TIGHTENED MONETARY POLICY FORECAST FOR Q4 2018
The State Bank of Việt Nam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.
PERFECTING THE TEXTILE AND APPAREL SUPPLY CHAIN
Two major foreign direct investment projects on accessories production in the textile and apparel industry concurrently coming online late last month have boosted the sector’s production capacity as well as perfected its supply chain.
FDI FLOWS REMAIN STRONG IN REAL ESTATE
The Vietnamese real estate sector has been attracting a large proportion of international investment inflows over the past years and the country is expected to remain one of the world’s most attractive markets for foreign developers in the years to come.
RESTRUCTURING CONSTRUCTION BUSINESSES
One of the key tasks of the Ministry of Construction is restructuring State-owned enterprises (SOEs) in 2018. Wherein, accelerating the equitisation of SOEs and divesting from equitised enterprises is a priority.
FOREIGN VISITORS TO VN UP 22.9% IN NINE MONTHS
As many as 11.6 million foreign visitors to Viet Nam in the first nine months of 2018, a year-on-year increase of 22.9%, according to the General Statistics Office.
The numbers of foreign visitors travelling by air, sea and road reached 9.4 million, 190,805 and two million, witnessing respective increases of 17.4%, 0.5% and 62.1%.
POLICIES COME INTO EFFECT IN OCTOBER
A series of policies on business registration, rice export business, management of foreign exchange for border trade activities between Viet Nam and China come into force in October.
VŨNG TÀU TO INVEST IN LOGISTICS, PORT
Bà Rịa–Vũng Tàu Province plans to build a new logistics centre and container port with total investment of VNĐ50 trillion (US$2.17 billion).
LARGE INFRASTRUCTURE PROJECT CONFERENCE 2018 “BUILD FOR LIFE”
Large Infrastructure Project Conference 2018 - “BUILD FOR LIFE” organized by INSEE Vietnam will be taken place at Sheraton Saigon Hotel in HCMC on 11th October 2018. This conference will be the first one focusing on large infrastructure developments and trends. With the presence of more than 200 local & international business leaders, government officials, developers, construction companies, consultants, architects and associations, it will be a highly exciting and respected construction industry melting hub.
