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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - APRIL 25, 2023

1. Banks allowed to repurchase bonds before one-year
2. PM urges swift restructure of lender SCB
3. Deputy PM urges hastening of public investment disbursement
4. Real estate project standstill no longer deemed acceptable
5. Vietnam to allow online business registration
----and more news

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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- APRIL 25, 2023

1. Consumable electrical spare parts supply
2. Railway coal weighing station equipment supply
3. Manufacturing materials supply
4. Special alloy steel billet supply
5. Underground cable construction tools supply
----and more news

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HOT NEWS

MESSAGE TO PREVENT COVID-19 IN THE NEW SITUATION

According to the Ministry of Health, face masks and disinfection are sound measures to prevent and control the COVID-19 pandemic in the new situation.

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VIETNAM ECONOMY INVESTMENT

VIETNAM TO ALLOW ONLINE BUSINESS REGISTRATION

Starting from July 1 this year, investors can register business online, making the business registration process simple and easy, particularly for household businesses. The Ministry of Planning and Investment has issued a circular amending and supplementing regulations on online business registration. According to the circular, file formats for online business registration include .doc, .docx and .pdf.

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VIETNAM ECONOMY INVESTMENT

HCMC LACKS INDUSTRIAL LAND FOR FDI PROJECTS

The city is running short of industrial land for big foreign direct investment (FDI) projects, said HCMC Chairman Phan Van Mai.
Speaking during a hybrid meeting with foreign investors chaired by Prime Minister Pham Minh Chinh late last week, Mai said the city now lacks large locations of industrial land for strategic investors.

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BANKING / FINANCE / INSURANCE / TAX

CREDIT INSTITUTIONS ALLOWED TO RESCHEDULE REPAYMENT TERMS

Credit institutions and foreign bank branches are now allowed to restructure the repayment terms to support clients struggling with production and business expenses. The State Bank of Vietnam (SBV) on Sunday issued Circular No. 02/2023/TT-NHNN stipulating the restructuring of repayment terms and keeping the debt group of credit institutions and foreign bank branches unchanged.

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PROPERTY / INDUSTRIAL ZONE

REAL ESTATE MARKET NEEDS CREDIT SOLUTIONS: EXPERTS

This was expressed by Prof. Ngo Tri Long, leader of the Ministry of Finance's Price Research Institute, during a seminar on the revitalisation and sound development of capital for the domestic real estate sector. The event, held on April 19, was organised by the Vietnam Financial Consulting Association (VFCA).

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MEMBER CORNER / PROMOTIONS

DELIGHTFUL AFTERNOON TEA AT LEGEND LOUNGE

Let’s enjoy several special holidays this April, including Easter Day, Reunification Day, The Hùng King’s Temple Festival, and International Workers' Day. After a busy day of work and daily life, LOTTE HOTEL SAIGON will become a "lively diary chapter", recording unforgettable moments as well as providing a refreshing retreat to relax and unwind.


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