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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - MARCH 14, 2023

1. Credit growth slowing down, raising fear of business contraction
2. Vietnamese banks' CARs approaching the world standards
3. RoK investors inject $81.3 billion into Vietnamese market
4. Investment capital in Ba Ria-Vung Tau slows in Q1
5. Domestic steel enterprises suffer falling demand
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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- MARCH 14, 2023

1. Replacing materials supply
2. Automatic queuing machine system supply
3. Equipment and materials supply
4. Cutter, glue and isolator supply
5. Speciality electronic equipment supply
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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - MARCH 13, 2023

1. VN's foreign exchange reserves reach $92.43 billion
2. Credit growth slowing down, raising fear of business contraction
3. How seven debt collecting firms mentally torture debtors
4. PM calls for focus on economic diplomacy to attract foreign investment
5. VN needs funds to increase national petroleum reserve
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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- MARCH 13, 2023

1. High-class goat foot crane supply
2. Oil tanker mooring lines supply
3. Ship preservation materials supply
4. Materials and equipment supply
5. Consumable materials supply
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PROPERTY / INDUSTRIAL ZONE

REAL ESTATE MARKET WON’T RECOVER UNTIL LATE 2024: EXPERTS

Speaking at a forum last Friday, Nguyễn Quốc Hiệp, chairman of the Việt Nam Association of Construction Contractors, said the market would continue facing prolonged hurdles such as a lack of access to capital, credit tightening, legal bottlenecks and delays in bond payments.

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BANKING / FINANCE / INSURANCE / TAX

CREDIT GROWTH SLOWING DOWN, RAISING FEAR OF BUSINESS CONTRACTION

The banking system's liquidity is currently in excess with more than VNĐ50 trillion (US$2.1 billion), higher than the SBV’s mandatory requirements. The credit growth quota of banks is also very abundant in the wake of the State Bank of Vietnam (SBV)’s credit growth quota granting early this month.

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VIETNAM ECONOMY INVESTMENT

SOLAR DATA SCRUTINY THE LATEST PAIN POINT FOR PDP PROGRESS

The country’s Power Development Plan VIII is now roughly three years behind schedule and way off the prime minister’s demand that “preparation must be one step ahead” because of disparities in solar power statistics.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - MARCH 10, 2023

1. Digital banks attract customers
2. People fear shorter insurance payment period will reduce pensions
3. Vietnam's refined fuel imports hit 1.7 billion USD in January-February
4. FIEs frustrated with new abode rules
5. Ambitious action plan needed to lure international tourists
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