HIGH COSTS SETBACK TO GREEN TRANSITION IN MARITIME TRANSPORTATION
High costs are putting obstacles in the way of ocean carriers trying to go green, heard a seminar on sustainable maritime transporation last week. A representative from the Vietnam Maritime Corporation (VIMC) said the Carbon Intensity Indicator (CII) measures how efficiently a vessel transports goods and passengers.
VIETNAM EXPECTED TO ISSUE NEW VISA POLICIES TO BOOST TOURISM SECTOR
In a bid to revive the struggling tourism sector, Vietnam is set to unveil a series of new visa and immigration policies at the upcoming National Assembly meeting. These policies are expected to bolster the country's socioeconomic development by attracting foreign visitors, following the devastating impact of the COVID-19 pandemic.
HANOI TOPS COUNTRY IN FDI ATTRACTION IN FIRST FOUR MONTHS
Hanoi led Vietnam in attracting foreign direct investment (FDI) in the first four months of this year, securing more than 1.7 billion USD in capital during the period, according to the Ministry of Planning and Investment.
LONG AN - DESTINATION FOR LOGISTICS PROJECTS
Long An is located adjacent to Ho Chi Minh City, a bridge between the Southern Key Economic Region and the Mekong Delta. The province has 37 industrial parks (ranked 5th in the country by number, 13th by FDI value and 3rd by domestic investment value), a border gate economic zone and an international port.
LOCAL AUTO FIRMS EXPECT EXTENSION FOR EXCISE TAX PAYMENT
The total amount of special consumption tax (SCT) or excise tax on domestically manufactured and assembled automobiles, proposed for payment extension from June, July, August and September of 2023, is estimated at VND10,400 - 11,200 billion.
IMPROVING BANKABILITY OF PPP PROJECTS IN VIETNAM
In recent years, many Public-Private Partnership (PPP) projects in transportation, energy, and other infrastructure sectors in Vietnam have failed to secure financing from commercial banks and other lenders. The lack of interest from lenders and financiers in these PPP projects has raised important questions about the bankability of projects procured under a PPP model.
CELEBRATE MOTHER’S DAY IN THE SWEET WAY
Summer is associated with trips, why not travel to Saigon city you love? It is a greeting from a fresh perspective with many attractive promotions at LOTTE HOTEL SAIGON on Mother's Day (14th May).
INTELLASIA FINANCE & BUSINESS NEWS - MAY 10, 2023
1. Demand for gold decreases in Vietnam
2. Vietnam lawmakers call for further rate cut to prop up growth
3. Corporate bond market prudently recovers
4. Cash crunch prompts fire sales at large firms
5. Taking advantage of opportunities for exports to China
----and more news
