BANKING FEES REDUCED TO HELP CUSTOMERS OVERCOME PANDEMIC EFFECTS
Many banks have reduced or even waived fees for interbank transfers and ATM withdrawals for the rest of the year following similar cuts by the National Payment Corporation of Việt Nam to support customers hit by the latest COVID-19 outbreak.
GEMADEPT REPORTS POSITIVE RESULTS BUT NEGATIVE FINANCIAL CASHFLOW
Gemadept Corporation, the owner of the largest Gemalink deep-water port in Vietnam, reported positive business results but negative cashflow in the first seven months of 2021.
INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 10, 2021
1. HCM City landlords struggle to repay bank debts as rents dry up
2. Many banks have new leaders
3. Pawn shop chain to issue $17 million worth of bonds
4. Fertiliser price hikes concern farmers in Vietnam
5. Hanoi invests efforts in developing key industrial products
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VIETNAM TENDERS DAILY- AUGUST 10, 2021
1. Materials and spare parts supply
2. Watering Truck supply-bid extend
3. Plates Production System supply
4. Seeding machine supply-bid extend
5. Bridge spare parts manufacture-bid extend
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CAT LAI PORT REPORTS DROPPING REVENUE WHILE FACING OVERLOAD IN H1
In the second quarter, the company gained a net revenue of VND66.4 billion ($2.89 million) and after-tax profit of VND19 billion ($826,090), respectively down 18 and 29 per cent on-year. Gross margin was down 2 per cent to 40 per cent.
INVITATION TO WEBINAR ON 12 AUGUST, 2021 (4-5PM HKT) - AFF 2022 WEBINAR SERIES
While the preparation work of the AFF 2022 is well underway, we would be arranging a series of webinars again this year to build up the momentum. Echoing with the AFF 2022 theme - “Navigating the Next Normal towards a Sustainable Future”, three sessions of webinars, covering the topics of Family Office, Green Finance and Regtech respectively, will be organised to discuss key issues in the financial industry, to keep stakeholders abreast of the latest market development.
INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 9, 2021
1. High interest rates lure investors to real-estate firm bonds
2. Banks' deposit, lending growth slows down in HCM City
3. Which bank is most optimising operating costs?
4. Phones enjoy robust growth despite COVID-19 challenges
5. Southern agriculture, husbandry production hits roadblock
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VIETNAM TENDERS DAILY- AUGUST 9, 2021
1. Outboard marine engine supply
2. Gas discharge system supply
3. Equipment and machinery supply
4. Vulcanizing tape splicing machine supply
5. Materials and spare parts supply-bid extend
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