HIGH-TECH FDI DRIVES VIETNAM’S ECONOMIC EVOLUTION
Vietnam’s economic growth has been accelerating this year, and so the World Bank (WB), International Monetary Fund (IMF) and others have sharply revised up their GDP growth forecasts for the country, with an increasing number of economists now expecting it to exceed 8% this year. This has prompted investors to ask what is different in Vietnam and why.
INTELLASIA FINANCE & BUSINESS NEWS - SEPTEMBER 20, 2022
1. Don't let VND slide further, experts advise government
2. EIB unexpectedly increases by 11pct last week
3. Insurance companies urged to go digital soon
4. Garment exports hit record high of $4 billion in August
5. Quang Nam strives to be back in PCI's top 15
----and more news
VIETNAM TENDERS DAILY- SEPTEMBER 20, 2022
1. Industrial floor cleaning machine supply
2. Crawler self-propelled drill supply
3. Drilling fluid testing equipment supply
4. Materials and equipment supply
5. Gasket, belts, welding rods supply
----and more news
MOF CLARIFIES LAW ON PRIZE ELECTRONIC GAMES FOR FOREIGNERS
Circular No. 39/2022/TT-BTC guides the implementation of Decree No. 121/2021/ND-CP and stipulates the appraisal fee for the grant and extension of business certificates at VND150 million (US$6,428), while that for the re-grant and adjustment stands at $5 million.
“REINFORCING MACROECONOMIC FOUNDATION, PROMOTING SUSTAINABLE RECOVERY AND DEVELOPMENT”
This is the theme of the Vietnam Socio-Economic Forum 2022, an annual event of the National Assembly co-organized by the National Assembly Economic Committee, the Central Economic Commission, the Ho Chi Minh National Academy of Politics and the Vietnam National Academy of Social Sciences.
MOF PROPOSES TO REDUCE IMPORT TAX ON GASOLINE AND ETHANOL GOODS
In earlier September, the Ministry of Finance (MoF) finalised the draft Decree of the export tariff schedule and the preferential import tariff schedule, following the prime minister's decision on the introduction of import tax rates for gasoline and ethanol products.
REAL ESTATE MARKET WOULD BE BETTER IF CREDIT GROWTH TARGETS RISE: EXPERTS
"This is a positive move to inject money into the domestic economy in the post-COVID-19 period, thereby energising the sectors, including services, production, business and real estate," said Su Ngoc Khuong, senior director of investment, Savills Vietnam.
HO CHI MINH CITY: MANY INFRASTRUCTURE WORKS SOON TO RECEIVE CLEARED SPACE FOR EXECUTION
The construction of a string of important infrastructure works which have been trapped by space woes in the southern growth engine of Ho Chi Minh City will resume pace in the fourth quarter of this year and in early 2023 after acquiring cleared land.
