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BANKING / FINANCE / INSURANCE / TAX

INTEREST RATES REDUCE IN ALL MARKETS IN WAKE OF CENTRAL BANK’S POLICY RATE CUT

Interest rates on the interbank market, the open market operation (OMO) channel and commercial banks have all decreased after the State Bank of Vietnam (SBV) cut several policy interest rates last week.

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VIETNAM ECONOMY INVESTMENT

DONG NAI’S FDI ATTRACTION BOOMING, NEARLY TRIPLE IN Q1

Foreign direct investment in the southern province of Dong Nai surpassed 500 million USD in the first quarter this year, nearly tripling that in the same period last year, according to the management board of the provincial industrial parks.

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BANKING / FINANCE / INSURANCE / TAX

VIETNAM ADJUSTING POLICIES TO ADAPT TO GLOBAL MINIMUM CORPORATE INCOME TAX: OFFICIAL

Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.

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VIETNAM ECONOMY INVESTMENT

DOWNWARD TREND IN FDI PERSISTS

According to the Ministry of Planning and Investment's Foreign Investment Agency (FIA), foreign direct investment (FDI) stood at $5.45 billion in the first quarter of 2023, equivalent to just 61 per cent on-year. The reason is said to be the lack of billion-dollar projects, with the $1.32 billion Lego investment making up 41 per cent of FDI in the first quarter last year.

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - MARCH 28, 2023

1. Inadequate regulations hinder green credit growth
2. Investment channels to remain difficult in near future
3. Foreign Bank in Vietnam' in 2022-23
4. Sanctions hit Vietnamese exports to Russia
5. Attracting Japanese investment into new fields
----and more news

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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- MARCH 28, 2023

1. Crawler upturn hydraulic excavator
2. Specialty automobile supply
3. Construction Equipment supply and installation
4. Digital subtraction angiography repair
5. External trauma Material supply
----and more news

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INTELLASIA FINANCE BUSINESS NEWS

INTELLASIA FINANCE & BUSINESS NEWS - MARCH 27, 2023

1. Banks underwriting bonds should buy back bonds: central bank
2. Vietnam's inflation forecast to reach 4.8pct in 2023
3. Vietnam promotes negotiations of FTA with Mercosur
4. Binh Duong's key economic indicators see negative growth in Q1
5. Cumbersome procedures destroy creativity
----and more news

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VIETNAM TENDERS DAILY

VIETNAM TENDERS DAILY- MARCH 27, 2023

1. 4D general supersonic machine supply
2. Experimental chemicals and tools supply
3. Medicine, medical materials supply
4. Equipment and materials supply
5. Vocational training equipment supply
----and more news


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