HCM CITY TO BUILD SEVEN NEW LOGISTIC CENTRES
The southern economic hub of Ho Chi Minh City will build seven new logistic centres from now to 2025, the municipal People’s Committee said on July 3. They include the Hi-Tech Park in Thu Duc ciy, Cat Lai, Long Binh, Linh Trung, Cu Chi, Hiep Phuoc, and Tan Kien. Besides, the city will also call for investment to four out of the seven logistics centres.
VIETNAM BECOMES PREFERRED INVESTMENT DESTINATION FOR JAPANESE CORPORATIONS
Matsumoto revealed the findings of JETRO's annual survey, which queries Japanese companies about their expansion and investment aspirations. Until 2020, the dominant investment focus had been China. However, a trend shift occurred in 2021, with Vietnam outstripping China as the favoured destination for Japanese firms.
INTELLASIA FINANCE & BUSINESS NEWS - JULY 5, 2023
1. HCM City's credit growth remains slow in H1
2. Electronic payment continues to flourish in Vietnam
3. Sacombank named among 10 most innovative enterprises
4. Vietnam's economy shows bright spots amid global difficulties
5. Forestry products bring home over 6.4 billion USD from exports in H1
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INTELLASIA FINANCE & BUSINESS NEWS - JULY 4, 2023
1. Cashless payment on the rise in Vietnam
2. SCB announces branch closures amidst restructuring
3. Vietnam's PMI recovers but still under 50
4. VCCI comments on draft decree about VAT cuts
5. Textile apparel sector in dire straits
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SCAMS OF CRIMINALS USING HIGH TECHNOLOGY
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DISCOVER A GIANT SKEWER MEAT NIGHT AT THE CANVAS RESTAURANT
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:
INTELLASIA FINANCE & BUSINESS NEWS - JULY 7, 2023
1. SBV prohibits loans for deposit, gold purchase, and refinancing
2. Finance ministry finds 4 insurers flouted bancassurance regulations
3. Index of industrial production up 0.44pct in six months
4. Squid and octopus exports a bright spot from Japanese market
5. Vietnam promotes development of eco-industrial parks
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DOING BUSINESS IN VIETNAM 2023
Vietnam's economy registered a strong recovery with a GDP growth rate of 8.02% in 2022, but since the fourth quarter of 2022, headwinds have been negatively affecting Vietnam's economy. Nevertheless, the economic outlook for 2023 is still optimistic as Vietnam is expected to recover in the second half of the year, preserving its position as a rising star in the ASEAN region.
