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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

CONSTRUCTION OF BIGGEST INLAND PORT IN NORTH BEGINS

[16-05-2016] The Ha Noi People’s Committee on May 15 started work of an inland depot - the largest in the Northern key economic region - in Co Bi commune, Gia Lam district. Deputy PM Truong Hoa Binh and Chairman of the Ha Noi People’s Committee Nguyen Duc Chung attended the groundbreaking ceremony.

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BANKING / FINANCE / INSURANCE / TAX

DOLLAR SLIPS AGAINST EURO AHEAD OF US INFLATION DATA

[17-05-2016] The dollar edged down against the euro on Monday in profit taking after recent gains, as traders awaited a key US inflation report on consumer prices. NEW YORK: The dollar edged down against the euro on Monday (May 16) in profit taking after recent gains, as traders awaited a key US inflation report on consumer prices.

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PROPERTY / INDUSTRIAL ZONE

MORE AFFORDABLE HOUSING NEEDED IN HCMC

[16-05-2016] The real estate market in HCM City is on track to bounce back, but its sustainable development will only be ensured if housing demand from low-income and average-income earners is satisfied, a report from the HCM City Real Estate Association has said.

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HOSPITALITY / TOURISM / ENTERTAINMENT

TOURISM MINISTRY SEEKS LONGER VISA WAIVER FOR EUROPEANS

[17-05-2016] The Ministry of Culture, Sports and Tourism has proposed the Government renew and extend the visa waiver for citizens of five Western European countries from the current one year to five years and the visa-free stay from 15 days to 30 days.

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CHARITY / EXHIBITION / OTHER EVENTS

COEX EXHIBITIONS IN THIS JUNE, 2016

[12-05-2016] This June, Coex will be the organizer of 2 exhibitions which are co-loacated at the same time in SECC: The 8th Vietnam Int’l Retail and Franchise Show and The 1st Vietnam Int’l Coffee and Dessert Fair.

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VIETNAM ECONOMY INVESTMENT

S.KOREA MAKES UP 41% OF JAN-APR FDI APPROVALS

[10-05-2016] South Korea’s foreign direct investment (FDI) in Vietnam picked up and accounted for 41.2% of all FDI approvals nationwide in the first four months of this year, according to the Foreign Investment Agency (FIA).

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VN HAS NEW INT€™L AIRPORT

[11-05-2016] Cat Bi airport in northern Hai Phong city  became an international airport from May 11 after going through upgrades. The Ministry of Transport has recently recognized that Cat Bi airport is qualified for international flights after the first phase of upgrading. So far, the airport servers both civil and military planes.

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VIETNAM ECONOMY INVESTMENT

BUSINESS HIGHLIGHTS €“ MAY 2-8

[09-05-2016] Tough punishments on USD deposit interest rate ceiling violation, construction on a US$220 million wind power plant in Tra Vinh, fuel prices increasing VND600 per liter and Industrial Production Index (IPI) up 8% are highlights in the national economy from May 2-8.


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