REMITTANCES TO HCM CITY REACH $1.2 BILLION IN Q1
Remittances to HCM City were estimated to reach US$1.2 billion in the first quarter of this year, according to Nguyen Hoang Minh, Deputy Director of the State Bank of Vietnam’s branch in the southern city.
CAI MEP INTERNATIONAL TERMINAL RUNNERS UP IN PERFORMANCE EVALUATION OF ASIA'S CONTAINER PORTS
Cai Mep International Terminal (CMIT) was the runner-up in the performance evaluation of Asia's container ports in 2018. The French shipping company CMA CGM Group, one of the world’s largest shipping company and member of the Ocean Alliance has announced the performance evaluation of Asia's 22 container ports in 2018.
PLAN ON IMPROVING LOGISTICS PERFORMANCE INDEX RATIFIED
The Minister of Industry and Trade has issued a Decision on approving a plan improving Viet Nam’s logistics performance index. The plan aims to improve the ranking of Viet Nam in the Logistics Performance Index (LPI), which is announced by the World Bank from 5-10 steps by 2025 (in 2018, Viet Nam occupied the 39th position in the world in LPI ranking).
LIKELY PROPERTY MEGATRENDS IN 2019
Vietnam’s real estate still grew within an acceptable level in 2018, according to industry insiders. Nearly 50% of property businesses believed that the real estate market fared slightly better than in 2017. So, how will the market perform in 2019?
BUSINESS TAX AND REGULATIONS SEMINAR 2019
Grant Thornton Vietnam will organise the annual Business Tax and Regulations Seminar in 2019. Recognizing recent changes in Vietnam and global tax landscape, this seminar aims to share insights on the following issues. We believe the topics will benefit local and multinational businesses as the business environment is changing constantly and more complex than before.
TRUE ITALIAN TASTE BY ICHAM - EXPERIENCE ITALIAN TASTE IN THE HEART OF HANOI
TRUE ITALIAN TASTE is part of The Extraordinary Italian Taste series, a project promoted and financed by the Ministry of Economic Development of Italy, coordinated by Assocamerestero (Association of Italian Chambers of Commerce Abroad) in collaboration with the Italian Chamber of Commerce in Vietnam, with the support of the Italian Embassy in Hanoi. The project aims to promote and safeguard the Italian authentic and quality agri-food products.
CREDIT GROWTH RATE ESTIMATED AT 2.28 PER CENT IN Q1
The central bank reported that in the first three months of 2019, exchange rates and the foreign exchange market remained stable, supported by the abundant foreign currency supply, good liquidity in the market, and credit organisations’ continued purchase of foreign currencies from their clients. These have created optimum conditions for the SBV to continue buying foreign currencies to add to foreign exchange reserves, it noted.
FRESH POLICIES COME INTO FORCE SINCE APRIL
Tontine member is a person aged at least 18 years of age. With regard to a person aged from fifteen to under eighteen, if the private property is real estate or movable property required for registration to participate in the tontine, he/she must obtain the consent of his legal representative (Article 5).
