While ministries in Vietnam are working on legal amendments to promote digital transformation, foreign-invested enterprises are looking for more reform of legal and policy in conjunction with other areas such as intellectual property and customs tax to facilitate their next steps.
Vietnam and the UK would strengthen cooperation in green finance, and digitalization of the financial sector, with the UK's assistance in providing the required resources for Vietnam to realize its commitments at the COP26.
Vietnam’s rapid economic growth has caused environmental challenges which have forced the nation to focus on fostering the development of a circular economy with less pollution and reused and recycled products.
The Vietnam Securities Depository (VSD) is getting consultations on a draft regulation on clearing and settlement of securities transactions, under the direction of adjusting the payment time for completing the T+2 settlement cycle of the State Securities Commission (SSC).
The UK-Vietnam Free Trade Agreement (UKVFTA), which took effect on May 1, 2021, will see the elimination of virtually all customs duties between the two countries when it is fully implemented.
Vietnam expects to create the utmost favorable environment for foreign companies to be successful in the country.
The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Viet Nam in 2022.
The Vietnamese fish sauce industry needs to improve food hygiene and safety and diversify products to expand exports.
UK trade minister Anne-Marie Trevelyan said the country wants to be a part of Vietnam’s development story in the 21st century, and fostering bilateral trade relations is among its priorities.
Collectius, a leading restructuring partner for financial institutions in Asia, acquired its first portfolios in Vietnam since entering the market at the end of last year, securing more than $800 million of non-performing loans (NPL) from a local commercial bank.