HIGH CREDIT GROWTH POSES RISKS
If credit growth reaches 21 - 22 per cent as expected, this will be the first year of such high growth since the 2009 - 2010 bubble period. Overheating credit growth is posing latent risks as money is being poured into real estate and underperforming industries.
REAL ESTATE MARKET WAITING FOR NEW CAPITAL FLOWS
Since the beginning of 2017, the real estate market of Vietnam has recovered its strength and become increasingly attractive to foreign investors with many large corporations accelerating their investment in Vietnam. According to many experts, in the last months of the year, cash flow into the sector will continue to increase sharply through the merger and acquisition (M & A).
NO HIKES IN TAXES, FEES AND CHARGES IN 2017
This is the attention-grabbing content of Resolution 84/NQ-CP of the Government, dated September 6, 2017. Accordingly, the Government requested the Ministry of Finance to coordinate with relevant ministries, branches and localities to carry out following requirements:
DRAFT LAW TO GLOBALISE LOGISTICS AREAS
Vietnam might, for the first time, allow 100 per cent foreign-invested firms in three logistics service areas, paving the way for an influx of foreign investment capital in the sector.
FIVE COMMERCIAL BANKS TO PILOT E-TAX PAYMENT
The General Department of Viet Nam Customs has choses five commercial banks namely Vietcombank, Vietinbank, VIDB, MB and Teckcombank to launch e-tax payment from November, 2017.
TALENT MANAGEMENT VIETNAM 2017 IS COMING BACK!
The digital revolution is reshaping the way we live and the way we work. HR needs to be more adaptive with the business transformation. But there are many questions yet to be answered: What will the future hold for HR? How will digitalization and Industry 4.0 impact HR and Talent Management? What local Business and HR perspectives are now? That’s why CEOs and HR professional, Talent Leaders need a talent management strategy in the digital age.
BETTER MANAGEMENT OF BOT, BT PROJECTS NEEDED: INSPECTORATE
The Government Inspectorate has found irregularities in the management of BOT (Build-Operate-Transfer) and BT (Build-Transfer) projects in HCM City, including the use of inappropriate contractors.
PM URGES LOWER INTEREST RATES, TAXES STABLE
The Government has instructed corresponding administrative authorities to aim for a 0.5 per cent decrease in lending interest rates from now until the end of 2017, while keeping taxes, fees and other charges unchanged, in order to propel the current disbursement rate in public spending and boost businesses’ productivity.
