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Vietnam: Ministry to regulate e-trading

HANOI — The Ministry of Finance has developed a draft circular that provides a general legal framework on the electronic trading activities at the stock market. The draft circular has been sent to the market members to collect their ideas and opinions. It is expected to ensure that the electronic trading activities at the stock market will be transparent, fair, secure and correspond to the Law of Electronic […]

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Vietnam leads ASEAN in infrastructure spending: CBRE

HANOI – Vietnam led the South East Asian countries in infrastructure spending, which was 5.7 per cent of the country’s gross domestic product (GDP), a recent report by property services firm CBRE revealed. The report titled ’Connecting Asean: Infrastructure, Integration and Real Estate Growth’ noted that the demand for infrastructure in Vietnam was intensified, given the large-scale urbanisation and the positive economic outlook. Citing statistics, the report […]

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Vietnam’s financial leasing potential

HANOI — Financial leasing institutions are the lastest solution to resolve capital shortages of local businesses, especially small- and medium-sized enterprises (SMEs). Financial leasing has been a popular channel to mobilise capital globally, with total revenue of up to US$1 trillion per year. Financial leasing is a credit activity in the mid-and-long-term through the leasing […]

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Vietnam aims to narrow trade deficit with Thailand

HANOI – Improving the quality of domestically-produced goods is critical for Vietnam to compete with imported products and narrow the trade deficit with Thailand, according to the Ministry of Industry and Trade (MoIT). Statistics from the ministry’s Department of Asia and Africa Markets showed that Vietnam ran a trade deficit of US$3.5 billion with Thailand […]

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Convenience stores sway Vietnam’s retail market

HANOI — As the country’s consumption demand increases to match national economic progress, more and more foreign retailers are entering the Vietnamese market to a warm welcome from buyers, while Vietnam’s domestic brands look for their own growth strategies against the newcomers. Regarding the rising trend of foreign firms gaining market share in Vietnam, reports […]

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