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INTELLASIA FINANCE & BUSINESS NEWS - OCTOBER 12, 2017
FINANCE
Reference exchange rate down for fourth day
Behind the quietness of USD/VND exchange rate
Interest rates may dip further in Q4
Bad debt stands at 2.51pct in late July
Non-performing loans can weaken the banking system
Debt trading firm in line for a makeover: finance ministry
New regulations on banking guarantees for home purchases
Central bank issues plan to develop card payment
Sacombank seeks shareholders' nod to transfer listing to HNX
Budget revenue hits 70pct of target
Foreign investment in Vietnam may reach $28 billion by end of 2017
GDP growth from the perspective of using GDP
Experts propose changes to FDI attraction orientation
Enterprises advised to focus on organic fruit, vegetable exports to EU
Vietnam's soft drink exports to the ROK rise
Korea likes Vietnamese squid and octopus
US's monitoring programme worries Vietnamese seafood firms
US warns VN seafood exporters of unregulated fishing
Tien Giang's fishermen enjoy bumper catch
Ministries to cut barriers for import-export goods
Heavier penalties proposed for food safety violations
Pilot direct PPA to fuel local power market
Government plans for tourism sector to spearhead economy
HCM City wants investment in transport infrastructure, hi-tech industry
Quang Ninh asked to better business, investment climate
Where are Vietnamese retail businesses?
Hanoi: Retail space for lease records best results in five years
Footwear businesses manage to conquer domestic market
How to stabilise agricultural growth while underlying risks still linger
Dialogue begins over investment difficulties in Nam Dinh
Investors spurn Ba Ria-Vung Tau's IZs
Retail faces high employee turnover
Thai investors spend largely on acquiring domestic businesses
EVFTA on track to bring new German investors
BIZ NEWS
Business Briefs 12 October, 2017
Realty stocks send VN Index to 810 points
VN Index rallies for a third day
BDDIF to sell 10.47 million shares of Bidiphar
Enterprises need flexibility to handle PR crises
High recruitment demand for senior and middle-level managers continues
Senior managers in consumer goods sector receive salary of $13,203
Hung Yen lures 182 investment projects in nine months
Tollgate operator reports VND253.1 billion revenue in quarter three
CEOs to mull ways to develop Mekong delta at annual forum
Most Tra Vinh SMEs unaware of environment responsibility
Vietnam's conventional taxi services must be freed from strict controls: experts
Chinese tourists led to shops using only Chinese workers
Hanoi to build new elevated road
Yamanashi Prefecture seeks partnerships in HCM City
Banpu seeking new ideas after coal fails to fire
Japanese investor jumps into lucrative petrol retail market
Domestic businesses worry about foreign investor's involvement in petroleum retail
Vietnam part of IKEA's global expansion: CEO
Lam Dong licenses new high-tech flower, vegetable project
Uber, Grab hit Vinasun revenues
Finance ministry turns down Vinaxuki loan plea
Son Ha looking to increase overseas activity
Bao Viet shares experience in sustainable development goals
Tan Hiep Phat's quest to reach the global market
New condotel project stirs up Hanoi's property market
Dien Bien mining firm violates regulations
Ford Vietnam recalls 119 cars over airbag failure
Heineken Vietnam recognised at Vietnam Corporate Sustainability Forum
175 businesses participate in MTA Hanoi 2017
Please click here for details: Finance Vietnam News - October 12, 2017
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Vietnam’s import and export value reached a total of US$145.59 billion in the first quarter (Q1) of 2024, marking a year-on-year growth of 18.2%. However, the customs budget revenue saw a 3% year-on-year decline, amounting to VND71,520 billion in the quarter, thereby achieving 19.1% of the full-year target.
RAPID LAW IMPLEMENTATION MAY PROPEL MARKET FORTUNES
“Investors and developers are looking forward to the implementation of the new law, which will remove obstacles for a range of projects that are struggling due to stalled procedures and lack of legality. For them, the earlier the better,” he said.
NATION URGED TO BUILD ON ECO-IP MODEL
Industrial parks (IPs) involved in an initiative that aims to help push them into the realm of being classed as eco-parks have seen improvements across a string of indicators, according to a review event in Ho Chi Minh City last week.
YEN LU INDUSTRIAL PARK: NEW DESTINATION FOR INVESTORS
Bac Giang is a destination chosen by many domestic and foreign investors thanks to its locational advantages and its most opening and favorable investment policies. Assisted by local authorities, Capella Land Joint Stock Company has effectively invested in industrial zones, especially Yen Lu Industrial Park - a new destination for investors, to contribute to the province’s success in investment attraction.
OPTIMIZING LEGAL AND REGULATORY FRAMEWORKS FOR EFFICIENT PUBLIC INVESTMENT DISBURSEMENT
According to the Ministry of Planning and Investment, a 1% increase in public investment raises GDP by 0.058%, and each VND1 disbursed stimulates an extra VND1.61 from the non-state sector. However, plan implementation often falls short at around 80% annually, despite government efforts.
NATION URGED TO BUILD ON ECO-IP MODEL
For the 2020-2024 project, three IPs were selected for the transformation including Deep C Industrial Zones in the northern city of Haiphong, AMATA City Bien Hoa in the southern province of Dong Nai, and Hiep Phuoc IP in Ho Chi Minh City. Over the last four years, the level of compliance with the international framework on eco-IPs for all pilot complexes has increased in terms of environment, economy, and management.