Statistics from the Foreign Investment Agency showed that Vietnamese enterprises have expanded their outbound investments across 14 sectors. The wholesale and retail sector took the lead with 26 new investment projects and six projects involving capital adjustments, accounting for 36.1% of the total outbound investment capital.
Under the strategy for deposit insurance development until 2025, with a vision towards 2030, the Government aims to ensure 45 per cent of depositors understand the core contents of the deposit insurance policy by 2025 and raise this percentage to 50 by 2030.
As stipulated in Circular 08/2020/TT-NHNN, both Vietnamese banks and foreign bank branches in Việt Nam are required to reduce the maximum ratio of short-term capital for medium and long-term loans to 30 per cent as of October 1, 2023.
On September 22, three months after the signing of a comprehensive business agreement in Seoul city of South Korea on eco-friendly, high-tech material between SKC Group and Haiphong People’s Committee, the group’s representatives were present in the northern port city to receive an investment registration certificate for $500 million.
Disbursement of public investment capital reached VND363.3 trillion (US$15.3 billion) in the first three quarters this year, accounting for 51.38 percent of the whole-year volume, Deputy Minister of Planning and Investment Tran Quoc Phuong told reporters on Thursday.
Vietnam’s total import and export value reached US$436.44 billion in the reporting period, a decrease of US$64.21 billion in value from the same period in 2022. The export value of fruits and vegetables rose 61.8% year on year to US$3.55 billion, including US$464.47 million in August, up 14.8% from the previous month.
GDP in the third quarter is estimated to have increased by 5.33 per cent on-year, the lowest growth seen since before 2011, apart from the pandemic years of 2020 and 2021. However, this is seen as positive when compared to the growth of 2023's previous quarters, 3.28 per cent in the first, and 4.05 per cent in the second.
On September 22, Vietnam Report unveiled its annual list of the Top 10 Credible Retail Companies for 2023. The rankings, reflected an industry grappling with significant challenges of considerable interest to investors and stakeholders.