FDI INFLOWS REACH US$15.27 BLN IN FIRST SIX MONTHS
The total inflows of foreign direct investment capital reached US$15.27 billion in the first six months this year, down 2.6 percent compared to the same period last year.
INTELLASIA FINANCE & BUSINESS NEWS - JUNE 28, 2021
1. Vietnam bond market estimated at $71 billion by Q1
2. Businesses want bank loans rolled over, interest waived
3. Economic growth targets hard to achieve due to Covid-19 pandemic
4. Minister: Vietnam looks towards sustainable agriculture
5. Vietnam wood exports to rise to new record level
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VIETNAM TENDERS DAILY- JUNE 28, 2021
1. Semi truck supply-bid cancel
2. Automatic grease spraying system supply
3. Dissociation gearbox supply
4. Compressed gas pump supply
5. Equipment and materials supply-bid cancel
----and more news
PCR COVID TEST - SPECIAL OFFER FOR CATHAY PACIFIC PASSENGER
Another special offer for Cathay Pacific’s passengers who need to take PCR Covid-Test before travelling out from Vietnam. You can take your test at Family Medical Practice’s coordination centers in Hochiminh City (District 1, 2 and 7) or in Hanoi (Van Phuc). Enjoy your worry-free flight!
DRAFT DECREE TO TIGHTEN RULES ON FOREIGN INVESTMENT IN MULTI-LEVEL MARKETING
In the future, foreign investors who wish to register for multi-level marketing (MLM) activities in Việt Nam may need three consecutive years of experience in multi-level marketing in another country.
LONG-TERM PROPERTY PREFERRED, NOT HIT-AND-RUN
The COVID-19 pandemic not only changed all plans of investors but also made investors in Vietnam more cautious. The long-term investment trend is clearly taking shape in the market. That is also the reason why investor confidence is still quite strong despite the complicated development of COVID-19 pandemic.
GROWTH SET TO REACH 6-7% IN SECOND HALF
After the fourth wave of COVID-19 emerged, some organizations lowered their growth forecasts for Vietnam. Before the ongoing COVID-19 outbreak, Oxford Economics, IMF, World Bank and HSBC forecast Vietnam's economy to grow by 6.6-6.8% this year. At present, their forecasts have been revised down.
MACROECONOMIC PERFORMANCE REMAINS STEADY
Macroeconomic stability, controlled inflation, the 5-month consumer price index (CPI) growth of 1.29% - lowest since 2016, created room for price management targeted at CPI growth of less than 4%, said Minister of Planning and Investment Nguyen Chi Dung at the 57th Meeting of the National Assembly Standing Committee on June 15, 2021.
