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%.
VNA RESUMES AIR SERVICE TO HONG KONG
Vietnam Airlines (VNA) has reopened regular flights between the capital city of Hanoi and Hong Kong to meet the high travel demand. The national flag carrier will operate two weekly flights on the Hanoi-Hong Kong route on Wednesdays and Sundays. The frequency will be increased to three flights per week on Mondays, Wednesdays and Sundays from December 26.
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.
WlLLING TO ACCEPT INTERNSHIP (ECONOMICS/LOGISTICS) 4TH YEAR STUDENTS IN FEB-MAR 2023
In Feb & Mar, 2023 In 2022, Hutech University wishes to send internship to businesses. These are all final year students with many different majors.
INTELLASIA FINANCE & BUSINESS NEWS - DECEMBER 12, 2022
1. Loosening monetary policy welcome amid credit crunch
2. Prime minister asks EIB for preferential loans
3. Vietnam has the 6th bank to complete Basel III
4. Vietnam maintains appeal despite economic headwinds
5. Digital tech product exports forecast at $136 billion
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VIETNAM TENDERS DAILY- DECEMBER 12, 2022
1. Pure water filter system supply
2. Handheld measurement equipment supply
3. Technical materials supply
4. Air conditioner supply and installation
5. Security camera system supply
----and more news
