VIETNAM LEADS ASEAN MEMBERS IN EU'S IMPORT MARKET SHARE
The EU is Vietnam's third largest export market with an average growth rate of 7.5%, accounting for 13.6% of Vietnam's total exports from 2015-2021.
AGRO-FORESTRY-FISHERY EXPORTS IN 11 MONTHS SET NEW RECORD
Agro-forestry-fishery exports stood at over 49 billion USD in the first 11 months of 2022, higher than last year’s record of 48.6 billion USD, the Ministry of Agriculture and Rural Development said.
FDI EXCEEDS 25.1 BILLION USD IN 11 MONTHS OF 2022
The foreign direct investment (FDI) in the first 11 months of this year exceeded 25.1 billion USD, according to the Ministry of Planning and Investment.
INITIAL MARGIN FOR DERIVATIVES TO RISE TO 17%
The Vietnam Securities Depository (VSD) has revised the cap for the initial margin for the VN30 index futures contracts to align with developments on the derivatives market. The VSD yesterday, December 12, raised the initial margin for futures contracts of the VND30 blue-chip index to 17% from 13%. The adjustment will take effect from December 15.
VIETNAM’S AUTO IMPORTS SHOOT UP IN NOVEMBER
The number of cars imported into Vietnam last month soared sharply, driven by the strong domestic demand.
Data from the General Department of Vietnam Customs showed the country imported over 22,700 completely-built-up (CBU) cars worth US$468 million in November, surging by 58.8% in volume and by 46.7% in value over October.
HCMC’S FOREIGN TRADE EXCEEDS US$100 BILLION IN JAN-NOV
HCMC’s foreign trade in the year to November had totaled US$101.6 billion, according to the General Department of Vietnam Customs. The gross regional domestic product of HCMC is expected to grow 9.03% over 2021, way above the target ranging between 6% to 6.5%.
PM CALLS FOR MEASURES TO STABILIZE VOLATILE BOND MARKET
The increase of investment flows into industrial zones in Son La province has helped boost modernized industrial development and created a driving force for local economic and social development. Mr. Bui Van Man, Director of Son La Industrial Zones Authority, gives an interview to Vietnam Business Forum's reporter on this content.
INTELLASIA FINANCE & BUSINESS NEWS - DECEMBER 06, 2022
1. Vietnam firms cut foreign currency loans
2. Restructuring to boost M&A in banking industry
3. Undervalued banks winning bet for investors
4. Slower consumption and prospect of growth in 2023
5. Vietnam's Rail Network: Slow Train Headed for Fast-Track?
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