Want to be in the loop?
subscribe to
our notification
Business News
INTELLASIA FINANCE & BUSINESS NEWS - DECEMBER 2, 2020
FINANCE
Reference exchange rate remains unchanged on December 2
Banks rush to stimulate demand for personal credit
Social media payment apps test Vietnamese waters
Are newly listed bank stocks welcomed in the market?
Sacombank launches biggest promotion of the year
ACB hard to growth
VPBank issues ESOP, and the Board of Management can buy nearly half
Vietcombank may increase its equity capital by 19pct to 23pct after the private placement
HD Saison earns nearly VND3 billion of profit per day
Generali Vietnam relief plan launched in central region
Storms, flooding disrupt Vietnam's manufacturing sector in November
Stars align for bounty in foreign investment
Annual textile and garment exports down for first time 25 years
Catfish exporters suffer due to China's Covid-19 inspection control
Freight and logistics stocks on the rise despite pandemic
Govt should streamline real estate laws, focus on social housing: conference
Stability created with new health e-portal
Disbursement of Hanoi public funds hits nearly 90% of target
Connecting the dots for sustainability
It's time to grow social impact businesses in Vietnam
Digital transformation accelerates online sales target of $35 billion
Foreign-invested projects kicked into higher gear
Experts seek ways for sustainable, transparent real estate market
Developers' commitment to Vietnam illustrating strengths
HCM City affordable housing supply plunges
SOE managers receive VND151 million a month, just half of market level.
Vietnam becomes top pick for Singaporean firms
Can Tho, Australia enhance partnership in education, infrastructure
Vietnam seeks Netherlands assistance in agricultural transformation plan
Jackpot within reach for keen Japanese investors
BIZ NEWS
Strong cash flow helps stock market rebound
Shares recover on improved liquidity and foreign net-selling
Vietnam's markets likely touched by US presidency
VDSC successfully raises over VND 865.5 billion from bonds
TTC Sugar to issue $30 million of unsecured bonds
Drastic measures urged to curb rise in plastic usage
Civil aviation agency could empty cash reserves for new airport
Technology transformation needed for cleaner production
Awards bestowed during Vietnam M&A Forum 2020
Golden Brand Awards launched in HCM City
Foreign firm proposes stopping new coal-fired thermal power projects
Korean cars find few takers in Southeast Asia, sustained by Vietnam market
Mekong Delta flower growers hustle for Tet preparation
Vietnam wins at World Travel Awards 2020
If frozen for longer, tourism industry will be unable to survive: WTTC
Vietnam aviation industry needs more 3 years to recover
Vietnam starts new flight payment plan for returnees
Thai Vietjet launches new route, giving away promotional tickets
VND10-trillion anti-flooding project on verge of suspension
Thai WHA Corp eyes two businesses in Vietnam
Viettel becomes the first 5G carrier in Vietnam
PNJ honoured with National Brand winner for 12 consecutive years
Online forum introduces potential of Halal food
Int'l sourcing expo Vietnam slated for December 18-22 targeting Australia
Vietnamese firms attend international food expo in Algeria
Please click here for details: Finance Vietnam News - December 2, 2020
Related News
ONE-TIME OFFER: COMPLEMENTARY CATHAY PACIFIC LOUNGE PASS
Begin your trip on the right note in Cathay Pacific’s first-ever ferry lounge, located at Shenzhen’s Shekou Cruise home port. Situated at the end of the pier, the ferry lounge offers a breathtaking 270-degree view of the sea. You can immerse yourself in sheer luxury and revel in the panoramic beauty. Catch a glimpse of Hong Kong in the distance.
VIỆT NAM TARGETS FULL MOBILE BROADBAND COVERAGE ON HIGHWAYS, INDUSTRIAL ZONES BY 2025
By 2025, Việt Nam aims to achieve one hundred per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of Việt Nam’s mobile telecommunications network by 2025, which has been approved by the Ministry of Information and Communications (MIC).
VIETNAM ONE OF FASTEST-GROWING E-COMMERCE MARKETS IN SOUTHEAST ASIA
The report released on July 16 highlighted that the total GMV of Southeast Asia’s eight leading e-commerce platforms rose to $114.6 billion in 2023, up 15 per cent from 2022. The key drivers for the region's e-commerce GMV expansion in 2023 are Vietnam and Thailand, growing 52.9 per cent and 34.1 per cent on-year, respectively.
2025 PIVOTAL FOR STOCK MARKET UPGRADE EFFORT
The Ministry of Finance (MoF) is expected to soon publish the entire content of the draft circular amending and supplementing four circulars on transactions, registration, depository, and clearing, as well as operations of securities companies and information disclosure. This move, along with feedback and explanations, aims to meet the criteria for upgrading Vietnam’s stock market.
VIETNAM INTENSIFIES E-COMMERCE TAX SCRUTINY
The department plans to offer guidance for and hold direct dialogues with e-commerce taxpayers to ensure compliance. Efforts will also include updating the e-commerce database, conducting risk analysis, and leveraging artificial intelligence (AI) to manage data and issue alerts.
FOOTWEAR EXPORTS SEEN REACHING US$27 BILLION THIS YEAR
This optimistic forecast reflects the industry’s efforts to expand and diversify its markets. Lefaso indicated that Vietnam’s footwear sector will concentrate on traditional markets like the U.S. and the European Union, alongside markets with free trade agreements to maximize opportunities.