INTELLASIA FINANCE & BUSINESS NEWS - JUNE 11, 2021
1. Bank stocks still have good opportunities in 2021
2. Instant online account opening via BIDV SmartBanking
3. Energy mix for Vietnam with LNG-to-power
4. HCM City economy expected to recover with COVID-19 vaccine
5. Hanoi identifies priorities to assist businesses in
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VIETNAM TENDERS DAILY- JUNE 11, 2021
1. Weaving machine supply
2. Technology equipment supply
3. Automobile supply-bid extend
4. Mechanical-technical equipment supply
5. Hydraulic punching device supply
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ALERT ON OFFICIAL LETTER 2687 GUIDING ON THE IMPLEMENTATION OF DECREE 18
May 29 marked a major milestone for DETERMINANT, the fashion brand for modern and stylish men, with the opening of the second DETERMINANT store in Ho Chi Minh City. The store design with an elegant and natural touch emphasizes the brand’s philosophy which revolves around highest ethical standards and environmental consideration.
VIETNAM TENDERS DAILY- JUNE 10, 2021
1. Equipment and spare parts supply
2. Crane supply and installation-bid extend
3. Speciality automobile supply-bid extend
4. Equipment and machinery supply
5. Seeding and transplanting machine supply
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FLYING TO HONG KONG SOON? HERE ARE 5 THINGS TO PREPARE BEFORE YOU ARRIVE AT THE CHECK IN COUNTER.
For flight from Vietnam to Hong Kong with Cathay Pacific, please contact reservation@cathaypacific.com or phone number +84 906637995 / +84 906856955 / +84 906619509 / +84 906720157 for assistance.
INTELLASIA FINANCE & BUSINESS NEWS - JUNE 10, 2021
1. Banks to soon run out of credit growth room
2. ODA disbursement in agricultural projects hits 31.
3. Vietnam footwear exports to EU grows
4. Developing disease-free zones helpful in exporting animal products
5. PM wants to reform tax regime to prevent real estate speculation.
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FOREIGN INVESTORS FROM SOUTH KOREA CONTINUE RAMPING UP INVESTMENT IN DONG NAI
According to Dong Nai Department of Planning and Investment, South Korean investors have injected an additional $500 million into the locality, increasing the total investment capital from $6.5 billion in 2019 to $7 billion in May 2021. South Korea topped the list of 45 countries and territories investing in Dong Nai.
FREIGHT COSTS WEIGH DOWN ON DISRUPTED BUSINESSES
Phan Van Viet, chairman of jeans and khaki producer Viet Thang Jean Co., Ltd. (VitaJean), said that the costs to ship goods in a shipping container have tripled during the global health crisis. The rate for a container from Vietnam to Europe has risen from $3,000 pre-pandemic to $10,000 last month, the highest on record. This has caused several obstacles for VitaJean’s export activities to overseas markets.
