NEW POLICY DRAFTED TO HELP NON-BANK CREDIT INSTITUTIONS DEVELOP FURTHER
The draft circular regulates filings, procedures and steps for granting establishment and operation licences to credit institutions in cases that commercial banks contribute capital or purchase shares of credit institutions, which causes a change in the legal form of credit institutions. The SBV will grant the establishment and operation licences to credit institutions in the cases.
DANANG MAKES PUSH FOR FREE TRADE ZONE
Danang People’s Committee said that the forum aims to introduce the potential in logistics with the Danang FTZ model to attract investment, as well as enhance exchange activities, and support business connections through exhibitions and introductions of products and services in the industry.
VIETNAM PROJECTS STABLE ECONOMIC OUTLOOK
Vietnam's economy grew by 5% in a challenging 2023 thanks to the Government's policies, according to the IMF. Property turmoil, financial stress and sharp decline in exports hurt the economy. Recovery started in late 2023 on reviving exports and tourism, as well as the support of appropriate expansionary fiscal and monetary policies. Inflation rose in 2024 mainly due to rising food prices although core inflation remained relatively low and stable.
A PASSION TO MAKE THINGS BETTER
Mr. Sami Kteily, Executive Chairman of Pebsteel Buildings, and Mr. Adib Kouteili, Co-Founder and Director of Pebsteel Buildings, tell about Pebsteel’s 30-year journey of innovation, resilience, and growth in Vietnam.
VIETNAM INTERNATIONAL BAKERY SHOW
The Vietnam International Bakery Show 2024 (VIBS 2024) is organized by the Vietnam Bakery Associations and the Taipei Bakery Association, with the partnership of Asia Bakery Confectionery Joint Stock Company (ABC) and support from the Food and Foodstuff Association of Ho Chi Minh City (FFA) and the Vietnam Dairy Association (VDA). The event aims to promote trade and establish a strong and reputable business platform for the bakery industry in Vietnam.
INFOGRAPHIC SOCIAL-ECONOMIC SITUATION IN THE OCTOBER AND TEN MONTHS OF 2024
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
WINE TRAINING: WINES OF THE WORLD - SPAIN & LATIN AMERICA
This training program aims at exploring the world of fine wines and wine appreciation. Participants shall progressively build confidence in their relationship with wine appreciation throughout the workshop, with a greater focus in Spanish and Latin-American wines.
HANOI, HCM CITY APARTMENTS NOW OUT OF REACH FOR MOST LOCALS
According to a recent report by the National Assembly’s supervision delegation on the real estate market laws, policies and social housing development, about 3,63 commercial housing and urban development projects were initiated in 2015-2023, covering a total area of nearly 11,200 hectares.
