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BANKING / FINANCE / INSURANCE / TAX

BANKS DOMINATE VIETNAM’S PROFIT MAKERS LIST

Seven banks are in the list of Top 10 most profitable listed companies in Q1, recording increases in pre-tax profits.
Topping the list are two stated-owned lenders Vietcombank and VietinBank. The former recorded VND8.6 trillion ($373.9 million) in pre-tax profits, up 65 percent year-on-year, while the latter posted VND8 trillion, up 171 percent.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

LAUNCH OF DIRECT VIETNAM-US FLIGHT ROUTES A CHALLENGING JOURNEY

The flights would be operated using the long-haul Boeing 787-9 Dreamliner aircraft. The carrier said it was rushing to complete the final steps in the process of building its personnel apparatus, including pilot and flight crew training, to get ready for operating direct flights to the U.S.

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HOT NEWS

COMPULSORY QUARANTINE PERIOD EXTENDED TO 21 DAYS

The compulsory concentrated COVID-19 quarantine period in Vietnam has been officially extended to 21 days.

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VIETNAM ECONOMY INVESTMENT

SUNNY FDI OUTLOOK AMID SUPPLY STRAINS

While concerns over interruption of global supply chains linger due to serious outbreaks of COVID-19 in India, Thailand, and elsewhere, Vietnam is attempting to remain on the front foot with continued business confidence and inflow of foreign investment.

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VIETNAM ECONOMY INVESTMENT

VIETNAM TO MAINTAIN STRONG, STEADY GROWTH

Vietnam’s economic growth is expected to rebound to 6.7% this year, despite the recent resurgence of the COVID-19 pandemic in nearby countries, and rise to 7% in 2022, said Andrew Jeffries, ADB Country Director for Vietnam, at an event releasing the latest Asian Development Outlook (ADO 2021) in Hanoi.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - MAY 11, 2021

1. Banks' bad debts increase sharply in Q1/2021
2. Vietnamese banks attractive to foreign investors
3. Quality of Governance and Services Delivery Improve Remarkably
4. Foreign investors laud Vietnam's infrastructure development plan: Barron's
5. Doing business in the time of the pandemic
----and more news

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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- MAY 11, 2021

1. Speciality automobile supply
2. Materials and equipment supply
3. Materials and components supply
4. Materials and components supply-bid extend
5. UPS system supply and installation
----and more news

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

FOREIGN INVESTORS INCREASE ACQUISITIONS OF RENEWABLE ENERGY PROJECTS IN VIETNAM

Foreign investors from China, Thailand, and Singapore are increasingly acquiring renewable energy projects located at strategic positions from domestic enterprises.


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