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MEMBER CORNER / PROMOTIONS

SPOTLIGHT SUMMER FROM AUTHENTIC JAPANESE CUISINE

DISCOVER CULINARY PARADISE IN SAI GON
Featuring several restaurants serving cuisines from Asia to Europe, LOTTE HOTEL SAIGON provides all the needs of visitors looking for a place to eat that offers a variety of colors - shades - tastes. This July, customers will enjoy attractive promotions:

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JULY 17, 2023

1. Credit balance sees increase of 4.73pct
2. OCB to conduct early repurchase of bonds worth VND1 Trillion
3. Experts confident in Vietnam's economic recovery
4. Vietnam has eyes on a new logistics centre in Asia Pacific
5. FDI inflows into real estate total over 66 billion USD
----and more news

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GARMENT / TEXTILE

TEXTILE APPAREL SECTOR LOSING ADVANTAGE IN PRICE COMPETITION

Many producers in the textile apparel sector are on tenterhooks as export orders are increasingly shifting to other countries like Bangladesh or India for more favourable pricing. Thanh Cong Textile Garment Investment and Trading JSC (TCM) incurred shortages of export orders from the second quarter (Q2) of this year, leaving its factories running below their capacity.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JULY 14, 2023

1. Vietnam to cut lending rates by at least 1.5pctage points
2. Banks have not revealed H1 profit results
3. Vietnam Seeks to Promote Exports
4. Binh Phuoc sees impressive surge in FDI attraction
5. Hanoi prioritises investment in underground infrastructure
----and more news

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JULY 13, 2023

1. Lacking capital, businesses seek loans from individuals, not banks
2. OCB buys back bonds before maturity
3. PVI Insurance and NongHyup P&C sign MOU to enhance collaboration
4. Effective mechanisms will ensure an efficient PDP8
5. Vietnam's automobile market grows 15pct in H1
----and more news

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - JULY 12, 2023

1. Central bank allocates all credit growth quotas for banks
2. Exchange rate increase to limit interest rate reduction possibility
3. Experts give recommendations to boost economic growth in new context
4. Steel imports flood Vietnam, diminishes domestic production
5. EPR fees to add to plastic companies' bills
----and more news

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CHARITY / EXHIBITION / OTHER EVENTS

GREEN ECONOMY FORUM FOR A SUSTAINABLE DEVELOPMENT COUNTRY 2023

The Vietnam Environmental Industry Association and some relevant agencies organize the “Green Economy Forum for a Sustainable Development Country 2023” in which the organizing committee will praise “Sustainable and Green Enterprises; Eco-friendly Green Industrial Parks”. The forum is expected to be held in October 2023 at the International Convention Center, Hanoi.

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MEMBER CORNER / PROMOTIONS

[GIFT FROM SNETEL] PANASONIC FAX MACHINES FOR HKBAV

SNETEL currently provides 200 brand new Panasonic fax machines as a COMPLIMENT to the members and friends of HKBAV.
These fax machines are high-quality, reliable, and come with a range of advanced features that can streamline communication processes. Individuals or organizations who are interested in just need to cover the shipping fees or arrange for self-pickup at Snetel warehouse in HONG KONG, based on your convenience.


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