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.
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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?
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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