TEXTILE AND GARMENT SECTOR BEARS THE BRUNT OF GLOBAL UNCERTAINTIES
Textile and garment businesses are facing pressure due to weaker purchasing power caused by mounting inflation and other global uncertainties. Sharp export declines were recorded in the US, Europe, Japan, the Republic of Korea (RoK), and China, according to the General Statistics Office.
IMMIGRATION DEPARTMENT WARNS OF ILLEGAL E-VISA APPLICATION WEBSITES
The e-visa fee of US$25 as regulated by the Ministry of Finance, should be paid via the electronic payment gateway, the department noted, as there are a number of businesses and individuals who publish false information on some websites and social networks to seek to gain illegal profits from e-visas issuance.
PREVIOUS FINANCIAL CRISES THUS FAR AVERTED VIA STABLE MOVES
The increase of the central exchange rates and adjustment of the exchange rate band of the State Bank of Vietnam are suitable with the trends of other currencies at a lighter level. The State Bank of Vietnam (SBV) last week adjusted the USD to VND exchange rate from ± 3 per cent to ± 5 per cent.
BUDGET HOUSING STILL IN SHORT SUPPLY
The real estate market remained unstable in January-September this year, with social housing and low-cost commercial apartments still in short supply, according to the Ministry of Construction.
VIETNAM TENDERS DAILY- OCTOBER 25, 2022
1. Fresh water supplying truck supply
2. Equipment and tools supply
3. MV frequency converter supply
4. Fire alarm system supply and installation
5. Optical materials and accessories supply
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SPECIAL DISCOUNT FOR HKBAV MEMBERS
Our Festive Programs for MINOR properties Anantara Hoi An Resort, Anantara Quy Nhon Villas, Avani Quy Nhon Resort & The Vietage. Special Discount 20% applied for HKBAV Members for room & events booking made by 30 November 2022.
INTELLASIA FINANCE & BUSINESS NEWS - OCTOBER 24, 2022
1. Business face obstacles as forex market heats up
2. 22 bank stocks decline in the week of October 17th 21st
3. Free Trade Agreements not yet fully understood
4. Exports bring in more than $14 billion in first half of October
5. Vietnam likely to yield $10 trade surplus this year
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VIETNAM TENDERS DAILY- OCTOBER 24, 2022
1. Speciality automobile supply
2. Equipment and trucks supply
3. Materials , spare parts supply
4. Wastewater pump supply and installation
5. Automatic queueing system supply
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