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TAX FILING EXTENSION A MODICUM OF RELIEF
While welcoming the government’s new supporting policy, foreign-invested enterprises in Vietnam are seeking more assistance to survive the COVID-19 storm and spur recovery.
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VIETNAM TENDERS DAILY- MAY 19, 2021
1. Materials and equipment supply
2. Equipment and materials supply
3. Camera system supply and installation
4. Speciality control module supply
5. Air conditioners supply
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INTELLASIA FINANCE & BUSINESS NEWS - MAY 19, 2021
1. New interest rate level formed in the interbank market
2. Illegal cryptocurrency exchanges turn investors into debtors
3. Non-performing loans rise with restructuring
4. Dragon Capital becomes largest shareholder of VPBank
5. Transfer money for free, sign up for Sacombank's combo 4.0
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FDI TOTALS 12.25 BLN USD IN FIRST FOUR MONTHS
Foreign direct investment reached 12.25 bln USD in the first four months of this year, according to the General Statistics Office.
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INDUSTRIAL PRODUCTION UP 10% IN THE FIRST FOUR MONTHS OF 2021
Industrial production increased 10% in the first four months of 2021 year-on-year.
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AGRO-FORESTRY-FISHERIES EXPORTS UP 24% IN FIRST FOUR MONTHS OF 2021
The export value of agro-forestry-fisheries products in the first four months of 2021 stood at around 17.15 billion USD, a 24.2 percent increase year-on-year.
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LEGAL FRAMEWORK NEEDED TO MANAGE VIRTUAL FINANCIAL INVESTMENT PLATFORMS
Experts have warned that a firm legal framework and strict punishment measures are needed to manage virtual financial investment platforms, which they say are now out of control.
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LABOUR EXPORT RESTRICTION EXACERBATED
The Ministry of Labour, Invalids and Social Affairs (MoLISA) is again facing fears of not being able to meet its target of sending 90,000 workers to work abroad in 2021. According to the Vietnam Labour Export Association, Vietnam sent just over 29,500 workers to 17 countries and territories in the first quarter of 2021, around 2,500 less than in the same period last year.