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Vietnam First in Asia for Attracting Foreign Investment
By Tran Que Chi Apr. 26 – Vietnam is the only economy in Asia whose investment funds to attract investment flows every week so far this year as the VN Index jumped to an 11-month high, according to Emerging Portfolio Fund Research. Meanwhile, India and China only saw investment in 8 of the past 16 […]
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Dezan Shira & Associates and the Roadshow ‘Italy – Vietnam’
Apr. 25 – The Roadshow “Italy – Vietnam” that was held in Italy between March 26th and March 30th in Milan, Bologna, Padova and Pesaro has been important for both parties involved. It helped Italian entrepreneurs increase their knowledge about Vietnam (boasting the 13th largest population in the world and one of the highest GDP […]
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Vietnam to Tighten Cash Loan Disbursements from June 1
According to the Circular, banks will not use cash as a method for disbursing loans from June 1, 2012.
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New Audit Regulations in Vietnam
Apr. 19 – On March 13, 2012, the Vietnam government promulgated Decree No. 17/2012/ND-CP detailing and guiding the implementation of legal articles related to independent audits. This Decree detailed conditions regarding the granting of certificates of satisfaction of auditing business conditions in Vietnam.
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Extending Foreign Currency Loans to Resident Borrowers
By Mattia Capsoni Apr. 18 – The state bank of Vietnam issued Circular No. 03/2012/TT-NHNN on March 8 in order to define new lending opportunities for banks and borrowers. The primary aim is to lower the pressure and the demand of foreign currency supplies, and the consequent effects these have on the exchange rate. From […]
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Vietnam to Increase General Minimum Wage Levels from May 1
Vietnam has officially increased its general minimum wage levels from VND830,000 per month to VND1.05 million per month effective from May 1, according to Decree No. 31/2012/ND-CP dated Apr 12, 2012.
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Asia Briefing Releases New Doing Business in Vietnam Guide
Asia Briefing has just released the inaugural edition of its regional business guide "Doing Business in Vietnam" - offering business-minded individuals an up-to-date reference source for all of the key issues concerning setting up and successfully operating a business in the country.
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Hanoi, HCMC See Cooling CPI in March
By Vo Thi Bich Hong Mar. 28 – In March 2012, the consumer price index (CPI) in Vietnam’s two largest cities, Hanoi and Ho Chi Minh, increased slightly over the previous month at rates of 0.19 percent and 0.12 percent, respectively. Specifically, Hanoi’s CPI growth rate in March is relatively low compared to the 1.45 […]
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Vietnam Stock Market’s Fourth Annual Report Contest
Mar. 27 – The Vietnamese stock market is currently suffering from the poor performance of listed companies and poor confidence among investors. As part of an effort to improve communication of corporate data and information to investors, the Fourth Annual Report Contest for listed companies will be held for companies listed on Vietnam’s two exchanges […]
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Sustainability of Vietnam’s Real Estate Market
By Mattia Capsoni Mar. 13 – In recent years, Vietnam’s real estate market has shown considerable strength and a propensity for growth. “[The real estate market] has contributed an important part to ensuring economic growth and social security, but besides the positive results there remain a number of weak points,” Minister of Construction Nguyen Hong […]