Vietnam

On December 31, 2020, the government issued Decree No.153/2020/ND-CP, regulating the offering and transactions of corporate bonds through private placement in the domestic market and the offering of corporate bonds to foreign markets, to replace Decree 163 and Decree 81. This new decree, which became effective on January 1, continually tightens regulations on the issuance of corporate bonds with more specific provisions. … [Read more...] about Impressive 2020 for Vietnam’s corporate bond market

The directive mentioned the worsening air quality in Hanoi, Ho Chi Minh City and other localities, affecting socio-economic development and public health. It blamed the low air quality on large-scale construction, emissions from a large number of private vehicles, and intensive industrial activity. … [Read more...] about Vietnam considers shutting down polluting facilities to improve air quality

“The investment will be used to grow users based on the existing ecosystem, develop strategic technology solutions and people investment with the mission to bring convenience, security and happiness for Vietnamese people by providing platforms in financial services on mobile devices,” the Vietnam News Agency quoted Nguyen Thuan Chat, co-founder and CEO of Gpay, as saying. … [Read more...] about Vietnam’s e-wallet Gpay draws funding from S.Korean financial firm in Series A investment

Registered foreign direct investment reached some US$2.1 billion in December 2020, roughly 28.9% lower than in the previous month and 66.3% lower than in December last year. Overall, the country attracted FDI worth over US$28.5 billion in 2020, which despite being some 25% lower than 2019, remains a remarkable achievement. … [Read more...] about Vietnam one of fastest growing economies amid pandemic: WB

Hanoi (VNA) – Over the past five years, Vietnam’s external affairs have produced outstanding results, thus helping consolidate national security, create favourable conditions for economic development and elevate the country’s position in the international arena. The affirmation was made by Vietnamese Ambassador to India Pham Sanh Chau in an interview granted to the Vietnam News Agency on achievements of the diplomatic sector during the 12th National Party Congress tenure and expectations for the upcoming 13th tenure. In the 12th tenure, the diplomatic sector has completed many great tasks, notably its effective response to changes in the world, creating a new position and strength to safeguard sovereignty over sea and islands and territorial integrity, consolidating a peaceful, stable and favourable environment for development, and amicably handling arising problems. The relations with other countries, particularly neighbouring nations and big powers, have been … [Read more...] about Diplomacy helps raise Vietnam’s position in international arena: veteran diplomat