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VIETNAM MONTHLY STATISTICAL DATA

INFOGRAPHIC SOCIAL-ECONOMIC SITUATION IN NOVEMBER OF 2023

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

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VIETNAM ECONOMY INVESTMENT

VIETNAMESE FIRMS SHOULD BE CAUTIOUS TO AVOID FRAUD IN INTERNATIONAL TRADE

Vietnamese firms should use additional caution to avoid increasingly sophisticated scams in international trade, Deputy Director of the Việt Nam Trade Promotion Agency Hoàn Minh Chiến said. The Ministry of Industry and Trade cited statistics that scams in the global market cost enterprises an estimated five per cent of revenue per year, with damages averaging US$1.7 million per case.

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PROPERTY / INDUSTRIAL ZONE

DELAY OF LAND LAW PUTS ISSUES INTO SPOTLIGHT

The National Assembly last week decided to postpone the approval of the draft revised Land Law until the next session in 2024 because many provisions remain controversial and unclear.

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VIETNAM ECONOMY INVESTMENT

HAI DUONG LIGHTS THE WAY TO FACILITATE INVESTORS FROM AFAR

The northern province of Hai Duong currently has thousands of hectares of clean available land for foreign-invested enterprises, which Japanese groups in particular are interested in.

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BANKING / FINANCE / INSURANCE / TAX

POSITIVE SIGNS IN VIETNAM'S GREEN CREDIT SECTOR

'Green credit' refers to the kinds of loans provided by banks for projects that are considered environmentally friendly or protective of the ecosystem. Green credit is now a trend in the global banking and finance industry, and more Vietnamese banks are following suit.

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MEMBER CORNER / PROMOTIONS

THE CANVAS RESTAURANT – DELIGHTFUL SEAFOOD BUFFET

Immerse in the festive atmosphere that is approaching with excitement filling. Once again, LOTTE HOTEL SAIGON and travellers farewell to the old year and welcome a vibrant new beginning with a multitude of offers:

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BANKING / FINANCE / INSURANCE / TAX

BANKS INCREASE CAPITAL THROUGH PAYING DIVIDENDS IN SHARES

Many large banks are implementing plans to issue shares to pay dividends in the last months of this year. The move is aimed to increase charter capital, improve financial strength, meet the State Bank of Vietnam (SBV)’s capital safety regulations and expand operating scale.

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PROPERTY / INDUSTRIAL ZONE

INDUSTRIAL ARENA BLOOMS WITH ACTIVITY

On November 10, BW Industrial Development JSC started construction on Vinh Loc 2, a double-story warehouse in the Mekong Delta province of Long An, its ninth project this year. The facility is set to be completed by the end of 2024 within Vinh Loc 2 Industrial Park (IP).


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