Want to be in the loop?
subscribe to
our notification
Business News
INTELLASIA FINANCE & BUSINESS NEWS - JULY 21, 2017
FINANCE
Reference exchange rate down 1 VND
SBV issues bills to shore forex reserves
Govt moves to enforce resolution on bad debt
How to mobilise US dollars?
UOB receives in-principle licence for Vietnamese subsidiary
Foreign investor undergoing comprehensive review to acquire OceanBank
HSBC cuts Vietnam's GDP growth forecast to 6pct
ADB upgrades Asian growth outlook while leaving Vietnam's unchanged
Agro-forestry-fishery exports target $35 billion next year
Vietnam's exports to Algeria grow 37pct
Vietnam, Pakistan, Burma to drive 2018 global rice exports
India firms seek to boost textile machinery exports to Vietnam
HCM City's industrial production index rises 7.51pct
Hanoi's agri-production hits over 818 million USD in 6 months
Small agri production must end
Petrol prices increased by over 300 VND per litre
Domestic materials for E5 fuel in short supply
Power price hike must be closely checked, says deputy PM
Vietnam expecting fewer power cuts for the rest of 2017
Appropriate policies needed to unlock $35b tourism industry
Workers over 35 squeezed out of jobs at foreign-invested firms
HCM City aims to have 100MW of renewable energy by 2020
PM asks Ben Tre to prioritise land funds for investors
New HCM CityCan Tho rail line under consideration
Vietnam borrows funds from Japan to cope with salinity intrusion
Private companies' influence on economy growing
How many private businesses are there in Vietnam?
Why do Vietnamese businesses always fear of failure?
List of the largest M&A deals in 2016-2017
Lagging M&A scene looking for a big push
Private-label products hold high potential
Which way for e-wallets ecosystems or payment instruments?
Enterprises in 20 public sectors allowed to turn into joint stock ones
Local firms still vague about Asean Economic Community
VCA plans support polices to spur cooperatives' development
Experts: Domestic companies should develop strong brand names
Infrastructure JVs earn nod at meet
Tourism market offers opportunities for start-up businesses
Foreign businesses eyeing domestic cement
Cybersecurity firms boom in Vietnam
Japanese restaurants mushroom in Vietnam
Vietnam cities garner heightened interest of hospitality investors
Japanese capital flows in real estate in Vietnam
Laos seeks to woo Vietnamese investors
BIZ NEWS
Business Briefs July 21, 2017
VN30 stocks dampen market recovery
Markets decline on rubber, retail stocks
SSI Asset Management Company launches bond fund
Promising M&A activities on the stock market
Tradincorp to trade on UPCoM on July 24
F&N's subsidiary undeterred in appetite for Vinamilk shares
First Energy Efficiency Network launched in Vietnam
Become entrepreneurs, prime minister exhorts youth in Ben Tre
Hanoi faces school shortage in new urban areas
Le Thanh-Oyadav border gates opened to traffic
Nghi Son Economic Zone to get luxury resort
Use finite resources optimally, PetroVietnam told
AC Energy readies Vietnam investments
Pou Chen awaits investment certificate for new footwear factory in second city
Japanese company buys 2.2pct of Pizza 4P's
Work starts on $5.1m Soc Trang shrimp farm
Tuong An Vegetable Oil's 1H pre-tax profit up 34pct
Vietnamese firm found for holding illegal tour to Thailand
Vietnam Airlines offers 20pct discount on domestic flights
Many green power technologies exhibited
Please click here for details: Finance Vietnam News - July 21, 2017
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.