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Business News
FDI INFLOW INTO VIETNAM REACHES NEARLY 15.2 BILLION USD
Vietnam attracted nearly 15.2 billion USD in foreign direct investment (FDI) in the first six months of this year, a year-on-year increase of 13.1 per cent, according to the General Statistics Office.
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GLOBAL SOURCING FAIR VIETNAM 2025
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VIETNAM ECONOMY INVESTMENT
VIETNAMESE ENTERPRISES GRAPPLE WITH CHALLENGES IN Q3
In many sectors, businesses acknowledged that simply breaking even was an accomplishment this year. A prominent example is Nam Sông Hậu Trading Investment Petroleum JSC, once a leading fuel distributor in the Mekong Delta.
BANKING / FINANCE / INSURANCE / TAX
CENTRAL BANK ISSUES NEW DECISIONS ON DEPOSIT INTEREST RATES
The other holds that the maximum interest rate for Vietnamese đồng-denominated deposits with terms of less than one month of organisations and individuals at credit institutions and foreign bank branches is 0.5 per cent per year. Additionally the maximum interest rate applied to deposits with terms from one month to less than six months is 4.75 per cent per year.
PROPERTY / INDUSTRIAL ZONE
REAL ESTATE BUSINESSES EXPAND INTEREST IN AVAILABLE LAND TO THRIVE IN 2025
Real estate companies are vigorously seeking available land to prepare for a new wave of investment in 2025.The Ministry of Construction’s October report highlighted that legality, liquidity, and land use fees are the primary considerations for businesses selecting land investments.
VIETNAM ECONOMY INVESTMENT
VIETNAM SET TO ENHANCE CUSTOMS QUALITY AND EFFICIENCY
The policy outlines the GDC's objectives to enhance the effectiveness and efficiency of State customs management, align with development and international integration needs, and streamline the import, export and transit of goods, as well as the entry, exit and transit of means of transport.
TECHNOLOGY
HIGH-TECH PERSONNEL TO DRIVE COMPETITION
Vietnam is advancing new mechanisms and incentives to strengthen workforce quality as part of a strategy to engage high-tech investment and enhance its economic competitiveness. The government announced at a recent National Assembly (NA) session that it would increase investments in education and training quality in the next few months.
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