Vietnam · Country watch
Vietnam's Q3 GDP Growth, Electricity Law Revision
Vietnam's GDP surged by 9.95% in Q3, while a revised Electricity Law aims to ease investment barriers.
The picture Improving
Vietnam's business conditions are improving with a 9.95% GDP growth in Q3 and regulatory changes in the energy and finance sectors, fostering investment and market activity.
In this briefing Trương Thanh Hoài · Ministry of Industry and Trade · National Assembly (Vietnam) · Ministry of Finance (Vietnam) · Vietnam
Regulation
Revised Electricity Law to Ease Investment Barriers
The Ministry of Industry and Trade plans to submit a revised Law on Electricity to the National Assembly in October, aiming to remove investment barriers, according to Vietnam News Economy. Deputy Minister Trương Thanh Hoài stated that the revision will facilitate the mobilisation of resources for power generation and grid development. This move is expected to address ongoing challenges in the energy sector and attract more investment.
Impact Energy investors will find it easier to mobilize resources for power projects.
Sources: Vietnam News Economy ↗
Finance Ministry to Amend Securities Law
The Ministry of Finance plans to amend the Securities Law to attract more large enterprises to the stock market, VnExpress reports. The amendment aims to increase the supply of securities and improve market oversight, following the recent upgrade of Vietnam's stock market classification. This change is expected to enhance market liquidity and attract institutional investors.
Impact Large enterprises and institutional investors gain from improved market conditions.
Sources: VnExpress ↗
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Nothing significant reported today.
Markets
Vietnam's GDP Expands 9.95% in Q3
Vietnam's GDP expanded by 9.95% year-on-year in the third quarter, marking the fastest-growing quarter this year, according to VnExpress International Business. This growth reflects strong economic performance despite global challenges. The expansion is driven by robust domestic consumption and export activities, providing a positive outlook for the country's economic trajectory.
Impact Exporters and domestic businesses benefit from strong economic growth.
Sources: VnExpress International Business ↗
Trade
Nothing significant reported today.
Politics
Nothing significant reported today.
Also today in Vietnam
- Prime Minister requests stronger efforts to tap growth potential — Vietnam News Economy
- Kiểm soát giá hàng hóa cuối năm — Thanh Nien Kinh tế
- Fed có thể không tăng lãi suất trong tháng này — VnExpress
- Loạt giải pháp cho mục tiêu tăng trưởng 12,5% trong quý IV — Dan Tri Kinh doanh
- Thứ trưởng Bộ Tài chính: Sẽ sửa Luật Chứng khoán, trình Quốc hội tháng 10 — Dan Tri Kinh doanh
- Bắc Ninh targets logistics as key economic sector — Vietnam News Economy
- Chỉ số giá vàng tăng gần 43%, lạm phát tăng 4,26% — Thanh Nien Kinh tế
- Việt Nam sees new push to attract green FDI — Vietnam News Economy
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
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