POLICIES NEEDED TO BOOST PRODUCTION LINKAGE, LOCALISATION RATE: INSIDERS
Policies are needed to boost the number of domestic enterprises participating in the supply chain of multinational companies, and a boost is necessary in the localisation rate of the processing and manufacturing industry, which now remain modest, insiders said.
VIETNAM’S DIGITAL ECONOMY SETS HIGH GROWTH Q1
According to the ministry’s report, revenue of the industry in March was estimated to hit $14.15 billion), up 30 per cent on-month, thus increasing its total revenue to $23.85 billion in the first quarter, down 3 per cent on-year, and meeting 20 per cent of the yearly target.
RETAIL ENERGY PRICING IN PLANNING
The Ministry of Industry and Trade (MoIT) was tasked with completing the plan to modify the average retail price of electricity and submitting it to the government in accordance with the March resolution by the government at the monthly meeting.
ENHANCING APPEAL OF ECONOMIC AND INDUSTRIAL ZONES
Binh Dinh province defines that developing industrial zones and economic zones is one of the new engines of growth and development. In order to attract investment capital and develop economic zones and industrial zones, the province has created many competitive advantages thanks to the open investment environment, simple and streamlined administrative procedures.
VIETNAM NEEDS HUGE CAPITAL FOR SEAPORT DEVELOPMENT
As of October 2022, Vietnam had 296 ports about 107 km in length (five times that of 2000). International gateway ports have been established in the northern and southern regions, with Lach Huyen wharf area (Hai Phong) and Cai Mep wharf area (Ba Ria-Vung Tau) capable of accommodating container ships up to 145,000 tons and 214,000 tons, respectively.
MAJOR INVESTMENT RECIPIENT IN SOUTHERN CENTRAL COAST
With available local advantages, good infrastructure preparations in industrial zones, smooth traffic connectivity and abundant human resources, Binh Dinh province is considered a top destination for companies and investors.
VIETNAM TENDERS DAILY- APRIL 10, 2023
1. HQ drilling materials supply
2. Fuel and water hoses supply
3. Electric motor valve and manual valve supply
4. Pneumatic valves and accessories supply
5. Individual protection equipment supply
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INTELLASIA FINANCE & BUSINESS NEWS - APRIL 10, 2023
1. Interbank interest rates unexpectedly increase by 4 times
2. HCM City's banking sector assists businesses
3. Vietnam to take advantage of demographics to drive economy
4. An Giang's GRDP ranks fifth in Mekong Delta region
5. Changes needed in nursing sector
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