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Day: October 6, 2023

Results of Vietnam’s TikTok inspection announced

the-shiv October 6, 2023

The Ministry of Information and Communications has announced the outcome of an investigation of TikTok’s practices in the country finding a number of breaches of Vietnamese law, VN Economy is reporting. Most of the breaches relate to the censoring of content on the platform and the removal of sensitive content.

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Pushback on Vietnam bond market reforms resurfaces

the-shiv October 6, 2023

The HCM City Real Estate Association (HoREA) has made overtures to the government to push back the effective date of reforms to the bond market due to take effect from January 1, 2024, Vietnam News is reporting. These reforms were outlined in Decree 65 and came into effect in September

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Vietnam bond market shows signs it may be thawing

the-shiv October 6, 2023

More than VND 100,000 billion (US$690 million) worth of corporate bonds were issued in the third quarter of 2023, Doanh Nhan Saigon is reporting. This is almost triple the value of bonds issued in the second quarter which suggests the bond market may be recovering. The article, however, does note

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Japan pneumatic device maker to increase Vietnam investment

the-shiv October 6, 2023

Japan’s SMC Manufacturing, which makes pneumatic instruments, intends to increase its investment in Vietnam to the tune of US$120 million, The Investor is reporting. These funds will be used to expand the firm’s operations in Dong Nai in Southern Vietnam just a few clicks from the country’s financial centre, Ho

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Foreign investment in Vietnamese stocks lowest in three years

the-shiv October 6, 2023

On October 5, foreign traders bought just VND 384 billion (US$2,649,600) worth of stock on the Ho Chi Minh City Stock Exchange, the lowest investment of foreign capital in a day since August 2020, VN Express is reporting. The VN-Index closed at 1,113.9 points. Foreign investor trading activity, October 5

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