Sector insights

Draft of amended Law on Education raises concerns

22 May 2018
Proposals for draft amended Law on Education by the Ministry of Education and Training (MoET), especially regulations on private nurseries, are raising concerns among the public, including parents and nursery school teachers. According to the proposals, the number of children in a private nursery classroom may increase from 50 to 70.

Cutting business conditions in some fields

13 March 2018
The Government issued Decree No. 08/2018/ND-CP (Decree) amending some decrees relating to business investment conditions under the state management of the Ministry of Industry and Trade. Question: What are the new business conditions in some fields?

New collateral rules good for VN banks: Moody’s

29 August 2017
The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on Monday.

Fintech in Vietnam Update and new Infographic 2017

8 August 2017
Vietnam’s fintech ecosystem is on the rise fueled by a surge in foreign investor interest and a desire from the government to boost fintech development. The launch of the SBV Steering Committee on Fintech in March hinted at the government’s stance on financial innovation and brought clarity on some of the undergoing initiatives from the public sector.

Criteria for Vietnamese casino gamblers released

26 July 2017
The Ministry of Finance (MoF) has released a draft circular guiding a number of articles in Government Decree No.03 from earlier in the year on the casino business.

Social media dominates online ad market

18 April 2017
Social networks now rival search engines as an effective online marketing and advertising channel, gaining a significant market share and raking in huge revenues in Viet Nam and elsewhere.

Real estate MA growth continues

13 April 2017
The number of mergers and acquisitions (M&A) in Viet Nam’s real estate market will continue growing this year and beyond, according to Savills Viet Nam Ltd, Co.

Law to allow bank bakruptcy

5 April 2017
The State Bank of Việt Nam (SBV) is drafting a law on supporting credit institutions to restructure and resolve bad debt in an effort to quicken the process. The incomplete legal framework for handling poorly-performing banks and bad debts is hindering the restructuring of credit institutions, according to SBV.

Foreign shipping lines must now publicise fees

27 March 2017
Foreign shipping lines will have to publicise charges, surcharges of freight services for containerised goods, and port service charges from July 1, 2017. The Vietnamese government officially issued Decree No. 146/2016/ND-CP late last year, mandating the publication of these charges after months of consideration.

Government SOE initiative international ovation

16 March 2017
The government’s latest order to further control the business and production performance of state-owned groups and corporations has received the international thumbs-up.

Savills - More investment opportunities in VN

13 March 2017
Investors need to look beyond first-tier cities and at new types of assets to make profits, including emerging markets such as Việt Nam, as the Asian property market slows. This was stated in a report on real estate tips for the Asia-Pacific market 2017, released by Savills Việt Nam on March 3.

Vietnamese SMEs to invest strongly in e-commerce

13 March 2017
Hundreds of small and medium sized enterprises (SMEs) were trained on how to promote their brands through e-commerce at a workshop on March 7 in southern Dong Nai Province.

Rules on PPPs relax, helping infrastructure

2 March 2017
The Ministry of Planning and Investment is expecting a wave of private investment into the infrastructure sector as it collects comments on the revision of legal documents pertaining to public-private partnership projects and selection criteria with the aim of attracting more investors.

SBV announces compulsory M&A for weak banks

1 March 2017
The State Bank of Vietnam (SBV) currently encourages mergers and acquisitions (M&A) for weak credit institutions based on voluntary spirit and the assurance of relevant rights for both parties. However, this will turn into a compulsory activity if these institutions do not volunteer. SBV’s plan

City urges education investment

1 March 2017
HCM City’s Department of Education and Training is seeking help from overseas Vietnamese educators who can set up training models that meet international standards and provide capital to build schools and buy teaching aids.

New casino rule attracts big investors, new players

1 March 2017
A flight carrying the representative of a US-based group which runs many large casinos worldwide landed in Vietnam just days before Vietnam’s traditional Tet holiday. A closed negotiation was conducted in an effort to enter the domestic casino market.

Trade defense department to be established

7 February 2017
The establishment of a department specialising in trade defense was necessary in the context of global integration, Minister of Industry and Trade says.

Construction industry shows potential

7 February 2017
Vietnam is set to become a fully industrialized country by 2020. In real terms, the Vietnamese construction industry registered a growth rate of 9.1 per cent in 2016, measured at constant 2010 US dollar exchange rates, according to latest report by ReportLinker, an award-winning market research solution.

Manufacturing in the lead for Vietnam's economy

7 February 2017
Vietnam's economy grows steadily in various sectors. Backed by a strong end of year with 2016’s fourth quarter GDP growth of 6.8 per cent and a growth rate of 6.2 per cent for the whole year, the primary driver of Vietnam’s robust economic expansion is manufacturing, HSBC wrote in its latest report.

M&A helps to jolt real estate

7 February 2017
Based on stable economic growth and a considerable number of enquiries from both foreign and domestic investors, experts predict that merger and acquisition activity will reach record highs in 2017.

Textile and garment exports target set at $30b

7 February 2017
Viet Nam’s textile and garment industry has targeted a growth in exports of 6.5-7 per cent to US$30 billion this year. The target was announced by Le Tien Truong, general director of Viet Nam National Textile and Garment Group (Vinatex).

"Special" law to boost bank restructuring

16 January 2017
Hanoi (VNA) - The State Bank of Vietnam (SBV) will co-operate with relevant agencies to map out a "special" law to boost bank restructuring and settle bad debts in 2017, according to SBV Governor Le Minh Hung.

Equitization transparency to be improved

16 January 2017
Many SOEs set to be equitized but not those in sectors like national defense and security, nuclear power, and money printing.

Retail, property deals dominate M&A market in 2016

10 January 2017
Many large and unexpected merger and acquisition (M&A) deals were made in 2016, with retail and real estate continuing to dominate the domestic market. According to the Vietnam M&A Forum research group, M&A value in 2016 broke the record of US$5.2 billion set in the previous year.

Vietnam’s pharmacy industry attractive to foreign investors

29 December 2016
Pharmacy firms are making good profits, with the market expecting a stable growth rate of 10-15 percent. A report shows that about 30 pharmacy firms had listed their shares on the Hanoi and HCMC bourses and on UpCom by April 2016 with total capitalization value of VND14.8 trillion.

Policy banks may benefit from slow disbursement of foreign funds

28 December 2016
The government suggested raising the charter capital of two policy banks with the use of foreign funds during the fifth session of the 14th National Assembly (NA) Standing Committee on December 23.

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