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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- OCTOBER 12, 2021

1. Casing scraper and spare parts supply
2. Mixing and grinding machine supply
3. Equipment and materials supply
4. Mechanical materials supply-bid extend
5. Pump, valve and spare parts supply
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VIETNAM ECONOMY INVESTMENT

FOREIGN FIRMS CONTINUE TO SEE VIETNAM AS GOOD INVESTMENT LOCATION

Speaking at a virtual conference called ‘Invest in Vietnam. Wins and challenges’ organised by Adamed and Davipharm last week, Nguyen Hai Minh, partner at Mazars and Vice Chairman of EuroCham, said: “In Vietnam, FDI plays an important role, contributing a lot to the growth of the country, especially exports.”

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - OCTOBER 12, 2021

1. Vietnam to pilot Mobile Money service for two years
2. Detailed policies needed to help firms get loans
3. Bank stocks record waves, many stocks gain over 4pct.
4. Foreign experts highlight Vietnam's production, export strengths
5. Vietnam enjoys surge in export revenue in Indonesian market
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VIETNAM ECONOMY INVESTMENT

SIX COMMODITIES RECORD EXPORT VALUES OF OVER 10 BILLION USD

Six commodities record export values of more than 10 billion USD during January-September, according to the General Statistics Office.

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VIETNAM ECONOMY INVESTMENT

IIP GROWS 4.45 PERCENT IN NINE MONTHS

The index of industrial production (IIP) grew by 4.45 percent in the first nine months of this year over the same period last year.

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BANKING / FINANCE / INSURANCE / TAX

VIETNAMESE CURRENCY FORECAST TO STRENGTHEN AGAINST US DOLLAR IN 2021

Fitch Solutions have revised its 2021 average forecast for the Vietnamese đồng to VNĐ22,900 per US dollar from VNĐ23,000 per US dollar previously and VNĐ22,800 per US dollar from VNĐ23,200 per US dollar in 2022 as the central bank tolerates a stronger đồng over the short term.

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VIETNAM ECONOMY INVESTMENT

VIETNAM’S IMPORT AND EXPORT VALUE TOTALED US$53.5 BLN IN SEPT

Vietnam’s total merchandise import and export value was estimated at US$53.5 billion in September, down 2% from the previous month, according to the General Department of Vietnam Customs. Of the sum, the export value was US$27 billion, down 0.8% and the total import value was US$26.5 billion, down 3.1%.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - OCTOBER 11, 2021

1. US Treasury announces largest treasury security holders
2. SSI Research provides estimates of banks' Q3 profits
3. Measures suggested to boost GDP growth amid COVID-19
4. Hanoi, HCM City want to return VND7.5 trillion from ODA allocation plan
5. Quick reversals expected as new normal gradually replaces lockdown gloom
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