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Vietnam: Policies take effect in December 2022

Below are among new policies on import and export nomenclature, electricity generation price bracket, and licenses to manufacture tobacco products taking effect from December. Conditional production for industrial chemicals Decree No. 82/2022/ND-CP (Decree 82) dated October 18, 2022, amends and supplements a number of articles of Decree No. 113/2017/ND-CP detailing and guiding the implementation of […]

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Consumption and exports continue to drive Vietnamese growth

HANOI: Consumption, one of the key drivers of Vietnam’s growth in 2022, is showing signs of deceleration in some sectors. But overall, the General Statistics Office’s (GSO) data showed Vietnam’s total retail sales of goods and services in November increased 17.5% year-on-year (y-o-y) to an estimated 514.2 trillion Vietnamese dong (RM92bil) after a 17.1% growth […]

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