Decree 85

The Ministry of Finance (MoF) is working on perfecting governmental Decree No.153/2020/ND-CP which regulates privately-placed corporate bond issuances. One of the highlights of the amended decree is gearing individual professional investors’ attention to bond products of better quality, mandating enhanced conditions from service providers, and adding regulations about the rights and responsibilities of market supervisory bodies. The MoF is working on perfecting regulations on corporate bond issuance and trading Accordingly, in light of the proposed amended Decree, individual professional investors need to possess a bond value touching VND1 billion ($43,470), stock investment value reaching VND2 billion ($86,950), and an account value (not using margins) maintained at least six months. In addition, investors must clearly understand the conditions, clauses, and risks associated with the bond investment, and ensure to fully abide by regulations before engaging in … [Read more...] about Constituting a healthy corporate bond market

As a long-standing technology partner of Audi globally, ABB E-mobility was selected to deliver its market-leading electric vehicle chargers in Vietnam for the launch of new all-electric Audi e-tron GT quattro, Audi’s first electric car to hit the Vietnamese market. Like many similar Asian countries, Vietnam is experiencing rapid urbanization. The rate of car ownership is forecasted to grow thirty-five-fold from 2010 to 2050. To help mitigate the environmental impact of this increase, it is vital that the sector evolves by embracing e-mobility solutions. ABB Wallbox charger 2022 marks many changes in the electric vehicle market in Vietnam. Reputable car manufacturers, such as Audi, have realized their plans by bringing electric car models to the country. While the Vietnamese government’s incentives for e-mobility is still in the first phase, the progress in e-mobility being driven by well established vehicle manufacturers shows the important role that electric … [Read more...] about ABB and Audi cooperate to drive e-mobility adoption in Vietnam

At the conference on August 11, MPI Minister Dung said that thanks to the control of the pandemic and the maintenance of macroeconomic stability, the business sector has reported a positive recovery recently. As of July, the whole country had about 871,000 operating enterprises with tax incurred, an increase of nearly 13 per cent compared to 2021. In the first seven months of 2022, the number of enterprises entering and returning to the market, as well as additionally registered capital into the economy, increased sharply. The number of enterprises entering and re-entering the market was over 130,000 enterprises, an increase of 26.8 per cent on-year, 1.4 times higher than the number of enterprises withdrawing from the market. The total registered capital added to the economy in the first seven months of 2022 reached over $143 billion, an increase of over 37 per cent on-year. According to reports from business associations, the market has recovered over 75-85 per cent compared … [Read more...] about Utilising every opportunity to grow and overcome challenges

Foodex is Asia’s the largest exhibition dedicated to food and drinks across Japan and the whole world. Up to 20 participating businesses come from cities and provinces with strength in agro-fisheries such as Ho Chi Minh City, Hanoi, Nghe An, BacGiang, NinhBinh, Dong Thap, Ben Tre, Can Tho, KienGiang, Lam Dong and Ca Mau. On display are Vietnamese specialty fruits, vegetables, processed aquatic products and fish oil, organic pepper, seedless lemon, rice-derived food, cakes and fruit drinks. Vietnam’s fruit and vegetable export to Japan hit 130 million USD in 2017, up nearly 70 percent. The four-day exhibition attracts 3,350 firms from 80 countries and territories worldwide, and 85,000 visitors.-VNA VNA … [Read more...] about Vietnam joins Foodex 2018 in Japan

Elephants enjoy a "buffet" of fruit and vegetables marked its World Elephant Day. World Elephant Day, observed on August 12, was created with the main objective of preserving and protecting this animal and seeking solutions to the problem of human-elephant conflict. A project on elephant preservation in Dak Lak, Dong Nai and Nghe An was approved by the Government in 2006. Recently, in Decision No. 413/QD-TTg dated March 31, 2022, the Prime Minister agreed with the project’s adjustment. Under the decision, the elephant conservation plan will be implemented until the end of 2025. Deputy Director General of the Vietnam Administration of Forestry (VNFOREST), Tran Quang Bao said that the country has successfully implemented tasks to manage human-elephant conflicts between elephants and people which often happened in 2009-2012. A wide range of solutions was carried out to prevent and mitigate human-elephant conflicts in the 2010-2020 period, but the self-healing ability and … [Read more...] about Dak Lak lays out fruit buffet for domesticated elephants on World Elephant Day