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Day: September 12, 2024

Vietnam News Roundup: September 6 to September 12

This week’s Vietnam news roundup covers trade remedies against Vietnamese steel tubes, import and export data for August, corporate bond issuances last month, as well as an update on registered FDI in Vietnam this year, and a planned beer company takeover, and more!

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Foreign Investment in Education in Vietnam (Decree 86)

Decree 86 is a key piece of legislation in Vietnam that regulates foreign investment in the education sector. Issued on June 6, 2018, this decree provides detailed guidelines on the establishment and operation of foreign-invested educational institutions and cooperation projects in Vietnam. It plays a crucial role in Vietnam’s broader effort to internationalise its education system while ensuring compliance with national educational standards and policies.

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Education in Vietnam: Industry Overview 2024

Vietnam’s education industry has experienced significant transformation and growth over the past few decades, positioning the country as a rising star in Southeast Asia. In 2024, the education sector continues to be a critical area of focus for the government as it seeks to support rapid economic growth, modernise its workforce, and integrate into the global economy. This overview outlines the key trends, challenges, and developments shaping Vietnam’s education industry in 2024.

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Vietnam’s Law on Education for Foreign Firms 2024

Vietnam’s Law on Education recognizes the growing importance of private and international educational institutions in enhancing the country’s educational offerings. This is in response to increasing demand for diverse educational options, driven by economic growth, a rising middle class, and international integration. The government regulates these institutions to ensure they meet quality standards while also encouraging their growth as part of a multi-tiered education system.

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Vietnam imports reach US$33.7 billion in August, down .4 percent vs July

Of note, Vietnam’s role in manufacturing supply chains is mostly in the final stages of assembly and packaging which is often performed using imported parts and components. The slight fall in imports month-on-month could therefore be indicative of a future decline in exports. That said, it is only data from one month–July’s imports were up 11.2 percent over June and one data point does not a pattern make. That said, it may still be worth keeping an eye on…

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Phu Nhuan Jewelry: Vietnam Stock Overview

Of note, Vietnam’s gold price exhibited a dramatic upward trend from the start of 2024, culminating in a peak of VND 92.2 million per tael or US$2,981.1 per troy ounce on May 11. This price represented a premium of approximately 20 percent compared to the global gold market at that time…

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