Vietnam’s Ministry of Planning and Investment has completed and announced a draft of the national strategy on the Fourth Industrial Revolution. Jeff Paine, managing director of the Asia Internet Coalition, writes about how the country can implement such a strategy, with smart policies needed to realise Vietnam’s big Industry 4.0 ambitions.

The Ministry of Finance’s (MoF) proposal to ease casino investment conditions in order to boost investment in special administrative-economic zones (SAEZs), particularly the one in Van Don received opposition from the Ministry of Planning and Investment (MPI) and the Ministry of Defence.

Vietnam has considered adding regulations of household business to the revised Law on Enterprises that is set to be submitted to the National Assembly for approval in October.

The merger and acquisition (M&A) market since last summer has witnessed a surprising switch among top segments, with major activities in real estate overcoming consumer goods, leading to positive signs for the market for the next 12 months.

Domestic private and international investors in Vietnam are expected to see a more bankable framework on public-private partnership (PPP) investment on the back of positive changes in the latest draft Law on PPP.

Viet Nam needs a proper legal framework for financial technology (fintech) services, a State Bank of Vietnam official said on August 20.

In line with the increasing amounts of capital pouring into startups, mergers and acquisitions (M&A) involving the newbies may keep on a steady course up as a growing number of giants see them as the pathway to enhancing their position in the market.

Investors are looking for industrial and logistics assets through joint ventures with local industrial developers and/or acquisition of land and operating real estate, Jones LaSalle Vietnam Co Ltd (JLL Vietnam) said in a statement.

The Ministry of Industry and Trade (MoIT) is drafting a circular providing guidance for the application of safeguard measures for textile and apparel products under the CPTPP.

Vietnamese firms should adopt International Financial Reporting Standards (IFRS) instead of current Vietnamese accounting standards (VAS) if they want to enhance transparency and become more attractive to investors.

The regulation on the private placement shares of a start-up company is sparking opposing public opinions as the regulation can pose potential risks and create overlaps with other laws.

The Government on June 26 issued Decree 57/2019/ND-CP on preferential export tariffs and special preferential import tariffs to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership ("CPTPP”) during the period of 2019 - 2022 (Decree 57).

The Government on June 24 issued Decree No. 55/2019/ND-CP (Decree 55) on legal assistance for small and medium-sized enterprises (SMEs).

The State Bank of Viet Nam has issued Circular No. 06/2019/TT-NHNN on foreign exchange management for foreign direct investment activities in Viet Nam.

Local media last month reported that Asanzo, a local electronics manufacturer currently holding more than 16 percent of Vietnam’s TV receiver market share, did not produce but imported spare parts from China, then assembled them into finished products with “Made in Vietnam” labels for domestic sale.

Condotel projects are blooming in the central city of Danang, with a strong supply in the pipeline, but there remains a gaping hole where specific market regulations should be. Binh An reports on how condotel development in Danang can move forward successfully as the market matures.

As new policies and trade deals change the focus of M&A inflows to Vietnam, the Vietnamese government is expected to remove legal barriers, create a positive environment for foreign investors, and push the divestment process at state-owned enterprises.

Foreign funds tend to pour a great deal of money into Vietnamese startups with novel ideas. However, there are still some hurdles to ensure the country becomes a big magnet for overseas investment into startups. Luu Van reports.

The new policies include regulations on penalties for administrative violations, conditions for special amnesty, legal assistance for small and medium-sized enterprises among others.

‘Made in Viet Nam’ products are required to have a localisation rate of 30 per cent and be partly produced in Viet Nam.