Legal system development can help innovative startups (07/12/2023)
The innovation ecosystem in Vietnam has experienced strong developments in recent years thanks to special attention from Party and state leaders. The country’s investment sources for innovative startups have continued to increase.
The innovation ecosystem in Vietnam has experienced strong developments in recent years thanks to special attention from Party and state leaders. The country’s investment sources for innovative startups have continued to increase.
Policy ecosystem the answer for cutting-edge startups (07/12/2023)
While Vietnam’s environment for the development of the innovation startup ecosystem is becoming more favourable, full legal and policy corridors are in need to help them take off.
While Vietnam’s environment for the development of the innovation startup ecosystem is becoming more favourable, full legal and policy corridors are in need to help them take off.
Vietnam to post faster growth over other countries in 2023: CIEM (07/12/2023)
Vietnam may record a GDP growth rate of 5.19% in 2023, lower than the 8.02% expansion last year but still higher than many other countries in the region and the world, the Central Institute for Economic Management (CIEM) predicted.
Vietnam may record a GDP growth rate of 5.19% in 2023, lower than the 8.02% expansion last year but still higher than many other countries in the region and the world, the Central Institute for Economic Management (CIEM) predicted.
Ample room remains for HCM City - St. Petersburg cooperation: Forum (06/12/2023)
There remains ample room and potential for Ho Chi Minh City and Saint Petersburg City of Russia to increase trade turnover and expand investment cooperation in digital transformation, manufacturing and processing industry, pharmaceuticals, healthcare and education, heard a business forum in HCM City on December 5.
There remains ample room and potential for Ho Chi Minh City and Saint Petersburg City of Russia to increase trade turnover and expand investment cooperation in digital transformation, manufacturing and processing industry, pharmaceuticals, healthcare and education, heard a business forum in HCM City on December 5.
DFC mulls $500 million loan to VinFast for lithium-ion battery facility (06/12/2023)
On December 3, the United States International Development Financial Corporation (DFC) and VinFast Auto (Nasdaq: VFS) signed a letter of Interest (LOI) to consider a formal application by VinFast for a $500 million loan to establish a lithium-ion battery manufacturing facility in Vietnam.
On December 3, the United States International Development Financial Corporation (DFC) and VinFast Auto (Nasdaq: VFS) signed a letter of Interest (LOI) to consider a formal application by VinFast for a $500 million loan to establish a lithium-ion battery manufacturing facility in Vietnam.
Enhancing competitiveness vital for VN to climb up global value chain (06/12/2023)
Enhancing national competitiveness and capacity of domestic enterprises is vital for Việt Nam to climb up the global value chain in the new context of globalisation, heard a workshop held by Việt Nam Institute for Economic and Policy Research (VEPR) on Tuesday in Hà Nội.
Enhancing national competitiveness and capacity of domestic enterprises is vital for Việt Nam to climb up the global value chain in the new context of globalisation, heard a workshop held by Việt Nam Institute for Economic and Policy Research (VEPR) on Tuesday in Hà Nội.
Foreign investors dump Mobile World as sales tumble (06/12/2023)
Foreign investors have been net selling MWG shares of electronics retail chain Mobile World for the last six months as the company’s earnings drop amid declining demand.
Foreign investors have been net selling MWG shares of electronics retail chain Mobile World for the last six months as the company’s earnings drop amid declining demand.
Japan visit reinforces strategic ties (05/12/2023)
A new cooperation framework is set to deepen the relationship between Vietnam and Japan, with the latter facilitating its trade, investment, and official development flows into the former.
A new cooperation framework is set to deepen the relationship between Vietnam and Japan, with the latter facilitating its trade, investment, and official development flows into the former.
Strong return of liquidity lifts market’s sentiment (05/12/2023)
The stock market finished higher on Monday, extending rallies for the second day in a row. The uptrend was buoyed by a strong cash inflow.
The stock market finished higher on Monday, extending rallies for the second day in a row. The uptrend was buoyed by a strong cash inflow.
Vietnam emerges as a strategic location for tech giants (05/12/2023)
Building high-quality data centers is currently one of the key focuses of Vietnam’s digital transformation, in line with its strategy to develop a digital economy and a digital nation.
Building high-quality data centers is currently one of the key focuses of Vietnam’s digital transformation, in line with its strategy to develop a digital economy and a digital nation.
Game industry needs extra time to further develop (03/12/2023)
The game industry in Vietnam is considered lucrative, but it is facing a number of difficulties that need to be addressed at the soonest in order to level up to its full potential.
The game industry in Vietnam is considered lucrative, but it is facing a number of difficulties that need to be addressed at the soonest in order to level up to its full potential.
Global minimum tax: opportunities and challenges (03/12/2023)
Vietnam, which has been integrating deeply into the world economy, has no other choice than to apply the global minimum tax.
Vietnam, which has been integrating deeply into the world economy, has no other choice than to apply the global minimum tax.
Legal hurdles hamper foreign investment in property (03/12/2023)
Legal difficulties and limited access to high-quality property are the main challenges faced by foreign buyers in Vietnam, analysts say.
Legal difficulties and limited access to high-quality property are the main challenges faced by foreign buyers in Vietnam, analysts say.
Vietnamese businesses invest US$395 million overseas (03/12/2023)
Vietnam’s total investment capital abroad, including newly registered and adjusted capital, reached US$395 million over the past 11 months of the year, representing a fall of 16.7% year on year.
Vietnam’s total investment capital abroad, including newly registered and adjusted capital, reached US$395 million over the past 11 months of the year, representing a fall of 16.7% year on year.
Certain banks to get extra credit growth quotas (01/12/2023)
Those commercial banks that have reported credit growth of 80% or higher in the year to date will be automatically entitled to extra credit growth quotas based on their 2022 rankings, the State Bank of Vietnam (SBV) has announced.
Those commercial banks that have reported credit growth of 80% or higher in the year to date will be automatically entitled to extra credit growth quotas based on their 2022 rankings, the State Bank of Vietnam (SBV) has announced.
Vietnam to apply global minimum tax from January 1 (01/12/2023)
With 462 deputies, or 93.52 per cent, voting in favor, the 15th National Assembly (NA)’s 6th session approved a resolution on November 29 on topped-up corporate income taxes under the Global Anti-Base Erosion (GloBE) rules.
With 462 deputies, or 93.52 per cent, voting in favor, the 15th National Assembly (NA)’s 6th session approved a resolution on November 29 on topped-up corporate income taxes under the Global Anti-Base Erosion (GloBE) rules.
Range of Asian neighbours explore M&A potential (01/12/2023)
Amidst the challenging environment, strategic investors from the likes of Thailand, Singapore, Japan, and South Korea continue to dominate merger and acquisition transactions in Vietnam.
Amidst the challenging environment, strategic investors from the likes of Thailand, Singapore, Japan, and South Korea continue to dominate merger and acquisition transactions in Vietnam.
Vietnam enjoys significant benefits from EVFTA (01/12/2023)
Ambassador Karl Van den Bossche of the Kingdom of Belgium in Vietnam has highlighted that Vietnam is reaping significant benefits from the EU-Vietnam Free Trade Agreement (EVFTA), surpassing the advantages for the EU by more than fourfold.
Ambassador Karl Van den Bossche of the Kingdom of Belgium in Vietnam has highlighted that Vietnam is reaping significant benefits from the EU-Vietnam Free Trade Agreement (EVFTA), surpassing the advantages for the EU by more than fourfold.
Climate tech investment hits the spotlight (30/11/2023)
As the landmark COP28 kicks off this week, the spotlight is on the development of climate tech to bring the region closer to the 2015 Paris Agreement targets.
As the landmark COP28 kicks off this week, the spotlight is on the development of climate tech to bring the region closer to the 2015 Paris Agreement targets.
Deputy PM suggests ANZ Group invest in green transition in Vietnam (30/11/2023)
Deputy Prime Minister Le Minh Khai suggested Australia and New Zealand Banking Group Limited (ANZ) invest in high-tech, green transition, clean energy and renewable energy in Vietnam at a reception for its Chief Executive Officer Shayne Elliott in Hanoi on November 29.
Deputy Prime Minister Le Minh Khai suggested Australia and New Zealand Banking Group Limited (ANZ) invest in high-tech, green transition, clean energy and renewable energy in Vietnam at a reception for its Chief Executive Officer Shayne Elliott in Hanoi on November 29.
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