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.
INITIAL MARGIN FOR DERIVATIVES TO RISE TO 17%
The Vietnam Securities Depository (VSD) has revised the cap for the initial margin for the VN30 index futures contracts to align with developments on the derivatives market. The VSD yesterday, December 12, raised the initial margin for futures contracts of the VND30 blue-chip index to 17% from 13%. The adjustment will take effect from December 15.
VIETNAM’S AUTO IMPORTS SHOOT UP IN NOVEMBER
The number of cars imported into Vietnam last month soared sharply, driven by the strong domestic demand.
Data from the General Department of Vietnam Customs showed the country imported over 22,700 completely-built-up (CBU) cars worth US$468 million in November, surging by 58.8% in volume and by 46.7% in value over October.
HCMC’S FOREIGN TRADE EXCEEDS US$100 BILLION IN JAN-NOV
HCMC’s foreign trade in the year to November had totaled US$101.6 billion, according to the General Department of Vietnam Customs. The gross regional domestic product of HCMC is expected to grow 9.03% over 2021, way above the target ranging between 6% to 6.5%.
PM CALLS FOR MEASURES TO STABILIZE VOLATILE BOND MARKET
The increase of investment flows into industrial zones in Son La province has helped boost modernized industrial development and created a driving force for local economic and social development. Mr. Bui Van Man, Director of Son La Industrial Zones Authority, gives an interview to Vietnam Business Forum's reporter on this content.
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
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.
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.
