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VIETNAM ECONOMY INVESTMENT

LARGE BANKS CUT LENDING INTEREST RATE TO AID BUSINESSES

On Wednesday, four State-owned banks said they would cut interest rates on đồng loans in the Government’s priority sectors to support firms in 2019, starting from Thursday.

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PROPERTY / INDUSTRIAL ZONE

NGHI SON ECONOMIC ZONE TO BE EXPANDED

The total area of Nghi Son economic zone under planning will increase nearly tenfold to 106,000ha, including almost 66,500ha of land on the mainland and islands and over 39,500ha of sea surface.

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VIETNAM ECONOMY INVESTMENT

2018 A BANNER YEAR FOR LOCAL EQUITY MARKET

The net value of foreign capital flowing into Việt Nam’s equity market in 2018 hit US$2.8 billion, according to State Securities Commission vice chairman Phạm Hồng Sơn.

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VIETNAM ECONOMY INVESTMENT

CENTRAL PROVINCE ATTRACTS $5.8B

The central province of Quảng Nam granted 26 new foreign direct investment (FDI) projects with total captial of nearly US$300 million in 2018, bringing the total number of FDI projects in the province to 169, worth $5.8 billion.

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VIETNAM ECONOMY INVESTMENT

ECONOMIC GROWTH COULD REACH 6.9% IN 2019: VEPR

Việt Nam’s economic growth could reach 6.9 per cent in 2019, an increase of 0.1 per cent compared to the 2019 socio-economic development plan adopted by the National Assembly, in the context that Việt Nam is benefiting from the US-China trade war.

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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- JANUARY 11, 2019

1. Maintenance Consumables of Vehicles supply
2. Operation and Maintenance Materials supply
3. Gas processing and absorbing system supply
4. Gas processing and absorbing system supply
5. Gridline construction-bid exchange
----and more news

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BANKING / FINANCE / INSURANCE / TAX

FINANCE GOES HIGH-TECH

The 2019 Asian Financial Forum focuses on innovation, launching the new FinTech Showcase. Finance has been a pillar of Hong Kong’s economy for many years – visitors are always impressed by the glass towers of the Bank of China, HSBC and Bank of East Asia buildings which dominate the Central skyline.

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CHARITY / EXHIBITION / OTHER EVENTS

DONATION FOR TRA LENG BOARDING HOUSE IN QUANG NAM PROVINCE

In 2018, much efforts were put into raising funds for a new boarding house, in which HKBAV has voted to donate USD $3,300 (VND75,000,000) for The Bunk Bed System to this integrated boarding house for ethnic minority students. In December 2018, the project is completed with the assistance from a number of corporate donors.