WORLD BANK OFFERS NEW CREDIT TO DEVELOP URBAN CENTRES
The World Bank (WB) Board of Executive Directors yesterday approved a US$194.36 million credit plan to help four secondary cities in Việt Nam build critically-needed municipal infrastructure and strengthen urban planning.
VNA PLANS US$80 MILLION LOGISTICS PROJECT IN CAN THO
The Mekong Delta is the country’s largest agricultural production area and has seen growing demand for air cargo transportation, especially for high-value items for export. In 2017, the volume of goods transported from the region through Tan Son Nhat airport in HCMC exceeded 70,000 tons.
YEAR-END PROPERTY MARKET TREND: POSITIVE SHIFT TOWARD MORE SUSTAINABILITY
Vietnam’s real estate market will positively shift toward more sustainability from now until the end of 2019, according to real estate experts. However, tightening property credits by the banking system will make investors more cautious, resulting in more selective development.
POLICY KEY TO BOOSTING VIET NAM’S DIGITAL ECONOMY, SAY EXPERTS
The Ministry of Industry and Trade (MoIT)’s key task is to evaluate the building and adjustment of policies to support the development of the digital economy, according to Deputy Minister Cao Quốc Hưng.
VIET NAM’S CREDIT GROWTH EXPANDS BY 5.07% IN FIVE MONTHS
The credit growth of Vietnamese banks in the first five months of this year expanded by 5.07 per cent against the end of 2018, the State Bank of Việt Nam (SBV) reported.
CARGO VOLUMES AT SEAPORTS REMAIN IMBALANCED
However, seaports in the north serve 25%-30% of the total volume of cargo and those in central provinces, only 13%, while customs clearance procedures for 57% of cargo are done at seaports in the south.
SHARED DATABASE NEEDED TO FIGHT TAX LOSS IN E-COMMERCE
A shared database was necessary because there is no specific measure to calculate revenues, sales and expenses of organisations and individuals selling goods and services online, according to the Ministry of Industry and Trade’s Vietnam E-commerce and Information Technology Agency deputy director Lại Việt Anh.
CENTRAL CITY TO BUILD NEW TERMINAL
Đà Nẵng will build a new terminal, T3, at its international airport with total investment of VNĐ9 trillion (US$391 million), increasing the airport’s capacity to 28 million passengers and 200,000 tonnes of cargo by 2030.
