DEVELOPMENT BANKS EXTEND ROLE IN GREEN-RELATED LOANS
European Investment Bank (EIB) vice president Kris Peeters told VIR when he visited Vietnam last week that the non-profit credit institution and lending arm of the EU is eager to meet with partners in Vietnam to provide more green loans for environmentally friendly projects in various sectors from transport, water treatment, and smart urban development to renewable energy and infrastructure.
VIET NAM CLIMBS FOUR PLACES IN ECONOMIC FREEDOM OF WORLD INDEX
Viet Nam has moved up four places to secure the 106th position out of 165 countries and territories in the Economic Freedom of the World index, according to the Canada-based Fraser Institute. The Fraser Institute noted that Viet Nam's improvement in the index this year is a relatively substantial increase compared to other Southeast Asian peers.
HCMC APPROVES 87 PROJECTS WORTH VND39 TRILLION
The HCMC People’s Council approved in principle 87 state-funded projects worth a combined VND39 trillion at yesterday’s session on the implementation of the National Assembly’s Resolution 98 on special mechanisms and policies for the city.
MINISTRY PROJECTS THREE ECONOMIC GROWTH SCENARIOS FOR 2024, HIGHEST AT 6.5 PER CENT
These projections stem from the Government's socio-economic development strategy for the 2021-25 period, combined with endeavours to meet the 2023 growth goal of 6.5 per cent.
ENERGY CHINA EYES EXPANSION IN VIETNAM WITH INCREASED INVESTMENT IN RENEWABLE PROJECTS
According to local newspaper Nhandan, the announcement came during Vietnamese Prime Minister Pham Minh Chinh's recent visit to Guangxi, China, where he met with vice president of Energy China Zhang Manping on September 16.
HCMC’S CREDIT GROWTH IN AUGUST PUT AT 1%
Bank loans in the city from January to August amounted to VND3,331 trillion, a 3.26% increase against the end of 2022 and a 5.62% rise over the same period last year. Of total outstanding loans, Vietnamese dong currency loans accounted for 94.7%, while foreign currency loans made up the remainder.
VIET NAM - GATEWAY TO ASEAN FOR CANADIAN BUSINESSES
The Viet Nam Trade Office in Canada coordinated with the Canada-ASEAN Business Council and the Institute of Researching New Challenges in Economic Globalization (NEME) of Laval University to organize a seminar to evaluate investment potential in Viet Nam and the Association of Southeast Asian Nations (ASEAN) region.
HCMC TO CLEAR FOREST LAND FOR TRANSSHIPMENT PORT
As outlined in the project proposal, the Can Gio International Transshipment Port requires a total of 571 hectares of land. Of this, 90 hectares of mangrove forest would have to be cleared, including nearly 83 hectares of natural mangrove forest and seven hectares of land without trees. The project would also utilize 481 hectares of water surface.
