PROPERTY MARKET GETS $77.6MN IN FDI IN JANUARY
Foreign investors pumped in a total of US$77.6 million in the real estate market in January, according to statistics of the Foreign Investment Agency. The real estate sector ranked third among 19 sectors with foreign direct investment (FDI) in January, attracting 6.2 per cent of the total registered FDI.
LOCAL BANKS INVEST MORE IN LONG-TERM BONDS
Commercial banks have been active in the bond market, buying more 30-year Government bonds which they earlier considered risky, according to Forbes Vietnam.
POLICIES EFFECTIVE SINCE FEBRUARY, 2018
A string of policies on business income, social insurance, logistics, digital signatures, unbaked materials come into effect from February, 2018.
CẦN THƠ SEEKS INDUSTRIAL PARK INVESTORS
he Mekong Delta City of Cần Thơ’s Trade and Investment Promotion Centre plans to promote investment in the Việt Nam – Japan Industrial Park this year, according to Nguyễn Khánh Tùng, director of the centre.
FOREIGN EXCHANGE MARKET TO BE STABLE IN 2018
Commercial banks are optimistic about the foreign exchange market in 2018, noting that the market would be stable with the Vietnamese đồng devaluing slightly by some 0.5-1 percentage points to VNĐ22,710 to VNĐ22,950.
TRANSPORT MINISTRY TO SPEED UP PROJECTS IN 2018
The Ministry of Transport’s main task this year is to speed up transport projects, Deputy Minister Nguyễn Ngọc Đông said on Thursday. He was speaking at a meeting to review 2017 and set goals for 2018.
HCMC INDUSTRIAL ZONES SEEK $900M THIS YEAR
The HCM City Export Processing Zones and Industrial Parks Authority (Hepza) hopes to attract new investment worth US$900 million this year. More than 60 per cent is targeted in four technology-oriented industries -- food processing, chemical-rubber, mechanical, and information technology and supporting.
MINISTRY BACKS DOWN ON VAT
Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move.
