INTEREST RATE CUTS SEEN EATING INTO BANKS’ PROFITS
The chief economist of the Bank for Investment and Development of Vietnam (BIDV), Can Van Luc, has predicted the banking system may earn lower profits in 2023 than in previous years due to falling interest rates, the Vietnam News Agency reported.
MOF PROPOSES 2 PER CENT VAT REDUCTION UNTIL MID-2024
The Ministry of Finance (MoF) has recommended reducing VAT by 2 per cent for the first six months of 2024 on some groups of goods and services that are currently subject to the 10 per cent rate.
EXPORT PROMOTION AND BUSINESS MATCHING CONFERENCE - LONG AN 2023
Ministry of Industry & Trade of Vietnam in collaborate with People's Committee of Long An Province would like to invite you to attend the Export Promotion And Business Matching Conference Long An 2023.
SUMMER COOLING WITH OTTIMO HOUSE
Take a trip to a lush green garden in the heart of Saigon and enjoy seafood buffet or outdoor cocktail next to the “Urban Oasis”. The journey to open your senses in peaceful and relaxing environment will be even more poetic, promising to be an unforgettable vacation experience.
CHAU DUC INDUSTRIAL PARK
Chau Duc Urban Industrial Park & Golf Course, located in Chau Duc district, Ba Ria - Vung Tau province, is planned based on the great successful experiences of many industrial parks belong Sonadezi Corporation such as Bien Hoa 1 IP, Bien Hoa 2 IP, Go Dau IP, Long Thanh IP, Amata IP(business venture), etc.
VIET NAM EYES EMERGING STOCK MARKET STATUS BY 2025
According to Phương, in terms of the legal framework, the 2019 Securities Law, the 2020 Investment Law, the 2020 Law on Enterprises, and the documents guiding their enforcement have created optimal conditions for investment flows, facilitated access to information in English as well as registration and opening accounts of investors, and enhanced market transparency, thus gradually meeting the criteria for market upgrade.
NEW OFFICES OPEN IN THU THIEM NEW URBAN AREA
The Ho Chi Minh City office market has shown signs of vibrancy in Q3 with the introduction of two new office buildings in Thu Thiem New Urban Area of Thu Duc City, spanning 85,000 square metres in total. The Mett and The Hallmark are both Grade A buildings in a convenient location only five minutes from Nguyen Hue Boulevard – the heart of Ho Chi Minh City – with green certificates. Both have achieved positive pre-commitment leasing results.
PUBLIC INVESTMENT CRUCIAL FOR VIETNAM’S ECONOMIC GROWTH: ADB DIRECTOR
Vietnam’s maintaining the momentum of public investment will be crucial because it will rejuvenate economic activities, generate employment, and enhance domestic consumption, said ADB Country Director for Vietnam Shantanu Chakraborty.
