Business News

The current Vietnamese Law on E-transactions 2005 is based upon the model Law on E-Commerce, which is outdated, and its terms are difficult to apply in practice.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.

Deputy Prime Minister Le Minh Khai has signed a decision on the plan to reorganise state-owned enterprises with state capital for the 2022-2025 period. The decision was made after a lull of equitisation and divestment over the past three years due to the impacts of the pandemic.

According to the report by Vinh Phuc Industrial Park Authority, in 10 months of 2022, industrial parks (IPs) in the province attracted 21 new FDI projects and 28 capital increases for a total investment capital of US$292.6 million, reaching 98% of the year plan. The province attracted 14 new DDI projects, with a total registered capital of VND2,261.58 billion, reaching 323% of the plan in 2022.

The National Single Window (NSW) has brought about positive changes in the settlement time of administrative procedures. However, changes are varied among procedures and there are no major breakthroughs in simplifying administrative procedures and reducing costs for businesses.

Vietnam's export value totaled US$326.68 billion in the year to November 15, representing a year-on-year growth of 14.83% or an addition of US$42.2 billion, compared to US$284.48 billion in the same period of 2021).

1. Bank deposit interest rates still climb continuously
2. Banks cannot avoid NIM deterioration
3. Solutions outlined to speed up public spending
4. Vietnam-Laos trade up 28.3pct in 10 months
5. Vietnam's draft e-transaction law and the highlights within
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1. Steam exhaust system supply installation
2. Consumable parts for electrical equipment supply
3. Bottom ash additive supply
4. Phosphorus slag supply
5. General materials supply
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1. Enterprises expect policies to unlock credit flow
2. Ministry of Finance orders bond issuers to pay off debt
3. Making a breakthrough in the digital banking transformation
4. Trillion deal stirs bancassurance market
5. HCM City eyes 8pct growth in 2022
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