Want to be in the loop?
subscribe to
our notification
Business News
INTELLASIA FINANCE & BUSINESS NEWS - JANUARY 12, 2018
FINANCE
Reference exchange rate down 7 VND
Interbank interest rate tends to increase sharply in the first week of the year
G-bonds worth over 7 billion USD issued in 2017
State Treasury enters bond market as special investor
Domestic lenders reclaim financial trust
New move: foreign chairs at state-owned banks
Difficult choices of bankers
Sacombank to use loan origination system
EIB okays new loan for metro line project in Hanoi
MobiFone to offload stakes in SeABank, TPBank
Vietinbank lowers interest rates for loans to five priority fields
'Life Protection 2018' press award launched
FTAs under negotiation between Vietnam and 60 world economies
Vietnam business eyes the world
Vietnam aims to become new economic tiger in Asia
PM: Vietnam must continue to pursue new growth model
Sustainable growth a 'marathon race': PM
Efforts called for stronger international economic integration
Improving productivity in the context of industrialisation
Vietnamese consumers the fifth most optimistic in the world
Positive equitisation and divestment outlook in 2018
New circular puts Asean incentives in SMEs' reach
Lower tax helps reduce E5 bio-fuel price
New emission standard fuels rough changeover
Customs revenue surpasses target
Single window launched for chemicals
Preferential policies designed for Da Nang hi-tech park
Manufacturing sector in dire need of manpower
Vietnamese manufacturers use high-tech to compete in productivity
Vietnam fashion industry suffers setback
Domestic pharmaceutical businesses can hardly retain market share
The most impressive events in the startup community in 2017
JLL: Supply of southern IPs relatively constant
Binh Thuan pledges to roll out red carpet for investors
Tra Vinh calls for investment in agricultural projects
Phu Yen pours over 2.1 trillion VND into aquaculture
Japanese businesses in Vietnam hunger for middle and senior staff
BIZ NEWS
Business Briefs 12 January, 2018
VN Index steady amidst rising profit earning
Market rally loses steam
The Vietnamese Stock Market and the Magic of Compounding
Real estate and stock markets to rise above market in 2018?
Hot bourse plays host to billionaires
Nearly $500 million spent on importing meat
Deputy PM urges ministries to address illegitimate fee collection at airports
Transport firms lower charges
Hanoi to develop additional 11 million sq.m of housing in 2018
City seeks more funds for metro lines 1, 2
Thai fruits, vegetables to flood Vietnamese market
VNR launches luxury trains on North-South route
Real estate brokers association opens office in Thanh Hoa
Dozens of illegal villas found in Danang
Thua Thien-Hue issues code of conduct for tourists
Four loss-making fertiliser projects likely to be revitalised
Phu Yen to get high-tech bitumen plant
Vietnam develops air routes to key markets
Vietnam Airlines ends year with record pre-tax profit
1,500 register to buy apartments in Phu My Hung's latest project, The Signature
Grab explains increase in share from bike fares
HCM City GrabBike drivers go on strike
Hyundai considers plant in Vietnam or Indonesia
Vung Ro Petroleum shakes hands with DenimoTech
Prosecutors seek life sentence for fugitive oil executive
Exchange programme promotes Vietnamese startups
HCM City to host Blockchain Week
Complast plastics exhibition opens in HCM City
Please click here for details: Finance Vietnam News - January 12, 2018
Related News
CUSTOMS BUDGET REVENUE EXPERIENCES 3% DECLINE IN Q1
Vietnam’s import and export value reached a total of US$145.59 billion in the first quarter (Q1) of 2024, marking a year-on-year growth of 18.2%. However, the customs budget revenue saw a 3% year-on-year decline, amounting to VND71,520 billion in the quarter, thereby achieving 19.1% of the full-year target.
RAPID LAW IMPLEMENTATION MAY PROPEL MARKET FORTUNES
“Investors and developers are looking forward to the implementation of the new law, which will remove obstacles for a range of projects that are struggling due to stalled procedures and lack of legality. For them, the earlier the better,” he said.
NATION URGED TO BUILD ON ECO-IP MODEL
Industrial parks (IPs) involved in an initiative that aims to help push them into the realm of being classed as eco-parks have seen improvements across a string of indicators, according to a review event in Ho Chi Minh City last week.
YEN LU INDUSTRIAL PARK: NEW DESTINATION FOR INVESTORS
Bac Giang is a destination chosen by many domestic and foreign investors thanks to its locational advantages and its most opening and favorable investment policies. Assisted by local authorities, Capella Land Joint Stock Company has effectively invested in industrial zones, especially Yen Lu Industrial Park - a new destination for investors, to contribute to the province’s success in investment attraction.
OPTIMIZING LEGAL AND REGULATORY FRAMEWORKS FOR EFFICIENT PUBLIC INVESTMENT DISBURSEMENT
According to the Ministry of Planning and Investment, a 1% increase in public investment raises GDP by 0.058%, and each VND1 disbursed stimulates an extra VND1.61 from the non-state sector. However, plan implementation often falls short at around 80% annually, despite government efforts.
NATION URGED TO BUILD ON ECO-IP MODEL
For the 2020-2024 project, three IPs were selected for the transformation including Deep C Industrial Zones in the northern city of Haiphong, AMATA City Bien Hoa in the southern province of Dong Nai, and Hiep Phuoc IP in Ho Chi Minh City. Over the last four years, the level of compliance with the international framework on eco-IPs for all pilot complexes has increased in terms of environment, economy, and management.