Business News

Vietnam Business Forum is an on-going policy dialogue between the Government and business community aiming at a favorable business environment and a sustainable economic development in Vietnam.

"A glamourous and elegant celebration of SCC's 25th Anniversary – at Park Hyatt Saigon – 3rd June, 7:00PM. To celebrate midsummer and to bring an evening of magical escape and enjoyment, SCC is holding its 9th Annual Saigon Summer Ball to help raise much-needed funds to support its important work.

This dynamic event is designed to highlight different approaches in Vietnam to corporate social responsibility and creating shared value, the difference between charity and development initiatives, as well as strategies for corporate partnerships with not-for-profit organizations.

“Developing a healthy logistics service market, creating equal opportunities for enterprises of all economic sectors, and attracting domestic and foreign investment capital in accordance with Vietnamese law and international treaties to which Vietnam is a member etc.” is an objective of the Action Plan for Vietnam Logistics Service Competitiveness Improvement and Development to 2025 approved by the Prime Minister in Decision 200/QD-TTg dated February 14, 2017. This action plan is expected to create momentums for logistics companies in Vietnam already being at an advantage to make a progress.

The Vietnam Real Estate Association (VNREA) said that since banks raised long-term deposit rates (through certificates of deposit), lending rates have been placed under growing upward pressures. This may adversely affect the real estate market. However, the second quarter is expected to witness better performance.

It is the bank shareholders meeting season, and topping the agenda, besides the dividend payout ratio, is increasing their regulatory capital. On April 15 Techcombank announced it would hike its charter capital by VND5 trillion (US$220 million) to nearly VND14 trillion ($616 million) this year by selling more shares.

The northern province of Ha Nam aims to lure 130-150 projects to its industrial parks (IP) in 2017-2020, with total investment of up to VND50 trillion (US$2.19 billion), including US$1.5-1.8 billion in foreign investment.

To provide information about the rules of origin in the EU-Vietnam Free Trade Agreement (EVFTA), the mechanism of origin self-certification, as well as experience of other countries around the world for Vietnamese garment and textile enterprises, the Vietnam Textile and Apparel Association (Vitas) recently cooperated with the European Trade Policy and Investment Support Project (EU-MUTRAP) to hold a workshop on “ Vietnam Textile and Garment Conference on Rules of Origin in the EVFTA Agreement.”