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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- JANUARY 09, 2019

1. Ventilation equipment supply and installation
2. Medical equipment, materials, tools supply-bid extend
3. Antenna processing and manufacturing
4. Mechanical system processing and manufacturing
5. Materials and spare parts supply
----and more news

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VIETNAM ECONOMY INVESTMENT

HKTDC RESEARCH - VIETNAM: MARKET PROFILE

Vietnam’s shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.

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VIETNAM ECONOMY INVESTMENT

CPTPP TO RAISE NATIONAL GDP

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help raise Việt Nam’s gross domestic product (GDP) by 1.3 per cent, according to an official from the Ministry of Planning and Investment (MPI).

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PROPERTY / INDUSTRIAL ZONE

FOREIGN INVESTORS POURS $321 MILLION INTO VSIP QUANG NGAI

Four foreign companies will be injecting $321 million of new investments in VSIP Quang Ngai. The investment registration certifications were presented to the companies at the VSIP Quang Ngai Investors’ Gathering and Investment License Presentation event.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

QUẢNG TRỊ GETS PM APPROVAL FOR $614 MILLION PORT PROJECT

The central province of Quảng Trị is going to build a seaport at a cost of VNĐ14 trillion (US$614 million) at local Mỹ Thủy Beach in an attempt to boost development of the province’s key economic zone.

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BANKING / FINANCE / INSURANCE / TAX

LARGE BANKS CONCERNED ABOUT RAISING CAPITAL

According to the National Financial Supervisory Commission (NFSC), the average capital adequacy ratio (CAR) of the credit institution system in 2018 has reached 11.1 per cent thanks to the 12.2 per cent surge in owner’s equity capital and a 10.8 per cent rise in total risk weighted assets. Regulatory Tier 1 capital to risk weighted assets has thus been calculated at 8.8 per cent for 2018, a higher ratio than 2017’s 7.8 per cent.

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VIETNAM ECONOMY INVESTMENT

REAL FOREIGN INVESTMENT AND M&A CAPITAL UP DESPITE NOMINAL DROP

Even though the total foreign-invested capital of the whole year was a bit lower than the last year, the disbursed capital and investments in M&A saw a marked increase.

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VIETNAM ECONOMY INVESTMENT

EIGHT GROUPS OF SOLUTIONS FOR FDI ATTRACTION TO 2030

The Ministry of Planning and Investment drafted a project to improve institutions and policies and raise FDI quality and performance to 2030. A lot of new orientations and solutions are recommended.