positive scenarios for working capital development

Positive scenarios for working capital development

Security over receivables is mainly regulated by the Civil Code 2015 and Decree No.21/2021/ND-CP, as well the Law on Credit Institutions 2010, and its detailing and guiding Circular No. 02/2017/TT-NHNN promulgated by the State Bank of Vietnam (SBV).
crucial legislative developments in the bond market

Crucial legislative developments in the bond market

The State Bank of Vietnam (SBV) has previously issued regulations on prudential ratios and limits over banking activities while recently the ability of businesses to pay loans and interest has been severely affected by the current pandemic. As a result of these twinned developments, commercial banks have become more and more cautious in granting credit.
the existing uncertainty in merger filing regulations

The existing uncertainty in merger filing regulations

The development of Vietnamese competition laws in recent years, notably with the promulgation of the Law on Competition 2018 and its guiding instrument Decree No.35/2020/ND-CP, has marked a critical milestone in changing the merger and acquisition market in Vietnam.
interest rate dip fails to stimulate lending

Interest rate dip fails to stimulate lending

In mid-March the State Bank announced it would ease the ceiling interest rate applicable to one to six month term deposits by 1 per cent, to 6 per cent.
southern firms unveil ambitious expansion plans

Southern firms unveil ambitious expansion plans

Although not being out of the woods yet in terms of economic hardships, numerous businesses in Ho Chi Minh City have presented ambitious expansion plans.
expert explores global footwear memberships opportunities threats

Expert explores global footwear membership’s opportunities, threats

Negotiations over Vietnam’s joining the Trans-Pacific Partnership Agreement (TPP) are underway. General secretary of the Ho Chi Minh City Leather and Footwear Association Nguyen Van Khanh explores the possible implications of the TPP on the local leather and footwear industry.
restoring order in shrimp material export an urgent need

Restoring order in shrimp material export: An urgent need

Massive Chinese buy-ups of pre-processed shrimp for export and processing at home have left the processing and export market in disarray.
supporting industry needs to muscle up

Supporting industry needs to muscle up

The hi-tech industry supporting industries’ lack of development is coming into focus.
firms demand safety net

Firms demand safety net

Firms want bigger government support to help them survive persistent economic woes.
south prospers with fdi injections

South prospers with FDI injections

Vietnam’s southern hubs continue to charm foreign direct investment, especially in the services and manufacturing areas.
big c does the right thing

Big C does the right thing

Three Big C businesses have honoured among Vietnam’s top 1,000 leading tax contributors.
rubber sector needs to bend with the times

Rubber sector needs to bend with the times

The rubber industry’s development has been brought sharply into focus.
exports to prove a bridge too far

Exports to prove a bridge too far

Firms have a long way to go to scale up exports during the remainder of the year.
phuong nam gets sinking feeling

Phuong Nam gets sinking feeling

Seafood firms are struggling to keep their heads above water after Phuong Nam Foodstuff Corp, a privately held export seafood company, appears to be in deep trouble.
door to open to showcase exports

Door to open to showcase exports

Intensive preparations are underway to open a major export showroom venue in Ho Chi Minh City.