00:08 (GMT +7) - Saturday 23/09/2017
InterContinental Hanoi Landmark72 opens doors

Biz Traveler 22/9/2017

InterContinental Hanoi Landmark72 opens doors

Hotel boasts 359 luxurious rooms from the 62nd to 71st floors in Keangnam Landmark72.

CBRE: Vietnam leads Southeast Asia in infrastructure spending

Vietnam spending 5.7% of GDP on infrastructure, according to latest CBRE report.

Supply chain finance a working capital solution for SMEs

Ms. Nguyen Khanh Duong, Trade Product Head at Citi Vietnam and a panelist at the APEC SME Finance Forum, tells VET...

SBV urges compliance with foreign currency lending regulations

Growth in foreign currency lending in first eight months at 11.5 per cent, a whopping 6.7-fold higher than in the same...

Rough Guides: Vietnam among 20 most-beautiful countries

The world's seventh-fastest growing travel destination, Vietnam has been voted among the 20 most-beautiful countries by...

Environmental tax hike rejected

NA rejects MoF proposal to almost triple tax.

Vietnamese in Top 5 for student numbers in New Zealand

Number of Vietnamese students at universities in New Zealand continuing ever upwards.

PNJ's ambition to reach out to Asia

Leading Vietnamese jeweler recognized with two Asian awards.

Runners set for Hoi An International Marathon 2017

Marathon being held on September 17, with 5 and 10-km runs joining 42-km marathon.

Coca-Cola Vietnam opens new EKOCENTER in Dong Thap

Third EKOCENTER in the Mekong Delta and seventh in Vietnam to improve access to safe drinking water by local...

Party watchdog identifies misconduct by senior Da Nang officials

Misconduct, mismanagement, and dishonesty found in Central Inspection Commission's investigations in central city.

Facts & Figures

$2.81 billionin investment in eight projects was made at the Dung Quat Economic Zone and other industrial zones in central Quang Ngai province in the first half of this year. There are now 140 valid projects at Dung Quat, 90 of which are already in operation.

$2.1 billionin overseas remittances were sent to Ho Chi Minh City via official channels in the first half, a year-on-year increase of 1 per cent. Most came from the US or Europe.

$1.8 billionworth of animal feed and materials for producing animal feed were imported into Vietnam in the first half, a year-on-year increase of 17.3 per cent and primarily from the US, India, Indonesia, Italy, and Austria.

$1.26 billionin loans are being sought by the Binh Son Refining and Petrochemical Co., the operator of the Dung Quat Oil Refinery in central Quang Ngai province, to expand its capacity, according to a plan revealed by the Ministry of Industry and Trade.

$383.3 millionin investment capital was attracted by the Ho Chi Minh Export Processing and Industrial Zones Authority in the first half, an increase of 39 per cent year-on-year.

$88 millionin contracts at major projects have been signed by the Hoa Binh Construction Group JSC this year. The group has been entrusted with six new large-scale projects with a total contract value of $91.3 million.

$22.7 millionin a syndicated loan agreement has been signed by the Northern Power Corporation under Electricity of Vietnam. VIB will be the focal point for arranging the loan, in cooperation with the Taipei Fubon Commercial Bank, Hanoi branch, and the First Commercial Bank, Ho Chi Minh City branch.

$14.1 millionhas been invested by the District 2 Hospital in Ho Chi Minh City to build a high-tech examination and treatment facility under the public-private partnership model. Construction of the nine-story facility with 100 beds is to commence late this year and operations begin in early 2019.

Commodities

Crude Oil: $59.48 ? -0.27%
Copper: $2.64 ? 0.38%
Sugar: $134.30 ? 1.21%
Coffee: $12.05 ? -2.19%
Gas: $2.75 ? 0.00%
Corn: $375.25 ? -1.83%

Source: vietstock

Exchange Rates

Unit: VND

NABuySell
EURNANA
GBPNANA
JPYNANA
SGDNANA
USDNANA

Source: Vietcombank

Gold

Unit: milion VND/ounce

Province Buy Sell
SJC NA NA
Ring NA NA

Source: SJC

Weather

Hanoi, vn

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Sky is Clear

NA m/s Light breeze

South-southwest (NA)

NA% NA hPa

BUSINESS SPOTLIGHT

PRESS WATCH

  • September 22
    September 22

    VET's round-up of news from Vietnamese media for September 22.

  • September 21
    September 21

    VET's round-up of news from Vietnamese media for September 21.

Editor’s letter

Vietnam’s economy is now moving into the second half of the year. And this is a good time to look back on a promising business field: real estate investment. In our Cover Story this month, we provide readers with a closer look at the real estate sector in general and high-end real estate in particular, to help them, real estate developers, and investors gain greater insights into the sector, which has been considered a “hot” market in Vietnam over recent years...(read more)

FINANCE - TAX CONSULTANCY

The Guide this September took in a folk performance in Nha Trang, marvelled at the impact Vietnam`s scenery has had on many films, and looked out from lighthouses dotting the coastline...