Want to be in the loop?
subscribe to
our notification
Business News
INTELLASIA FINANCE & BUSINESS NEWS - AUGUST 11, 2021
FINANCE
Reference exchange rate down 9 VND
Banking fees reduced to help customers overcome pandemic effects
Raising capital remains a stressful task
Fintechs raise capital to expand market share
VIB maintains strong growth momentum
Manulife Vietnam estimates average millennial needs $240k to fund comfortable retirement
New impetus needed to achieve 2021 economic growth target: experts
Like-minded nations striving to pursue global integration
Vietnam looks to become AI hub in Asean by 2030
Pangasius exports hit $931 million in first seven months
Exports of wood products surge 55 per cent in seven months
Mekong Delta shrimp exporters shrug off COVID problems
Report on impact of IUU yellow card on Vietnam's seafood industry released
Ministry of Finance proposes registration fee cut for electric cars
Vietnam, Laos ink series of agreements
Vietnam continues to purchase electricity from Laos
Unprecedented financial scheme proposed for building Dong Dang-Tra Linh Expressway
Overseas agritech firms' investment to boost Vietnam's agriculture
Vietnam remains attractive to multinational electronics companies.
Singaporean investors grasp the available opportunities
BUSINESSBIZ NEWS
Active cash flow supports VN Index
VN Index inches up, most blue chips fall
Vietnamese stock market to benefit from fast-paced vaccination in H2: PYN Elite
Pandemic, new tech drive growth in stock market investors
Businesses say they need standard anti-pandemic process to organise production
Strengthened international cooperation vital to development of Halal industry: Workshop
Online consultation supports agro-aquatic product exports to Netherlands
Quick vaccination key to ensuring smooth supply chain
Five postal companies provide 14,600 tonnes of essential goods to localities.
Hanoi sets up inter-sectional inspection team to handle 300 pending projects
COVID-19 deals blow to automobile sales in July
H1 surge in phone, laptop sales
Local fruit exports to China face array of hurdles
Corporates seek more flexibility in COVID-prevention measures
Vietnamese construction firms awarded contract to build My Thuan 2 Bridge
HCM City allows employees of listed stores to be out on work after 6pm
Thanh Hoa bolsters trade promotion activities
Long An calls investment in logistics centre in Ben Luc
HCM City-Moc Bai expressway project faces cost overrun
Nanogen ties up with Vekaria Healthcare LLP to produce Nanocovax vaccine
Vingroup sets up two battery production, AI application firms
Tech startups in Southeast Asia to break through $1 trillion in valuation by 2025
Loc Troi unveils new linkage model for rice production
Taiwan Mobile joins Tiki's Series E funding with $20 million
An Phat Holdings accelerates progress of Southeast Asia's largest green material manufacturing plant
Belgian start-up brings Vietnamese coconut water to EU consumers
Gemadept reports positive results but negative financial cashflow
KinderWorld the essence of Singaporean education
Vietnam's food delivery service Now rebranded as ShopeeFood
Please click here for details: Finance Vietnam News - August 11, 2021
Related News
SPECIAL INVESTMENT PROCEDURE: A GAME CHANGER FOR HIGH-TECH PROJECTS IN VIET NAM
Viet Nam is poised for a regulatory shift with the upcoming implementation of a special investment procedure starting earlier next year. Starting from January 15, 2025, investors will be able to enroll for investment under special procedures as outlined in the Draft Decree detailing the Investment Law.
PM ORDERS SWIFT RESOLUTION OF CHALLENGES FOR RENEWABLE ENERGY PROJECTS
Prime Minister Phạm Minh Chính has laid stress on the need to complete the resolution of obstacles for renewable projects by February 2025 to prevent wastefulness, contributing to ensuring electricity for development.
CLEAR LEGAL FRAMEWORK NEEDED TO UNLOCK DIGITAL ASSET POTENTIAL
The past decade has seen remarkable advancements in technology worldwide, particularly in digital assets such as blockchain, cryptocurrencies, asset tokenization and decentralized finance (DeFi). Once unfamiliar, digital assets have now become integral to the global financial system. Leading nations in this field not only to drive innovation but also establish a strategic edge in the global economy.
VIETNAM TO RANK AMONG TOP 15 LARGEST ECONOMIES IN ASIA BY 2025
Based on data from the International Monetary Fund (IMF), Seasia Stats predicts that Vietnam’s economy will reach $506 billion in 2025, earning it a place in the top 15 largest economies in Asia. “Vietnam is rapidly developing thanks to its manufacturing boom and strong foreign investment inflows,” Seasia Stats noted.
HANOI'S ECONOMY CONTINUES TO SUSTAIN GROWTH
Speaking at the opening session of the 20th meeting of Hanoi People’s Council on December 4, Deputy Chairman of Hanoi People’s Committee Ha Minh Hai reported that the capital’s economy has maintained high growth, with regional GDP rising by 6.12 per cent in the first nine months of the year, and expected to exceed 6.5 per cent for the full year.
VIETNAM'S GDP GROWTH WILL LEAD THE REGION IN 2025
A report published by Oxford Economics on December 16 noted that Vietnam's economy has been the region's outperformer in 2024, with full-year growth likely at 6.7 per cent on-year. The country is expected to continue to outperform its peers next year, growing by 6.5 per cent.