Gov’t plans to equitize 93 State-owned enterprises through 2020
Prime Minister Nguyen Xuan Phuc has signed a Decision approving the list of 93 State-owned enterprises which will be equitized from now to the end of 2020.
Vietnam’s healthcare sector acts to reduce plastic waste
The Ministry of Health on August 15 held an online conference with 63 cities and provinces on taking measures to lower plastic waste in the healthcare sector.
Vietnam’s e-commerce market may rank third in Southeast Asia
Vietnam could have Southeast Asian’s third-largest e-commerce market by 2025.
Vietnam among 12 most valuable markets for global franchise expansion
The International Franchise Association ranked Vietnam eighth out of the 12 most valuable markets for global expansion, according to Nguyen Phi Van, chairwoman of Retail & Franchise Asia.
Key points: July 3 Int’l Conference on “Growth of Service Sector in HCMC [Region] and Development, Planning Orientation for the [Region’s] Service Infrastructure in 2020-2030
—(Summary)—:Party Secretary Nguyen Thien Nhan opened the event. Speakers emphasized (1) the “suburbanization” of manufacturing moving to the east of HCMC, in particular, and (2) the need for close collaboration between HCMC and neighboring provinces for a regional effort to plan and build the needed infrastructure to support HCMC’s planned “service economy.” Planners from the
Policy reform is key to unlock Vietnam’s M&A future
As new policies and trade deals change the focus of M&A inflows to Vietnam, the Vietnamese government is expected to remove legal barriers, create a positive environment for foreign investors, and push the divestment process at state-owned enterprises.
Visa and Ho Chi Minh City sign MoU to deliver smart mobility
Visa, the world-leader in digital payments, and the Ho Chi Minh City Department of Transportation have just signed a Memorandum of Understanding (MoU) to drive the development and adoption of digital payments to achieve smart mobility in Ho Chi Minh City.
Trade union needs comprehensive reform to implement FTAs, ILO Conventions: PM
Prime Minister says the implementation of international labour-related commitments in the new generation of free trade agreements and Conventions of the International Labour Organizations (ILO) requires Viet Nam’s trade union to undertake a comprehensive reform.
How much of the USMCA is from the TPP?
57% of the USMCA text is copied from the TPP.
New business definition eases M&A accounting
Mergers and acquisitions (M&A) have become an important growth strategy for many companies. Yet before engaging in any such activity, companies will need to consider the financial reporting implications of the transaction. This requirement has become especially important following the latest amendments to International Financial Reporting Standard (IFRS) 3 Business Combinations, which will apply to acquisitions that occur on or after January 1, 2020.
Industry ministry to submit new solar power price scenarios in September
The Ministry of Industry and Trade will submit to the Government new scenarios for solar power prices in two regions on September 15 based on recommendations the ministry received after presenting its proposal on the matter to the Government’s standing board on July 31.