HOW DOING GOOD IS GOOD FOR BUSINESS
This dynamic event is designed to highlight different approaches in Vietnam to corporate social responsibility and creating shared value, the difference between charity and development initiatives, as well as strategies for corporate partnerships with not-for-profit organizations.
MAKING VIETNAM A REGIONAL LOGISTICS HUB
“Developing a healthy logistics service market, creating equal opportunities for enterprises of all economic sectors, and attracting domestic and foreign investment capital in accordance with Vietnamese law and international treaties to which Vietnam is a member etc.” is an objective of the Action Plan for Vietnam Logistics Service Competitiveness Improvement and Development to 2025 approved by the Prime Minister in Decision 200/QD-TTg dated February 14, 2017. This action plan is expected to create momentums for logistics companies in Vietnam already being at an advantage to make a progress.
REAL ESTATE MARKET: SEVERAL POSITIVE SIGNS IN Q2
The Vietnam Real Estate Association (VNREA) said that since banks raised long-term deposit rates (through certificates of deposit), lending rates have been placed under growing upward pressures. This may adversely affect the real estate market. However, the second quarter is expected to witness better performance.
BANKS SEEK INCREASED CHARTER CAPITAL
It is the bank shareholders meeting season, and topping the agenda, besides the dividend payout ratio, is increasing their regulatory capital. On April 15 Techcombank announced it would hike its charter capital by VND5 trillion (US$220 million) to nearly VND14 trillion ($616 million) this year by selling more shares.
HA NAM AIMS TO ATTRACT 150 PROJECTS IN FOUR YEARS
The northern province of Ha Nam aims to lure 130-150 projects to its industrial parks (IP) in 2017-2020, with total investment of up to VND50 trillion (US$2.19 billion), including US$1.5-1.8 billion in foreign investment.
APPAREL EXPORT TO EU MUST MEET RULES OF ORIGIN
To provide information about the rules of origin in the EU-Vietnam Free Trade Agreement (EVFTA), the mechanism of origin self-certification, as well as experience of other countries around the world for Vietnamese garment and textile enterprises, the Vietnam Textile and Apparel Association (Vitas) recently cooperated with the European Trade Policy and Investment Support Project (EU-MUTRAP) to hold a workshop on “ Vietnam Textile and Garment Conference on Rules of Origin in the EVFTA Agreement.”
16 LEGAL DOCUMENTS ISSUED IN MARCH
The Government and the PM issued 16 legal documents, including 10 Decrees and six Decisions in March 2017. The Government issued a Decree No. 23/2017/NĐ-CP on amending and supplementing Decree No. 162/2013/NĐ-CP on sanctioning administrative violations in the sea areas and the continental shelf of Viet Nam.
POLICIES TAKE EFFECT IN MAY
From May 5, acts of delivering advertisement brochures, if causing negative impacts on social and traffic order and safety, shall be fined from VND 200,000 to VND 500,000.
