IMPORT-EXPORT VALUE REACHES US$65.98 BILLION IN AUG 2022
Vietnam’s total merchandise import and export value was US$65.98 billion in August 2022, up 7.9% or US$4.84 billion from the previous month, said the General Department of Vietnam Customs. Specifically, the export value was US$34.92 billion, up 14.1% or US$4.31 billion and the import value was US$31.06 billion, up 1.7% or US$526 million.
EU KEEN TO CEMENT OBLIGATIONS IN EVFTA
Vietnam and the EU are increasing trade and investment ties backed by a bilateral free trade agreement, with the EU committing to assist in deployment of the deal despite current geopolitical tensions.
CHANGES IN REGULATIONS TO STRENGTHEN PRIVATE PLACEMENT BONDS
Decree 65/2022/NĐ-CP amends and supplements a number of articles of Decree 153/2020/NĐ-CP dated December 31, 2020 on offering and trading private placement bonds in the domestic market and offering corporate bonds to the international market.
STANDING COMMITTEE DISCUSS AMENDED LAW ON COOPERATIVES
In his presentation at the conference, Minister of Planning and Investment Nguyễn Chí Dũng said that amending and supplementing the Law on Cooperatives aimed to create a favourable legal system for cooperative economic development.
OFFICIAL POINTS OUT RISKS TO CPI DURING YEAR-END PERIOD
Though inflation was under control in the past eight months, the economy still poses risk to the consumer price index (CPI) in the remaining months of this year and next year, said Director General of the General Statistics Office of Việt Nam (GSO) Nguyễn Thị Hương.
BLOCKCHAIN GOING MAINSTREAM - HYPE OR REALITY?
Blockchain technology is being adopted by governments and companies around the world, but there are still some challenges for blockchain to go mainstream in Việt Nam, including limited interoperability, security concerns and lack of regulations, experts have said.
HIGH-TECH FDI DRIVES VIETNAM’S ECONOMIC EVOLUTION
Vietnam’s economic growth has been accelerating this year, and so the World Bank (WB), International Monetary Fund (IMF) and others have sharply revised up their GDP growth forecasts for the country, with an increasing number of economists now expecting it to exceed 8% this year. This has prompted investors to ask what is different in Vietnam and why.
MOF CLARIFIES LAW ON PRIZE ELECTRONIC GAMES FOR FOREIGNERS
Circular No. 39/2022/TT-BTC guides the implementation of Decree No. 121/2021/ND-CP and stipulates the appraisal fee for the grant and extension of business certificates at VND150 million (US$6,428), while that for the re-grant and adjustment stands at $5 million.
