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VIETNAM ECONOMY INVESTMENT

KEY MISSIONS, SOLUTIONS TO SOCIO-ECONOMIC DEVELOPMENT IN 2023

The Government has recently issued Resolution No. 01/NQ-CP on key missions and solutions to developing the socio-economy, improving the business climate, and enhancing national competitive capacity in 2023.

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VIETNAM ECONOMY INVESTMENT

FDI INFLOWS TO VIETNAM REACH ALMOST $1.7 BILLION IN JANUARY

According to the General Statistics Office (GSO), Vietnam lured $1.69 billion in foreign direct investment (FDI) as of January 20 this year, a year-on-year decrease of 19.8 per cent.

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VIETNAM ECONOMY INVESTMENT

VIETNAM’S CPI UP IN JANUARY

Vietnam’s Consumer Price Index (CPI) in January edged up 0.52% month-on-month, according to the General Statistics Office. The index in January this year rose by 4.89% year-on-year, the highest growth rate in January in five years, the local media reported.

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VIETNAM ECONOMY INVESTMENT

NEW FDI APPROVALS DOWN IN JAN

New foreign direct investment (FDI) approvals had totaled US$1.69 billion in the year till January 20, down 19.8% over the same period last year, according to the General Statistics Office. There were 153 new projects with total registered capital of US$1.2 billion approved, increasing 48.5% and 3.1-fold over the same period last year, respectively.

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HOT NEWS

THE KEYS TO ECONOMIC MOMENTUM - “RAPID ADAPTATION THE KEY TO SURVIVAL”

After a slowdown in trade and investment relations between Hong Kong and Vietnam, ties are on the mend and showing signs of promise. From the Hong Kong perspective, Vietnam is already a major trading partner, one of Hong Kong’s top 10 largest trading partners for many years, and it ranked eighth in 2021 and the first nine months of 2022.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JANUARY 30, 2023

1. PM urges banks to help struggling realty market out
2. Banks' recruitment market heats up at the beginning of 2023
3. Vietnam imports 6,300 autos in first half of January
4. Hanoi makes people and businesses the centre of digitalisation
5. Local game developers eye great opportunities at home
----and more news

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BANKING / FINANCE / INSURANCE / TAX

TAX AND LAND-USE FEE REDUCTIONS SHOULD CONTINUE IN 2023: MOF

The Ministry of Finance (MoF) said tax support policies and land-use fee reductions for businesses should be continued throughout 2023 despite shortfalls in state budget collection.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

HAI PHONG AIMS TO BECOME AN INTERNATIONAL LOGISTICS CENTRE

The northern city of Hai Phong aims to become a regional and international logistics centre due to its many advantages as a transportation hub for all five types of traffic, including sea, road, air, railway, and inland waterways.


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