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VIETNAM ECONOMY INVESTMENT

VIET NAM STEPS UP IMPLEMENTATION OF LABOUR COMMITMENTS IN FREE-TRADE AGREEMENTS

Accordingly, recently, with the efforts of the Vietnamese Government and relevant parties, by the end of December 2022, Việt Nam had joined 25 Conventions of the International Labour Organization (ILO), including nine out of 10 Fundamental Conventions, three out of four Administrative Conventions and 13 Technical Conventions.

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PROPERTY / INDUSTRIAL ZONE

HIGH-QUALITY FOREIGN INVESTING TAKES SHAPE IN INDUSTRIAL AREAS

For 2023, Quang Ninh province is focused on improving investment attraction efficiency and people’s life quality. In particular, the goal of attracting foreign direct investment (FDI) capital into industrial zones (IZs) is set to reach at least $1 billion, with priorities in luring financiers from countries and territories such as Japan, South Korea, China, and the EU, among others, to ensure the socioeconomic development consistent with the province’s potential.

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VIETNAM ECONOMY INVESTMENT

VIET NAM’S FOREIGN TRADE EXCEEDS US$500 BLN

In the first half of October, the nation earned US$14.2 billion from exporting, raising the total export value from the beginning of the year to October 15 to US$272.74 billion, a decrease of over US$24 billion in comparison with the same period last year.

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BANKING / FINANCE / INSURANCE / TAX

INTEREST RATE CUTS SEEN EATING INTO BANKS’ PROFITS

The chief economist of the Bank for Investment and Development of Vietnam (BIDV), Can Van Luc, has predicted the banking system may earn lower profits in 2023 than in previous years due to falling interest rates, the Vietnam News Agency reported.

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BANKING / FINANCE / INSURANCE / TAX

MOF PROPOSES 2 PER CENT VAT REDUCTION UNTIL MID-2024

The Ministry of Finance (MoF) has recommended reducing VAT by 2 per cent for the first six months of 2024 on some groups of goods and services that are currently subject to the 10 per cent rate.

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CHARITY / EXHIBITION / OTHER EVENTS

EXPORT PROMOTION AND BUSINESS MATCHING CONFERENCE - LONG AN 2023

Ministry of Industry & Trade of Vietnam in collaborate with People's Committee of Long An Province would like to invite you to attend the Export Promotion And Business Matching Conference Long An 2023.

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MEMBER CORNER / PROMOTIONS

SUMMER COOLING WITH OTTIMO HOUSE

Take a trip to a lush green garden in the heart of Saigon and enjoy seafood buffet or outdoor cocktail next to the “Urban Oasis”. The journey to open your senses in peaceful and relaxing environment will be even more poetic, promising to be an unforgettable vacation experience.

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MEMBER CORNER / PROMOTIONS

CHAU DUC INDUSTRIAL PARK

Chau Duc Urban Industrial Park & Golf Course, located in Chau Duc district, Ba Ria - Vung Tau province, is planned based on the great successful experiences of many industrial parks belong Sonadezi Corporation such as Bien Hoa 1 IP, Bien Hoa 2 IP, Go Dau IP, Long Thanh IP, Amata IP(business venture), etc.


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