition of US$42.2 billion, compared to US$284.48 billion in the same period of 2021).

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VIETNAM ECONOMY INVESTMENT

FDI EXCEEDS 25.1 BILLION USD IN 11 MONTHS OF 2022

The foreign direct investment (FDI) in the first 11 months of this year exceeded 25.1 billion USD, according to the Ministry of Planning and Investment.

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VIETNAM ECONOMY INVESTMENT

BOOSTING LABOUR PRODUCTIVITY KEY TO ECONOMIC DEVELOPMENT

Economists urged policymakers to regularly conduct comprehensive reviews and studies of the current systems to identify shortcomings and limitations and quickly address them to help improve the quality of the Vietnamese labour force.


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