GEMALINK INTERNATIONAL PORT WELCOMES FIRST COMMERCIAL VESSEL
The first phase of the Gemalink international port, which is located in the southern province of Ba Ria-Vung Tau, was put into operation with the welcoming of the first commercial vessel on January 19.
DRAFT AMENDMENTS TO DECREE 52 ON E-COMMERCE ACTIVITIES DISCUSSED
Despite the effects of the COVID-19 pandemic, the Vietnamese e-commerce market is still booming. Therefore, the amendment and supplementation of Decree 52/2013/NĐ-CP on e-commerce to better manage the activity, considered "the future of the retail market", is extremely necessary.
VN EYES STRONG RECOVERY FROM PANDEMIC THIS YEAR
Việt Nam's economy is likely to experience a strong bounce back in 2021 with GDP growing at 6.9 per cent in the best-case scenario in which the country able to secure significant FDI investment boosts coupled with a strong recovery of the global economy, according to a forecast by the Vietnam Institute of Economics (VIE).
VIETNAM TENDERS DAILY- JANUARY 19, 2021
1. Colour separator supply-bid extend
2. Coal conveyor supply-bid extend
3. Air conditioner supply andn installation
4. Communication equipment supply-bid cancel
5. Chemicals and materials supply
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INDUSTRIAL REAL ESTATE IS BRIGHT SPOT IN 2020 MARKET
In 2020, the average occupancy rate in industrial zones was up more than 70 per cent year-on-year. The average factory rental price nationwide was VNĐ60-80,000 per sq.m and the purchase price of land in industrial zones with infrastructure ranged from VNĐ3 to 5 million per sq.m, according to Nguyễn Văn Đính, Vice President cum General Secretary of the Việt Nam Real Estate Brokerage Association.
HCM CITY HAS SIX MORE QUARANTINE HOTELS
The six hotels are Đông Đô, Hoa Đệ Nhất, Hưng Hương and Park Royal in Tân Bình District, New Milano in District 7, and Eastin Grand Saigon in Phú Nhuận District.
HO CHI MINH CITY SEEKS INVESTMENT FOR SEVEN MAJOR PROJECTS
The projects include the second phase of the Metro Line No. 2, which connects Ben Thanh market with Thu Duc district’s Thu Thiem ward and Tham Luong to Tay Ninh bus station in Cu Chi district.
LONG-TERM DEVELOPMENT COMMITMENTS REALISED THROUGH STRATEGIC M&A MOVES
A potential rise in mergers and acquisitions is sparking concerns that local firms will lose competitiveness by selling themselves to foreign investors. However, experts believe that local businesses have more to gain than to lose by striking deals.
