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Day: September 11, 2024

Vietnam’s banks take lion’s share of Vietnam’s corporate bond debt in August

The bulk of these corporate bonds were issued to Vietnam’s banks which is inline with observations in July that a shift is taking place. Specifically, corporate bond debt looks to be moving from the real estate and construction sectors across to the banking sector which would fit with the broader narrative around real estate firms struggling to access capital.

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Liquor Licences in Vietnam 2024

In Vietnam, liquor licences are mandatory for businesses involved in the production, distribution, retail, or import/export of alcoholic beverages. The licensing process is regulated by the Ministry of Industry and Trade (MOIT) and other relevant authorities depending on the type and scale of the business. Vietnam has specific regulations for different types of alcoholic products, such as beer, wine, and spirits. Obtaining a liquor licence is essential for legal compliance and ensures that businesses adhere to safety, taxation, and distribution laws.

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Food Safety Certification in Vietnam 2024

Food safety certification plays a vital role in Vietnam’s growing food industry, ensuring that businesses maintain high safety standards to protect consumers and meet regulatory requirements. Obtaining the appropriate certifications allows businesses to operate legally, improve their reputation, and compete in both local and international markets. Compliance with these certifications demonstrates a commitment to food safety and quality, contributing to the long-term success of the business and the overall safety of Vietnam’s food supply chain.

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Product Quality Self-Declarations in Vietnam 2024

In Vietnam, self-declaration of product quality is a regulatory process that allows businesses to declare that their products comply with relevant food safety and quality standards without needing prior approval from the authorities. This procedure is governed by Decree 15/2018/ND-CP, which provides detailed guidelines on the food safety law in

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Vietnam outbound FDI falls 64.6 percent year-on-year to end August

Mining, processing and manufacturing, and retail were the biggest recipients accounting for 39.8, 19.7, and 16.8 percent, respectively. These investments have mostly been concentrated in the Netherlands, Laos, the UK, and the USA accounting for 37.1, 25.78, 13.4, and 12.7 percent of these investments, respectively…

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Asia Commercial Bank: Vietnam Stock Overview

In the first half of 2024, ACB’s total operating income and net profit rose by 5.5 percent and 4.7 percent year-over-year respectively. This positive growth was primarily attributed to a more stable macroeconomic environment and a rebound in credit demand. As a result, the stock price has risen by 21.2 percent from the beginning of 2024 to September 9…

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