BUSINESS HIGHLIGHTS €“ APRIL 4-10
[11-04-2016] Economic outlook still bright despite growth slowdown, FDI attraction up 125.2% in Q1, exports to China up 10.38% and new wave of Japanese investment to arrive in Viet Nam are economic highlights from April 4-10.
BINH DINH ATTRACTS OVER US$137 MLN IN INVESTMENT IN Q1
[05-04-2016]The central province of Binh Dinh granted eight investment certificates and issued new business certificates to 167 enterprises with total registered capital of over VND3.16 trillion (US$137 million) in the first quarter of this year. Notable investment projects included the FLC hotel and shopping mall complex invested by Faros Construction JSC with a registered capital of over VND2 trillion (US$87 million) and a high-tech pig breeding farm worth VND300 billion (US13 million) in Phu Cat district.
FDI ATTRACTION UP 125.2% IN Q1
[05-04-2016] As of March 20, 473 new Foreign Direct Investment (FDI) projects were granted with investment certificates with a total registered capital of US $2.74 billion, a year-on-year increase of 125.2%, according to the Foreign Investment Agency, under the Ministry of Planning and Investment. Meanwhile, 203 operating FDI projects were added US$1.285 billion, up 107%.
VIETNAM INDUSTRIES ENCOUNTER TPP BARRIERS
[28-03-2016] The Trans Pacific Partnership (TPP), which was concluded in early February, will bring opportunities to Vietnam's businesses, especially those in the textile, garment and footwear sectors, but also barriers that they need to navigate to benefit, experts have said.
TPP TO MAKE POSITIVE IMPACTS ON VIETNAM€™S STOCK MARKET
[17-03-2016] The good impact of the Trans-Pacific Partnership is going to spill over to stocks of companies in other industries, not just stocks of companies in direct beneficiary sectors such as textiles, footwear and fisheries.
VN'S SOCIO-ECONOMIC DEVELOPMENT PROCESS NEEDS IMF'S HELP
[17-03-2016] Viet Nam expects that the International Monetary Fund (IMF) will assist Viet Nam in seeking preferential loans to serve the national sustainable economic development process, said State President Truong Tan Sang at his reception for IMF Managing Director Christine Lagarde on March 16.
UN DEVELOPMENT BODY HELPS VN INDUSTRIAL SECTOR CREATE STRATEGIES
[16-03-2016]Prime Minister Nguyễn Tấn Dũng has approved the portfolio of a project funded by a United Nations body on development policies and strategies for the industrial sector through capacity building.
VN€™S SMALL AND MEDIUM SIZED ENTERPRISES STRUGGLE FOR CREDIT
[15-03-2016] Rising demand for credit across Vietnam’s private sector is expected to drive bank loan books above the highs recorded last year. Lending from the country’s banking sector will increase by between 18 to 20 per cent this year, according to forecasts from the State Bank of Vietnam (SBV), on the back of strong economic growth.
