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Contents ISSUE 357, May 27, 2024

COVER STORY
Vietnam’s move towards sustainability includes a greater
focus on corporate and government bonds and addressing
the issues that have hampered development in the past.
While a recent conference hosted by the Hanoi Stock
Exchange looked at new products in the bond market and
the existing rules and regulations and possible changes, VET
co-hosted a seminar on the role credit ratings agencies may
play in market development. With significant capital needed
not only for Vietnam’s quest for net-zero emissions by 2050
but also for the continued recovery of business activities
and, hence, the economy, a revitalized bond market is
essential in mobilizing funds and diversifying away from
traditional long-based channels.

BANKING & FINANCE
ECONOMY - POLICY
Reflecting performance Business results for Q1 shown in
A world of woe Exports and imports remain at the mercy of
stock prices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .34
global events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6
Focus on fine-tuning Planning for corporate bond to address
Capital sits idle ODA funds often mired in red tape . . . . . . . . . . . . . . . . . .8
problem areas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36

AMBASSADOR TALK
PROPERTY
Partners for the planet Ambassador of Italy, H.E. Marco della
A degree of disquiet Draft decree on land use fees and rents
Seta, on enhancing bilateral relations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10
garners proves contentious . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .38

EXPERT PERSPECTIVE Cash injection New changes to the Land Law to permit prop-
erty purchases by overseas Vietnamese . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40
New sources of growth UK Trade Commissioner for Asia-Pa-

cific, Mr. Martin Kent, discusses Vietnam - UK trade . . . . . . . . . . . . . .12 BIZ TRAVELER
Down to earth Domestic airfare hikes making their presence
BUSINESS REPORTS
felt in tourism . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .42
Watching & waiting; Price to pay; Beyond mere obligation 28

DIGITAL BIZ
Answers at your fingertips VET releases AI Chatbot . . . . . . . . . .42
INTERVIEW

Italian enterprises have been actively investing in Vietnam
for almost three decades, with a focus on manufacturing and
consumer goods.(P. 10)

H.E. Marco della Seta
Ambassador of Italy to Vietnam
DESIGN BY VET MEDIA

VIETN AM ECONOMIC TIMES

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ISSN 2734 - 9683 - LICENCE No. 272/GP-BTTTT ON JUNE 26, 2020, PUBLISHED SEMI-MONTHLY BY THE VIETNAM ECONOMIC ASSOCIATION, PRODUCED IN VIETNAM AND PRINTED AT TIEN PHONG PRINTING AND COMMERCE JOINT STOCK COMPANY. © ALL RIGHTS RESERVED
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