Concerns about the liquidity of the banking system
From late 2014 until now, the ratio of lending to deposits (LDR) and the ratio of short-term funds used for medium and long-term lending of the commercial bank system have risen fairly fast. Meanwhile, the average interbank interest rates in the early months of 2016 have been fluctuating at high levels and deposit rates […]
Interest rates hard to fall due to high inflation
If inflation is low interest rate will be gone down respectively, but if inflation is forecasted to rise, interest rate will tend to rise respectively. General Statistical Office of Vietnam (GSO) has released March consumer price index (CPI) which rose 0.57 percent from February and 1.69 percent compared to the same period in 2015, […]
Experts warn of new bad debts
Experts are concerned about new non-performing loans rising significantly while the Vietnam Asset Management Company (VAMC) still has to devise radical measures to resolve bad debts acquired from banks. The latest financial reports released by banks reported that 2015 saw a total of VND45 trillion (US$2 billion) non-performing loans (NPLs), the National Financial Supervisory Commission […]
An overview of the TTP agreement
Dr. Matthias Dühn, LL.MAttorney-at Law/Foreign Registered Lawyer in VietnamAfter five years of implementation, the Trans-Pacific Partnership (TPP) agreement was finally signed in Atlanta, USA, on October 5 by 12 participating Pacific Rim nations. The current TTP members include Canada, the United States, Mexico, Peru, Chile, Japan, Vietnam, Malaysia, Brunei, Singapore, Australia and New Zealand. The […]
Home / Forum Investor-state dispute settlement under TPP agreement: new rules of the game
State officials from the 12 members in the Trans-Pacific Partnership (TPP) trade agreement concluded talks on October 5 after years of heated negotiations. Before taking effect, the deal is now under ratification by many countries including the US and Canada where local governments still face oppositions. A central concern for most TPP members is the establishment of the […]
More than 400 foreigners have been granted the “red book”
Over 400 foreigners have been granted the “red book” (land use rights certificate under the Land Law) in Vietnam by August this year, a twofold increase compared to the number of foreigners having obtained the certificate before the Housing Law came into effect on July 1. It is not to mention over 500 overseas Vietnamese […]
Vietnam’s M&A waiting for a new boom
Vietnam has witnessed dynamic mergers and acquisitions in both domestic and foreign firms of all sizes. The rapid growth comes from opportunities created by trade agreements with other countries and Vietnam’s new policies to increase foreign ownership in Vietnamese enterprises and allow foreigners to buy houses in Vietnam. The Vietnamese M&A market heated up again […]
Eleven laws, ordinances, resolutions announced
The State President’s Office announced 11 laws, an ordinance and a resolution which were passed at the 9th session of the 13th National Assembly at a press conference held in Hanoi on July 17. The fresh laws include the Law on Veterinary, Law on Military Service, Law on the Viet Nam Fatherland Front, Law on […]
One-day visa eligible enough for foreign housing ownership in Vietnam
Foreigners and overseas Vietnamese are eligible for housing ownership in Vietnam immediately upon their arrival in the country, if they meet immigration requirements, an official from the Ministry of Construction said on July 17. Vietnam officially approved foreign ownership of house and apartment starting July 1, but many homebuyers of this kind still have questions regarding the […]
M&A activity forecast to grow strongly towards 2018
HANOI – Merger and acquisition (M&A) activity in Vietnam is projected to soar towards 2018 and its accumulated value could amount to US$20 billion, according to AVM Vietnam. The company released the M&A value forecast at a media briefing held in Hanoi on July 16 to introduce the M&A Vietnam Forum 2015. The forum is […]