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GARMENT / TEXTILE

TEXTILE AND GARMENT PRODUCTION STRUGGLES DUE TO LACK OF FABRIC

Việt Nam’s underdeveloped fabric production is making it difficult for textile and garment businesses to take advantage of free trade agreements, including the Europe – Việt Nam FTA (EVFTA).

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BANKING / FINANCE / INSURANCE / TAX

VIETNAM TO ALLOW BANKS TO USE FOREIGN E-WALLETS FOR INT’L PAYMENTS

The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.

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VIETNAM BUSINESS FORUM / QUESTIONNAIRE

MPI DRAFT DECREES GUIDING INVESTMENT LAW AND ENTERPRISES LAW

Thank you for your comments on the Draft Decrees guiding Investment Law, Enterprises Law, and PPP Law. We have consolidated and herewith enclosed our final papers which have been submitted to the Government for your information.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

RAISING GROWTH VIA PUBLIC INVESTMENT

The government has proposed a strong 5-year increase in public investment to achieve high economic growth, with more opportunities for private investors to join.

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HOT NEWS

INDIAN EXPERTS, FRANCE RETURNEE UP VIETNAM COVID-19 TALLY

Vietnam confirmed three more imported Covid-19 cases Tuesday, a Hanoi man returning from France and two Indian experts, taking its active tally to 72.

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PROPERTY / INDUSTRIAL ZONE

HCMC SERVICED APARTMENT RENTS HIT FIVE-YEAR-LOW

The $23 per square meter per month price tag in the third quarter marks a 10 percent year-on-year fall, according to data compiled by real estate consultancy Savills.

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HOT NEWS

VN, JAPAN AGREE TO LIFT MANDATORY QUARANTINE FOR SHORT-TERM ENTRANTS NEXT MONTH

Viet Nam and Japan have agreed to implement an expedited arrival procedure for short-term entrants from November 1, according to a press release of the Ministry of Foreign Affairs.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

SHIPMENTS BOUND FOR EU TWO YEARS AGO ELIGIBLE FOR TAX INCENTIVES

Shipments bound for the European Union (EU) market before August 1, the day the EU-Vietnam free trade deal took effect, will still be granted a certificate of origin (C/O) to enjoy preferential tax policies as part of the agreement.


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