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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 11, 2021

1. Raising capital remains a stressful task
2. Fintechs raise capital to expand market share
3. Vietnam looks to become AI hub in Asean by 2030
4. Ministry of Finance proposes registration fee cut for electric cars
5. Vietnam continues to purchase electricity from Laos
----and more news

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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- AUGUST 11, 2021

1. Prestressed concrete sleepers supply
2. Caterpillar bulldozer rake spare parts supply
3. Caterpillar bulldozer rake spare parts supply
4. Prestressed concrete sleepers supply
5. Virtual computing infrastructure supply
----and more news

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MEMBER CORNER / PROMOTIONS

RESTAURANT & BAR DESIGN AWARDS 2021 SHORTLIST

The Vietage luxury railway carriage has made the shortlist for the 2021 Restaurant & Bar Design Awards in the ‘In Another Space’ category.  The Vietage combines old-world comfort, breathtaking views and gourmet dining to leave you inspired, refreshed and ready for your next destination.

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VIETNAM ECONOMY INVESTMENT

ELECTRONICS EXPORTS FORECAST TO BE ROBUST THIS YEAR

The electronics industry is forecast to have a robust year, driven by the increase in demand for communication's products due to demand caused by social distancing measures implemented to tackled rising cases of COVID-19, according to the Ministry of Industry and Trade.

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VIETNAM ECONOMY INVESTMENT

HARRIS VISIT ILLUSTRATING US EMBRACE OF SE ASIA

Vietnam and the United States are expected to see their bilateral ties, especially in investment and trade, to escalate from this year thanks to the latter’s high-level visits to the former, with both nations expected to raise their relationship to a higher level.

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BANKING / FINANCE / INSURANCE / TAX

BANKING FEES REDUCED TO HELP CUSTOMERS OVERCOME PANDEMIC EFFECTS

Many banks have reduced or even waived fees for interbank transfers and ATM withdrawals for the rest of the year following similar cuts by the National Payment Corporation of Việt Nam to support customers hit by the latest COVID-19 outbreak.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

GEMADEPT REPORTS POSITIVE RESULTS BUT NEGATIVE FINANCIAL CASHFLOW

Gemadept Corporation, the owner of the largest Gemalink deep-water port in Vietnam, reported positive business results but negative cashflow in the first seven months of 2021.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 10, 2021

1. HCM City landlords struggle to repay bank debts as rents dry up
2. Many banks have new leaders
3. Pawn shop chain to issue $17 million worth of bonds
4. Fertiliser price hikes concern farmers in Vietnam
5. Hanoi invests efforts in developing key industrial products
----and more news


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