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Day: January 14, 2025

Building An International Financial Centre in Vietnam: Unpacked

At the end of December, the Government of Vietnam passed Resolution No 259/NQ-CP approving a plan to create regional and international financial centres in Danang and Ho Chi Minh City. Whereas the plan puts the emphasis on location this article looks at the regulatory issues holding this project back.

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Vietnam’s fabric imports rise to US$1.33 billion in December

Year-to-date imports totalled US$14.91 billion. China continued to dominate as the top supplier with US$884.41 million in imports, growing by 2.12 percent. South Korea followed with US$143.75 million, a 4.11 percent monthly rise, while Japan saw a significant 11.52 percent increase to reach US$63.24 million. Meanwhile, Malaysia recorded the highest monthly growth of 55.16 percent, contributing US$13.39 million.

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