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PROPERTY / INDUSTRIAL ZONE

IZS ATTRACT US$150 BILLION IN FDI SO FAR

[08-06-2016] Industrial zones attracted nearly US$150 billion in foreign direct investment (FDI) for 7,540 projects till May, a report by the Ministry of Planning and Investment's Economic Zones Management Department revealed.

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PROPERTY / INDUSTRIAL ZONE

DA NANG'S REAL ESTATE MARKET SURGES

[03-06-2016] As many as 2,500 hotel rooms were provided from six large projects operating in hotel management and hospitability industry in the first half of 2016 in the central city of Da Nang. 89% of the rooms was built in Riverfront Condotel Vinpearl Da Nang, Ariyana Beach Resort & Suite Da Nang, Alphanam Luxury Apartment and Ocean Suite (Zone B) projects.

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HOSPITALITY / TOURISM / ENTERTAINMENT

HCM CITY- KUALA LUMPUR DIRECT AIR ROUTE LAUNCHED

[02-06-2016] Deputy PM Trinh Dinh Dung on June 1 joined a ceremony to launch Ho Chi Minh City- Kuala Lumpur direct air route. Speaking at the event, Deputy PM Trinh Dinh Dung praised VietJet for its contribution to strengthening the two nations’ partnership in transport in general and in the aviation sector in particular as well as promoting tourism, trade and integration.

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HONG KONG RELATED NEWS

TENDER NOTIFICATION

[02-06-2016] The public tender notifications issued by the Hong Kong SAR Government for your information. Grateful if you would notify manufacturers, agents and distributors who, in your opinion, will be interested in submitting a bid for the tenders. Please click here or check the following web link for more tender information

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BANKING / FINANCE / INSURANCE / TAX

BAD DEBTS RISE TO 2.62% BY Q1 END

[01-06-2016] Non-performing loans (NPLs) at credit institutions by the end of the first quarter this year increased to 2.62 per cent from 2.55 per cent late last year. This news was released in a new report from the State Bank of Viet Nam.

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BANKING / FINANCE / INSURANCE / TAX

BANKING SECTOR MUST SUPPORT BUSINESS: SBV

[31-05-2016] Monetary policies from now until the year end must give top priority to ensuring the safety of the banking system and controlling inflation while still trying to support businesses. This new directive was issued by the State Bank of Viet Nam (SBV).

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PROPERTY / INDUSTRIAL ZONE

URBANISATION BOOSTS DEMAND FOR REAL ESTATE

[31-05-2016] Rising demand in Viet Nam's residential segment is expected to sustain solid growth in the construction industry, though delays to accompanying infrastructure projects and tighter credit conditions could slow the pace of development.

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VIETNAM ECONOMY INVESTMENT

FOREIGN INVESTMENT IN VIETNAM HITS $10B

[31-05-2016] Foreign investors registered to pump approximately US$10.16 billion into Viet Nam in the first five months of this year, surging 136 per cent from a year ago, statistics from the Ministry of Planning and Investment reveals.


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