With VND700 million, Vietnamese now have many choices for non-Chinese cars. They can buy Japanese and South Korean products, which don’t have too many high tech features but are relatively modern and have good design. And importantly, there us no need to worry about the quality of the products. … [Read more...] about Unprecedented: Chinese car imports selling well in Vietnam
Vietnam investors
Thai investors focus on sustainability in Vietnam
In addition, a number of large corporations from Thailand are also concerned about the sustainability of their investment in Vietnam. SCG is ranked No.1 sustainable business in the world in Building Materials Field according to Dow Jones Sustainability Indices (DJSI) for 2020. … [Read more...] about Thai investors focus on sustainability in Vietnam
Laws and guiding decrees bringing comfort to investors
By Vaibhav Saxena Lawyer Vietnam International Law Firm Following the enforcement of the Law on Investment 2020, the draft decree guiding implementing certain provisions of the law has been released. When the draft decree is passed by the government, it will replace Decree No.118/2015/ND-CP guiding implementation of the Law on Investment 2014. … [Read more...] about Laws and guiding decrees bringing comfort to investors
Impressive 2020 for Vietnam’s corporate bond market
Moreover, a credible local rating agency is a key missing ingredient in Vietnam’s corporate bond market. The Ministry of Finance has repeatedly raised its concern on high risks associated with high yield corporate bonds. Bondholders, on the other hand, might be left empty-handed if the companies fail to pay back the debt. … [Read more...] about Impressive 2020 for Vietnam’s corporate bond market
Vietnam primed for credit rating agency to boost bond market
Vietnam’s first credit rating agency opened in 2005 but shut down a year later due to lack of demand. In July 2017, Phattinh Rating was the first Vietnamese credit rating agency to be licensed and in March 2020, FiinGroup became the second credit rating agency to be licensed by the Ministry of Finance. The Ministry of Finance has the authority to grant up to five credit rating licenses. … [Read more...] about Vietnam primed for credit rating agency to boost bond market