Business News

According to Phương, in terms of the legal framework, the 2019 Securities Law, the 2020 Investment Law, the 2020 Law on Enterprises, and the documents guiding their enforcement have created optimal conditions for investment flows, facilitated access to information in English as well as registration and opening accounts of investors, and enhanced market transparency, thus gradually meeting the criteria for market upgrade.

The Ho Chi Minh City office market has shown signs of vibrancy in Q3 with the introduction of two new office buildings in Thu Thiem New Urban Area of Thu Duc City, spanning 85,000 square metres in total. The Mett and The Hallmark are both Grade A buildings in a convenient location only five minutes from Nguyen Hue Boulevard – the heart of Ho Chi Minh City – with green certificates. Both have achieved positive pre-commitment leasing results.

Vietnam’s maintaining the momentum of public investment will be crucial because it will rejuvenate economic activities, generate employment, and enhance domestic consumption, said ADB Country Director for Vietnam Shantanu Chakraborty.

Digital data has been an important and crucial part of development for 23 years. In digital transformation, digital data is increasingly recognised as having a clearer and more important role. This is reflected in the fact that we have chosen 2023 as the year of national digital data, promoting digital transformation in all industries, at all levels, and among all-people on a national scale.

According to CBRE Vietnam, a real estate service provider, the two office buildings, which are of Grade A, are located in a convenient location close to the central area and obtain green certificates. It signals that new office buildings with high standards in favourable locations still attract the attention of businesses, especially multinational companies, CBRE said, adding that due to new supply, the total floor space of offices in the city has reached approximately 1.6 million sq.m.

Textile producers see recycling as the go-to solution to the environmental woes in the industry, but they are facing some obstacles to turning waste into value. Hứa Phú Doãn, Deputy Director of the Việt Nam Waste Recycling Association, underlined several obstacles in the way of producers trying to recycle waste.

Vietnam established a steering committee, led by Deputy Prime Minister Le Minh Khai, on October 6 to guide the development of a new international financial hub, underscoring its ambition to elevate its global financial stature.

During a bank-business connectivity meeting in Thái Nguyên Province on Wednesday, Deputy Governor Phạm Thanh Hà revealed that as of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.