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VIETNAM ECONOMY INVESTMENT

SCIENCE MINISTRY ISSUES ISO STANDARDS TO REALISE VN’S NET ZERO COMMITMENTS

The Directorate for Standards, Metrology and Quality under the Ministry of Science and Technology has issued International Standardisation Organisation (ISO) standards named TCVN ISO 14090:2020 that contain principles, requirements and guidelines to instruct organisations and sectors to adapt to climate change.

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BANKING / FINANCE / INSURANCE / TAX

COMMERCIAL BANKS CONTINUE TO CUT DEPOSIT INTEREST RATES

In line with this trend, Military Bank (MB) has revised its rates downward by 0.1-0.2 percentage points per year as of 15 August 2023. Significantly, the 12-month term interest rate at MB has fallen to a mere 6.1 per cent per annum. This represents the lowest deposit rate within the banking system, and is even lower than the interest rate for the equivalent term at the four largest State-owned commercial banks: Vietcombank, VietinBank, BIDV, and Agribank.

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PROPERTY / INDUSTRIAL ZONE

TWO MINISTRIES TO LAUNCH EXCHANGE FOR LAND USE RIGHTS

The establishment of a land use right exchange is vital for the centralised management of the realty sector. The statement was made by Deputy Minister of Natural Resources and Environment Lê Minh Ngân at a governmental meeting on Monday.

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PROPERTY / INDUSTRIAL ZONE

TWO MINISTRIES TO LAUNCH EXCHANGE FOR LAND USE RIGHTS

What ministries had to do now to pave the way for the platform, Hà said, is to define its operational mechanics and its responsibilities towards businesses, set the criteria for their admission to the platform, and establish a mechanism under which data among platforms can be transferred.

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PROPERTY / INDUSTRIAL ZONE

REAL ESTATE GRAPPLES WITH NEW FOCUS

Real estate insiders are predicting a strong end to 2023 in terms of recovery in various segments, and launches are already underway, but this will occur in tandem with government moves to adjust currently tight regulations on real estate lending.

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MEMBER CORNER / PROMOTIONS

INDEPENDENCE BLISS (01 - 03 SEPTEMBER 2023)

Indulge in a memorable city staycation at Sedona Suites HCMC over Vietnam's National Day weekend (September 01 to 03). Choose a Studio Room for VND 3,900,000++ per night, or elevate your experience with a One-Bedroom Suite at VND 4,700,000++ per night.

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MEMBER CORNER / PROMOTIONS

PRIVATE EQUITY IN VIETNAM 2023: STEERING THROUGH CHALLENGES

After the tumultuous pandemic years of 2020-2021, the world was just beginning to move forward with the hope that 2022 and years ahead would be bright and positive. However, the combination of unexpected events including war, inflation, energy scarcity, and climate change since the later half of 2022 put the global economies on a threat recession. 

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MEMBER CORNER / PROMOTIONS

PEBSTEEL JOINS VIETFISH AND VIETNAM INDUSTRIAL PROPERTY FORUM 2023

Pebsteel participating in VIETFISH 2023 exhibition and Vietnam Industrial Property 2023 to introduce high-quality products and services to potential customers in the seafood and industrial real estate sector. Pebsteel is a best-in-class one-stop provider for efficient, spacious, modern warehouses and buildings.


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