maandag 9 september 2019

Vietnam: East-West Seed Vietnam supports renovating Vinh Hai 3 elementary school – Simon N. Groot scholarship

East-West Seed Vietnam supports renovating Vinh Hai 3 elementary school – Simon N. Groot scholarship

On August 22, about 20 members from Board of Management and core team of EWS came to Vinh Hai 3 School, Vinh Chau District, Soc Trang Province for supporting the renovation of the school.

The post East-West Seed Vietnam supports renovating Vinh Hai 3 elementary school – Simon N. Groot scholarship appeared first on Dutch Business Association in Vietnam.

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August sees trade surplus of USD 1.7 billion

Vietnam enjoyed a trade surplus of USD 1.7 billion in August, which brought the trade surplus for the January-August period to USD 3.4 billion, according to the General Statistics Office (GSO).

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Banks required to tighten control over credit card payments

The State Bank of Vietnam (SBV) has directed commercial banks to tighten control over credit card payments to prevent the improper use of credit cards.

The post Banks required to tighten control over credit card payments appeared first on Dutch Business Association in Vietnam.

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Finance ministry wants to ease conditions for casino investment

The Ministry of Finance is proposing easier minimum capital requirements for casino investors, aiming to boost investment in special administrative-economic zones.

The post Finance ministry wants to ease conditions for casino investment appeared first on Dutch Business Association in Vietnam.

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HCMC seeks to respond to impacts from global trade conflicts

HCMC is being affected, not only by the escalating trade war between China and the United States, but also by the Japan-the Republic of Korea trade dispute, so the HCMC Development Research Institute has proposed finding ways to avoid their negative impacts on the city's economic development.

The post HCMC seeks to respond to impacts from global trade conflicts appeared first on Dutch Business Association in Vietnam.

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Revised Law on Enterprises to add household business regulations

Vietnam has considered adding regulations of household business to the revised Law on Enterprises that is set to be submitted to the National Assembly for approval in October.

The post Revised Law on Enterprises to add household business regulations appeared first on Dutch Business Association in Vietnam.

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Central bank warns credit institutions over rate hikes

The State Bank of Vietnam (SBV) said it will closely monitor interest rates offered by credit institutions and take measures to strictly handle violations of the law, including cutting credit growth targets.

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Ministry to propose credit package to help car companies drive forward

The Ministry of Industry and Trade will propose to build a credit package of VND 100 trillion (USD 4.4 billion) for developing the support industry for industrial sectors, especially automobile production.

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Agricultural exports rack up USD 26 billion in eight months

Agro-forestry-aquatic exports brought home USD 26.6 billion in the first eight months of this year, representing a year-on-year rise of 1.6%, reported the Ministry of Agriculture and Rural Development.

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Proper trade promotion strategies needed to utilize EVFTA

Businesses have been advised to draw up concrete trade promotion strategies in order to take full advantage of the opportunities on offer from the EU-Vietnam Free Trade Agreement (EVFTA).

The post Proper trade promotion strategies needed to utilize EVFTA appeared first on Dutch Business Association in Vietnam.

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International Travel Expo Ho Chi Minh City 2019 – "Gateway to Asia"

The Vietnam National Administration of Tourism and the Ho Chi Minh City Department of Tourism Under the guideline of the Ministry of Culture, Sports and Tourism of Vietnam and the People's Committee of Ho Chi Minh City, the Vietnam National Administration of Tourism coordinates with the Ho Chi Minh City Department of Tourism in organizing... View Article

The post International Travel Expo Ho Chi Minh City 2019 – "Gateway to Asia" appeared first on Dutch Business Association in Vietnam.

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FDI disbursement up despite a decline in capital inflow

Disbursement of foreign direct investment (FDI) saw a positive yearly increase of 7% to nearly USD 12 billion in the first eight months of this year, despite a fall in new FDI registered in Vietnam.

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Vietnam's economy maintains growth amid global economic challenges

Vietnam's economy maintained growth across sectors, especially tourism, in the first eight months of 2019 despite global economic challenges and escalating trade tensions, Prime Minister Nguyen Xuan Phuc said at a cabinet meeting in Hanoi on 4 September.

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Historic GDP rate rise as Vietnam revises figures

Seventy-four years after Vietnam gained its independence, its economic scale has grown spectacularly. Now, the economy has been fuelled by new and more accurate calculations which can help its GDP increase significantly, better mirroring the country's genuine scale and structure.

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Vietnam to enhance management of e-commerce activities

The Ministry of Finance is building a draft scheme on the management of e-commerce activities for imports and exports.

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Steel and iron exports rise to over USD 1 billion

The export turnover of steel and iron products during the first seven months of the year reached USD 1.93 billion, with the US being the largest importer.

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PetroVietnam enjoys good business results despite falling oil prices

The Vietnam Oil and Gas Group (PetroVietnam) earned 489.5 trillion VND (over USD 21 billion) in revenue in the first eight months of the year, exceeding the target by 19% although the average price of crude oil fell to USD 58.62 per barrel in August compared to the predicted price of USD 65 per barrel.

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Rapid growth foreseen for security equipment market

The development of residential urban areas, malls, industrial smart factories, hotels, and banks has increased the demand for security equipment and technology, according to experts.

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Vietnam serves as bridge connecting ASEAN and EAEU

Vietnam is an active and responsible member in ASEAN, and the first partner to sign a free trade agreement (FTA) with the Eurasian Economic Union (EAEU), said Deputy Prime Minister Trinh Dinh Dung at a discussion within the fifth Eastern Economic Forum in Russia's Vladivostok city on 4 September.

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Businesses must learn to handle trade defence measures

As Vietnam joins more international trade agreements, dealing with and overcoming trade defence measures has become a top priority for Vietnamese businesses, especially for those working with markets known for their numerous and robust defence instruments such as the US and the EU.

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Insurance firms and agents face higher qualifications bars

Insurance companies and their agents face stricter scrutiny as a number of Government decisions designed to regulate agents' qualifications are set to take effect in November.

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Vietnam promotes organic agricultural production

Vietnam has about 76,666 hectares of land for organic agricultural production, ranking seventh in Asia and third in the Association of Southeast Asian Nations (ASEAN), the Ministry of Agriculture and Rural Development (MARD) revealed at a seminar in Hanoi on 5 September.

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Governmenet should buy back shares from ACV's foreign shareholders: MoT

The Ministry of Transport (MoT) has proposed the Government buy back foreign-owned shares in the Airport Corporation of Vietnam (ACV) to ensure airports are operated properly.

The post Governmenet should buy back shares from ACV's foreign shareholders: MoT appeared first on Dutch Business Association in Vietnam.

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PwC's Global Economic Crime and Fraud Survey (GECS) 2020

PwC PwC are pleased to invite you to participate in the 2020 PwC Global Economic Crime and Fraud Survey.  Since its inception in 2001 the biennial survey has been one of the premier thought leadership publications on economic crime and PwC are excited to continue this important work. This online survey will take 15-20 minutes... View Article

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