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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JUNE 30, 2022

1. Public Bank launches its Mobile banking application in Vietnam
2. Inflation not a domestic problem in Vietnam
3. HCM City's economy continues strong recovery momentum
4. Vietnam enjoys trade surplus of 710 million USD in six months
5. Supporting small and medium-sized enterprises to recover after the pandemic
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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- JUNE 30, 2022

1. Labour protection jacket supply
2. Stud bolt and gasket supply
3. Exploiting and tunnelling equipment supply
4. Equipment and machinery supply
5. Mechanical equipment supply
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VIETNAM ECONOMY INVESTMENT

VIETNAM POSTS HIGHEST Q2 GDP GROWTH IN DECADE

The country’s GDP growth this quarter sent the figure in the first half of the year to 6.42%, the highest for the period in three years and higher than the 2.04% and 5.74% in the same period of 2020 and 2021. However, the growth rate was lower than the 7.28% and 6.98% in the first half of 2018 and 2019.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

LOGISTICS HUMAN RESOURCE DEVELOPMENT - KEY TO SERVICE COMPETITIVENESS IMPROVEMENT

To overcome the inadequacies and create more favorable conditions for logistics human resource development in general and logistics training in particular, the Minister of Home Affairs issued Decision 568/QD-BNV dated April 30, 2021 allowing the establishment of the Vietnam Association for Logistics Manpower Development.

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VIETNAM ECONOMY INVESTMENT

VIETNAM CONTINUES TO BE ONE OF THE TOP FDI RECEIVERS IN ASEAN

According to the latest report by HSBC, total FDI to ASEAN-6 (Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines) has averaged nearly $127 billion per year since 2010, approximately three times more than the average over the previous decade – the average for 2000-09 was $41 billion.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JUNE 29, 2022

1. No home loans against legally incomplete projects: central bank
2. Many banks raise annual savings interest rates to over 7pct.
3. Circular economy is key to sustainable development, says minister.
4. Hai Phong attracts more foreign direct investment in H1
5. Ministry listens to firms' difficulties, pledges to raise support
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VIETNAM ECONOMY INVESTMENT

EXPORT GROWTH RATE PROJECTED TO REACH 6-7% ANNUALLY IN 2021-2030

A strategy to 2030 sets sustainable targets with a balanced import-export structure in order to sharpen competitive edge and bolster brand development for Vietnamese products. The idea behind the plan is to raise Vietnam’s position in the global supply chain and serve as momentum for sustainable economic development. The target has been set at an average export growth rate of 6-7% to 2030.

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VIETNAM ECONOMY INVESTMENT

NEWLY-ESTABLISHED BUSINESSES IN H1 EXCEED 70,000 FOR FIRST TIME

There were 76,233 newly-registered enterprises in the first six months of this year, an increase of 13.6 per cent compared to last year. This is the first time that the number of newly-established enterprises in the first six months has exceeded 70,000.


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