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MEMBER CORNER / PROMOTIONS

PAUSE + SAVOUR GUEST CHEF SERIES BY LE MÉRIDIEN SAIGON: CHAPTER 3 – HONG KONG INSPIRATION

Le Méridien Saigon is delighted to announce the third chapter of the renowned Pause + Savour Guest Chef Series, a unique culinary event that brings together chefs around the region to create an unforgettable dining experience. This chapter, aptly named "Hong Kong Inspiration" will feature a remarkable collaboration between Executive Sous Chef Gordon Tzang from JW Marriott Hotel Hong Kong, and Executive Chef Phi Công of Le Méridien Saigon.

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VIETNAM ECONOMY INVESTMENT

TAX INCREASES ON ALCOHOLIC BEVERAGES SHOULD STRIKE A BALANCE: ECONOMISTS

Among these, a draft amendment to the Special Consumption Tax Law is expected to be presented to the National Assembly next month and can be approved as early as May next year. The tax has been reported to take an upward trajectory, taxing alcoholic beverages starting from 2026, reaching as high as 100 per cent by 2030.

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VIETNAM ECONOMY INVESTMENT

HONG KONG SEEKS TO BUILD ON ASEAN RELATIONSHIP

The summit, co-organised by the Hong Kong Special Administrative Region (HKSAR) government and the Hong Kong Trade Development Council (HKTDC), will be held September 11-12, and is expected bring together over 80 key officials and business leaders to explore opportunities across the Belt and Road Initiative (BRI), with a special focus on ASEAN markets and Hong Kong’s unique position as a financial hub.

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PROPERTY / INDUSTRIAL ZONE

$2.4 BILLION FOREIGN INVESTMENT REGISTERED IN REAL ESTATE IN FIRST EIGHT MONTHS

More than $2.4 billion of foreign investment was newly registered in the real estate sector in the first eight months, over five times higher than the same period last year, and accounting for nearly 20 per cent of the total $12 billion newly registered capital. According to the General Statistics Office, as of August 31, the total foreign direct investment (FDI) registered in Vietnam reached $20.52 billion, an increase of more than 8 per cent over the same period last year.

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PROPERTY / INDUSTRIAL ZONE

DEEP C IMPLEMENTS LARGE-SCALE ECO-INDUSTRIAL PARK MODEL

Since 2020, with financial support from the Swiss government, the Ministry of Planning and Investment has coordinated with the UN Industrial Development Organization to implement a project to implement eco-IPs in Vietnam according to the approach from the Global Eco-IP Programme. DEEP C was selected as one of the pilot IPs to join the programme.

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VIETNAM ECONOMY INVESTMENT

GLOBAL TRADE HUB COULD BE ANSWER FOR TEXTILE SEGMENTS

With the leather, footwear, and textile industries mainly processing with low added value, the establishment of an international trade centre for the development of raw materials will help the industry develop sustainably.

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VIETNAM ECONOMY INVESTMENT

SCG ACHIEVES SINGAPORE GREEN LABEL WITH ESG-DRIVEN GREEN PRODUCTS

SCG Concrete Roof Vietnam Co., Ltd. (CRVC) recently announced that its SCG Color Roof is the first concrete tile brand in Vietnam to achieve the Singapore Green Label certification as of July 2024. This recognition highlighted SCG's commitment to high quality and environmental responsibility.

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GARMENT / TEXTILE

REDUCING IMPORTED RAW MATERIAL DEPENDENCE IN LEATHER & FOOTWEAR INDUSTRY

A major challenge for Vietnam's leather and footwear industry is its heavy reliance on imported raw materials like leather, synthetic materials, fabrics and accessories, despite ongoing efforts to boost local sourcing.


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