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Việt Nam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.

It is believed that the enhancement will help shore up investor confidence in the Vietanmese stock market after recent scandals.

Shares bounced back strongly in the afternoon session, driven by increasing demand at the support price levels.

The Sài Gòn-Hà Nội Commercial Joint Stock Bank (SHB) has teamed up with the International Finance Corporation (IFC) to increase access to finance for small and medium enterprises (SMEs) in Vietnam.

In 2023, the company needs to get out of the current state of loss and gradually make a profit to offset the accumulated losses of previous years.

Twelve out of 13 provinces in the region have signed up for the plan. They have committed to reaching 200,000 ha next year, 719,000 ha in 2025, and over one million ha in 2030.

The 50 per cent registration fee reduction scheme, previously proposed by the government for cars made and assembled in Việt Nam, should apply to imported vehicles as well, according to the Vehicles Importers Vietnam Association (VIVA).

The Silicon Valley Bank collapse by itself will end up being neutral for Việt Nam’s stock market and economy, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a report.

By late 2022, 8,689 OCOPs had been scored, with 65.5 per cent of the products being labeled three-star, 33.6 per cent four-star, 0.7 per cent potential five-star, and 0.2 per cent five-star.

The Ministry of Health estimated the market at US$6.9 billion in 2021 while BMI Research forecast the market to reach $16.1 billion in 2026 with a compound growth rate of up to 11 per cent.