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VIETNAM ECONOMY INVESTMENT

HCM CITY LURES 3.25 BILLION USD IN FDI IN NINE MONTHS

Ho Chi Minh City lured 3.25 billion USD in foreign direct investment (FDI) in the first nine months of 2020, down 28 percent over the same period last year, reported the city Department of Planning and Investment.

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VIETNAM ECONOMY INVESTMENT

HANOI A BRIGHT SPOT IN FDI ATTRACTION

Hanoi has attracted around 25 billion USD in foreign direct investment (FDI) over the last five years, with priority given to quality and sustainable development, figures show.

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VIETNAM ECONOMY INVESTMENT

GOV’T ISSUES ACTION PLAN TO IMPLEMENT NATIONAL ENERGY DEVELOPMENT STRATEGY

PM Nguyen Xuan Phuc has issued an action plan to realize the Party Central Committee’s Resolution No. 55-NQ/TW dated on February 11, 2020 on the orientation of the National Energy Development Strategy to 2030 with a vision towards 2045.

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VIETNAM ECONOMY INVESTMENT

FOCUS ON PPP LAW ENFORCEMENT

Many new contents in the recently enacted Law on Investment in Public-Private Partnership Form (PPP Law), such as government support capital, risk sharing mechanism, competitive bidding mechanism and responsibility of governmental agencies, are expected to attract the private sector to join PPP projects and create more opportunities for investors.

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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- OCTOBER 5, 2020

1. Freight lifting equipment supply
2. Garbage truck supply-bid extend
3. Spare parts supply-bid extend
4. Air conditioner supply and installation
5. Generator supply and installation
----and more news

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - OCTOBER 5, 2020

1. Credit growth up 6.09pct: central bank
2. Data sharing and security top concern for banks: experts
3. Standard Chartered, Vietnam Airlines launch co-branded debit card
4. Bolttech officially enters the Vietnamese insurance market
5. The secrets of trade surplus records
----and more news

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BANKING / FINANCE / INSURANCE / TAX

CREDIT GROWTH UP 6.09 PERCENT: CENTRAL BANK

Credit has given a boost to a number of industries that are serving as the driving force of the national economy like the production and distribution of electricity, gas, hot water and air conditioners; water supply, waste and waste water management and treatment; construction; wholesale and retail; and the maintenance of cars, motorbikes and other motor vehicles.

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VIETNAM ECONOMY INVESTMENT

VIETNAM"S ECONOMIC RECOVERY FORECAST TO BE ON TRACK

According to a report released on October 1, the UK-based financial information services provider said its forecast continued to reflect its view for Vietnam’s economic recovery to gain steam in the final quarter and into 2021, supported by manufacturing, construction and services.