Vietnam has opportunities to approach wide commercial capital market: insider
Vietnam has opportunities to access a wide commercial capital market which allows the country be more active and flexible in capital mobilisation and use in order to compensate for the shrinking ODA, said Truong Hung Long, head of the MoF’s Department of Debt Management and External Finance.
Hanoi (VNA) – Vietnam has opportunities to access a wide commercial capital market which allows the country be more active and flexible in capital mobilisation and use in order to compensate for the shrinking ODA, said Truong Hung Long, head of the MoF’s Department of Debt Management and External Finance.
Long made the remark at a workshop seeking measures to intensify relationswith investors being jointly held by the Ministry of Finance (MoF)and the International Monetary Fund (IMF) on December 7-8.
The role and position of Vietnam has seen positivechanges, with entering the group of middle-income countries as an important milestone, helping it able to manage debts proactively andeffectively, he said.
He noted that intensifying and maintaining relations withinvestors is an important task to promptly and accurately convey information onthe country’s socio-economic development situation and the Government’spolicies toward investors.
Lack of information or inaccurate information can makeinvestors or lenders have false understanding as well as negative assessment onrisks of loans and investments, he added.
An IMF representative said that the target and principal ofthe investor relations are data transparency and the ability to contact with Government agencies to clarify publicised information./.
The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a 70 million USD loan to Indo Trans Logistics Corporation (ITL Corp), with the aim of improving logistics, trade and competitiveness in Vietnam’s economy amid the COVID-19 pandemic.
Many Chinese funds are pouring capital into the Vietnamese stock market because of low valuations and further loosening of foreign ownership in the near future.
At the sixth ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM), the ministers and governors will review and assess the progress of implementing the Roadmap for Monetary and Financial Integration of the Association of Southeast Asian Nations (ASEAN).
Vietnam needs 150 billion USD to invest in power projects in the next 10 years, equal to half the country’s current gross domestic product (GDP), which raises demand for international financing.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
An overview of the workshop (Source: VNA) 
