BANKS CALL FOR CUSTOMERS' CAUTION AGAINST CYBER ATTACKS
[13-08-2016] Commercial banks have called for customers to use caution when using telephones and the internet, as hackers may steal from them. This followed a warning from the State Bank of Viet Nam (SBV), which told credit institutions and payment intermediaries on July 30 that criminals could attack important information technology (IT) systems in Viet Nam.
ADJUSTED HN CONSTRUCTION MASTER SCHEME ANNOUNCED
[12-08-2016] The Ministry of Construction (MoC) announced the Ha Noi capital region that includes Ha Noi and nine neighboring provinces and around 21-23 million population. The MoC on August 11 in Ha Noi convened a ceremony to reveal the decision approving adjustments to the Hanoi Capital Region Construction Master Plan to 2030 with a vision to 2050.
HCM CITY REGISTERS GROWTH IN INDUSTRIAL PRODUCTION INDEX
[11-08-2016] The Index of Industrial Production (IIP) in Ho Chi Minh City expanded by 7.05% in the first seven months of 2016. Notably, key industrial sectors, including mechanics-manufacturing, electronics, chemical-rubber-plastic and food processing, posted a year-on-year rise of 7.3%, higher than the common growth of industry as a whole.
BA RIA VUNG TAU CALLS FOR INVESTMENT IN FOUR KEY AREAS
[11-08-2016] The southeastern province of Ba Ria – Vung Tau on August 10 organised a conference in Ho Chi Minh City calling for investment in four major areas. Those four areas are hi-tech industrial projects with high added value, energy saving, environmentally friendly and highly competitive products; seaport logistics for Cai Mep – Thi Vai international transit port; high-quality tourism projects focusing on sea resort tourism, Meetings, Incentives, Conferences, and Events ( MICE ) tourism, high-quality ecotourism and spiritual tourism; hi-tech agricultural projects with processing facilities and agricultural mechanics.
STATE PRESIDENT HIGHLIGHTS POTENTIALS IN VN, JAPAN€™S ECONOMIC COOPERATION
[10-08-2016] State President Tran Dai Quang on August 10 received Managing Executive Officer and Regional Chief Executive Officer of ASEAN Marubeni Corporation Shoji Kuwayama. Mr. Quang lauded developments in Viet Nam-Japan relations in all fields as Japan continues to remain the top economic partner, the largest Official Development Assistance (ODA) provider, and the second largest investor, and ranks fourth in trading with Viet Nam.
CAN THO ATTRACTS $175M IN FDI
[09-08-2016] Cần Thơ City has attracted US$175.7 million of foreign direct investment (FDI) capital this year, including a South Korean shoe-production plant that will be the largest FDI project in the Mekong Delta region.
HCMC LOOKS TO CREDIT GROWTH OF 18-20%
[08-08-2016] HCMC is striving to achieve credit growth of 18-20% this year, an eight-year high, heard a session of the HCMC People’s Council on August 4. Nguyen Hoang Minh, deputy director of the central bank’s HCMC branch, told the second session of the council that the city saw credit expanding 9% in 2013, 12% in 2014 and 15% in 2015, and that the estimate for this year is 18-20%.
CIRCULAR ISSUED TO STIPULATE NUMBER OF APARTMENTS OWNED BY FOREIGNERS
[08-08-2016] The Ministry of Construction has issued Circular No.19/2016/TT-BXD guiding the implementation of the Housing Law and Decree No. 99/2015/ND-CP dated October 20, 2015 of the Government guiding the implementation of the 2014 Housing Law.
