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VIETNAM ECONOMY INVESTMENT

MANUFACTURERS MAY PAY MORE THAN $259 MILLION PER YEAR IN RECYCLING COSTS

Dau Anh Tuan, deputy secretary general of the Vietnam Chamber of Commerce and Industry (VCCI), spoke at a meeting on July 28 regarding recycling costs and extended liabilities in Vietnam, saying "It is not feasible for manufacturers and importers to carry out their responsibilities efficiently without proper recycling cost norms."

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VIETNAM ECONOMY INVESTMENT

VIETNAMESE MANUFACTURERS SHOW SIGNS OF STABILISATION AMIDST MARKET SLOWDOWN

In particular, new orders declined just slightly in July, despite some indications that demand was stabilising. However, manufacturers indicated that overall demand was still weak, especially in export markets. New export orders have declined far faster than that rate of new business, highlighting the specific difficulties internationally.

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MEMBER CORNER / PROMOTIONS

BEAUTIFUL PEONY, FULL OF WEALTH

Mid-Autumn Festival is a cultural tradition in Vietnam, an occasion for family members to gather together under the moonlight, enjoy mooncakes and exchange sweet wishes. In harmony with this festive atmosphere, LOTTE HOTEL SAIGON launches a mooncake collection MAU DON PHU QUY with the message "Beautiful peony, full of wealth" as good wishes and prosperity to every family.

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MEMBER CORNER / PROMOTIONS

'NATURE'S EMBRACE' MOONCAKE COLLECTION

In the hearts of the people of Vietnam and beyond, the Moon Festival dances with a cherished grace, adorned in rich traditions and cultural embrace. It is a time for families to gather and express gratitude for the abundance of the harvest season, to appreciate the beauty of nature and the changing seasons.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JULY 27, 2023

1. Grow stock market to ease pressure on the money market
2. Corporate bond market to continue to face headwinds in H2
3. Banks have liquidity to cut lending interest rates, but no demand: SBV
4. MPI satisfied with productive NYC talks
5. Vietnam intensifies scrutiny of construction equitisation
----and more news

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MEMBER CORNER / PROMOTIONS

FLOURISH: A MUSICAL ODYSSEY - A CONCERT IN SUPPORT OF LOCAL CHARITIES

Held in the magnificent Saigon Opera House, Ho Chi Minh City, but also available online, this concert is in aid of two Vietnam-based charities – Saigon Children’s Charity and Newborns Vietnam. It is also an opportunity to celebrate 50 years of diplomatic relations between the U.K. and Vietnam.

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MEMBER CORNER / PROMOTIONS

365BEGIN MOONCAKE COLLECTION 2023 - "CELEBRATE THE FULL-MOON WITH NATURE!"

365Begin is the pioneer in innovating the first Plant-based mooncakes in Vietnam. We are proud to develop pastry technology with honey to create a captivating texture for the mooncake. In 2023, we introduced a collection of new savory flavors for our plant-based mooncake, which you have never tasted before. As a new member of Hong Kong Commercial Chamber of Vietnam, we’d like to introduce the new taste of our plant-based mooncakes.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JULY 26, 2023

1. Tight outlook with new offshore borrowing rules
2. Measures needed to increase capital absorption of firms
3. Policy credit supporting ex-prisoners in their new lives
4. Urgent actions needed to address investment barriers
5. HCM City keen on social housing development
----and more news


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