INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 3, 2022
1. Stability of dong under pressure of global headwinds
2. SSI Research: system liquidity still under pressure
3. End of the line for loan hopefuls as banks exhaust credit quotas
4. Cheap capital sources at most banks decline in Q2
5. Disbursed public investment up 22.5pct in July
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VIETNAM TENDERS DAILY- AUGUST 3, 2022
1. Semi-automatic pole beam casting system supply
2. Exploiting and tunnelling equipment supply
3. Mechanized equipment supply
4. Telecommunication system supply
5. Electric equipment and materials supply
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CHEAP CAPITAL SOURCES AT MOST BANKS DECLINE IN Q2
Focusing on increasing CASA – or the proportion of demand deposits out of total deposits – has been one of the top targets of many banks in recent years as it is a cheap capital source that helps banks have low input capital costs. Currently, demand deposits have very low interest rates of only 0.1 per cent per year.
M&A DEALS LIGHT UP PROPERTY MARKET IN FIRST HALF OF 2022
According to a Cushman & Wakefield (C&W) survey, the purchase of the Capital Place, a Grade A office building in the heart of Hanoi, by Viva Land from CapitaLand Development for 550 million USD, heated up the office M&A market.
U.S. REMAINS LARGEST IMPORTER OF VIET NAM’S COMMODITIES DURING JAN-JULY PERIOD
The U.S. remains the largest importer of Vietnamese goods over the last seven months of 2022, spending an estimated sum of US$67.1 billion, while China was the biggest exporter of goods to Viet Nam with US$72.6 billion over the same period.
LOTTE HOTEL SAIGON PRESS RELEASE
LOTTE HOTEL SAIGON unveils new room packages and special dining experiences this August. Spend your day off at one of Saigon's top 5-star hotels, where fine cuisine and high-class services await you.
SIX KEY GOALS OF VCCI IN LAST SIX MONTHS OF 2022
“In the first six months of 2022, VCCI has carried out a large amount of work, but the task in the last six months of the year still faces many challenges to achieve the set goals, requiring the united efforts of the Executive Committee,” said VCCI President Pham Tan Cong at the VCCI Executive Committee Meeting (7th Term) for the 4th time on July 30.
INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 2, 2022
1. Banks make more efforts to raise market share
2. Fintech companies accelerate business activities
3. Chances await, but solutions to difficulties needed to maximise EVFTA
4. Building on Vietnam's unique advantages
5. Vietnam's Overseas Investment Exceeds $350 Million
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