INTELLASIA FINANCE & BUSINESS NEWS - MARCH 22, 2021
1. HCM City receives record 6.1 billion USD remittances in 2020 despite pandemic
2. Banks' profit growth forecasted to be impressive in Q1/2021
3. Vietnam needs coal-fired plants for 15 years at least
4. HCM City to shorten time needed to handle enterprises' requests
5. Vietnam investors start embracing local startups
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INCREASING MARITIME TRANSPORT COST MAKING EXPORT DIFFICULT
Maritime transport costs have skyrocketed in recent months as the impact of the COVID-19 pandemic takes its toll, pushing import-export companies into a lot of difficulties.
HO CHI MINH CITY STAMPS EIGHT INVESTMENT PROJECTS FOR A TOTAL $1 BILLION
The city handed over approvals for the investment planning of five projects with a combined investment capital of nearly VND15 trillion ($652.17 million) and granted construction licences for the Co Giang apartment building project in District 1 with an estimated investment sum of VND3 trillion ($130.43 million).
VIETNAM TENDERS DAILY- MARCH 22, 2021
1. Industry gas supply- bid extend
2. Heat exchanger coil manufacture
3. Vertical finger plant supply-bid extend
4. Concrete pillars and girders supply
5. Equipment and materials supply
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CATHAY PACIFIC - SPECIAL FLIGHTS HKG-SGN
Cathay Pacific will operate special flight (CX799) from Hong Kong (HKG) to HCMC (SGN) on 31st March and 14th, 21st, 28th April.
PM SAYS REOPENING OF FLIGHTS, 'VACCINE PASSPORTS' SHOULD BE STUDIED
Prime Minister Nguyễn Xuân Phúc on Wednesday asked ministries to study reopening international flight routes as well as prepare for the use of 'vaccine passports' and controlled international trade.
MOBILE TRANSACTIONS IN VIETNAM TO GROW BY THREE TIMES BY 2025
Mobile transactions in Vietnam are expected to increase by 300 per cent between 2021 and 2025, led by strong growth in mobile payments, as revealed in the second edition of the Fintech and Digital Banking 2025 (Asia-Pacific) IDC InfoBrief, commissioned by Backbase.
E-GOVERNMENT SETS UP SUCCESS FOR BUSINESSES
Domestic and international businesses are expected to benefit more from Vietnam’s future e-government development, as the completion of the long-awaited legal framework on shared data could be a way to improve the business climate amid stiffening regional competition.
