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BANKING / FINANCE / INSURANCE / TAX

VCCI SUGGESTS CENTRAL BANK RECONSIDER CASH LOAN PROPOSALS

The Việt Nam Chamber of Commerce and Industry (VCCI) this week suggested the State Bank of Việt Nam (SBV) reconsider a proposal on limiting unsecured personal loans in cash by consumer finance companies.

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GARMENT / TEXTILE

VIETNAM TEXTILE AND GARMENT BUILDING NEW POSTURE

With an export target of US$40 billion set for 2019, this year is considered an important year for Vietnam's textile and garment industry in two potential export markets: Canada and Australia. Vietnam currently holds 4-5% market share in these markets. However, there are still many hurdles that the industry needs to overcome to capitalize on opportunities in CPTPP.

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BANKING / FINANCE / INSURANCE / TAX

CENTRAL BANK ASKS FOR TIGHTENED CONTROL OVER REAL ESTATE LOANS

The State Bank of Việt Nam (SBV) has asked for the control over real estate loans by credit institutions to be enhanced, especially in areas showing signs of land price fever.

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PROPERTY / INDUSTRIAL ZONE

DANANG ANNOUNCES SMART CITY PROJECT

Danang envisions transforming itself into a smart city in three stages with the total cost of about VND2.1 trillion ($91.3 million). Recently, the Danang People's Committee held a conference to announce the project of building a smart city in Danang in front about 200 experts, equipment suppliers, co-operation partners, and foreign partners.

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HOSPITALITY / TOURISM / ENTERTAINMENT

TOURISM FESTIVAL OPENS IN HO CHI MINH CITY

The Department of Tourism of Ho Chi Minh City launched a tourism festival in the city on April 11 under the theme “Happy Summer 2019”. Speaking at the opening ceremony, Director of the department Bui Ta Hoang Vu said several promotion programmes are offered at the four-day event.

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CHARITY / EXHIBITION / OTHER EVENTS

LIN’S ANNUAL CROSS-SECTOR CONFERENC PARTNERSHIPS – IMPACT – SUSTAINABILITY

As a Supporter and alongside organizers LIN Center for Community Development; and Co-Organizers Canadian Chamber of Commerce Vietnam (CanCham) and the French Chamber of Commerce and Industry in Vietnam (CCIFV), we bring you a unique platform, for the third year running, to participate in an event with all sectors to be inspired; to engage; to develop; to connect; and to influence on corporate social responsibility (CSR), sustainability, partnerships, community, and impact to continue to build a resilient Vietnam.

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BANKING / FINANCE / INSURANCE / TAX

REMITTANCES TO HCM CITY REACH $1.2 BILLION IN Q1

Remittances to HCM City were estimated to reach US$1.2 billion in the first quarter of this year, according to Nguyen Hoang Minh, Deputy Director of the State Bank of Vietnam’s branch in the southern city.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

CAI MEP INTERNATIONAL TERMINAL RUNNERS UP IN PERFORMANCE EVALUATION OF ASIA'S CONTAINER PORTS

Cai Mep International Terminal (CMIT) was the runner-up in the performance evaluation of Asia's container ports in 2018.  The French shipping company CMA CGM Group, one of the world’s largest shipping company and member of the Ocean Alliance has announced the performance evaluation of Asia's 22 container ports in 2018.


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