VIETNAM ESG INVESTOR CONFERENCE 2023
The leading ESG-lens investment conference, with participation from 50+ businesses over two days, will bring together key stakeholders to look at the opportunities in Vietnam for sustainable finance and ESG investing and explore high-yield returns on partnerships aimed to meet the needs and challenges of Vietnam’s dynamic society and environment.
VIETNAM PROJECTED TO BECOME 20TH LARGEST GLOBAL ECONOMY
According to the International Monetary Fund (IMF), Vietnam's GDP based on purchasing power parity (PPP) stood in 25th position globally in 2022, ranking just below countries such as Australia, and Poland.
AROUND 88,000 FIRMS EXIT MARKET IN JANUARY-MAY
Around 25,500 firms have halted their operations and are awaiting dissolution, surging 34.1% against the year-ago period, while 7,300 others have completed procedures for disbandment, a 6.5% year-on-year rise.
SECOND HOME REAL ESTATE ON THE SLOW PATH TO RECOVERY
According to a report by DKRA Vietnam, the supply of villas and town houses across the country continued to decrease from the end of the second quarter of 2022. Specifically, in April only two projects were opened for sale, providing 12 apartments to the market, down 69 per cent from the previous month and down 98 per cent compared to the same period last year.
INTELLASIA FINANCE & BUSINESS NEWS - MAY 30, 2023
1. Central bank demands stronger promotion of cashless payment
2. Banks race to attract foreign capital
3. Cake digital bank wins innovative product award
4. CPI rose slightly by 0.01 per cent in May
5. Vietnam-China border trade activities see rapid recovery
----and more news
VIETNAM TENDERS DAILY- MAY 30, 2023
1. Specialized equipment supply
2. Garbage squeezing truck supply
3. Prestressed concrete sleepers supply
4. Replacement pads materials supply
5. Telecommunication Equipment supply
----and more news
VIETNAM’S OUTBOUND INVESTMENTS DOWN IN JAN-MAY
Vietnamese businesses have poured US$316.4 million into their projects overseas in the past five months, down 6.5% against the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
CUT ON AUTOMOBILE REGISTRATION FEES TO FACILITATE AUTO INDUSTRY
Nguyễn Ngọc Thanh, Deputy Director of the Department of Industry under the Ministry of Industry and Trade, said that many reasons greatly affected the consumption of automotive products such as difficult access to bank capital, high interest rates, high exchange rates and inflation, leading to high inventory of auto products in recent years.
