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HCMC LEADERS MEET SINGAPOREAN INVESTORS

HCMC LEADERS MEET SINGAPOREAN INVESTORS

On December 19, 2023, chairman of the municipal People’s Committee Phan Van Mai - chairing a meeting between leaders from the southern city and Singaporean businesses, Mr. Mai emphasized that the city has continually improved its investment environment and created favorable conditions for domestic and foreign investors

29 February 2024

[LEGAL NEWSLETTER – NOVEMBER 2024 ] CIRCULAR NO. 48/2024/TT-NHNN

[LEGAL NEWSLETTER – NOVEMBER 2024 ] CIRCULAR NO. 48/2024/TT-NHNN

On September 30, 2024, the Governor of the State Bank of Vietnam promulgated Circular No. 48/2024/TT-NHNN, replacing Circular No. 07/2014/TT-NHNN dated March 17, 2014, on the application of interest rates for deposits in Vietnamese dong by organizations and individuals at credit institutions and foreign bank branches. Accordingly, the regulations on interest rates for deposits in Vietnamese dong are as follows:

31 December 2024

DYNAMICS OF VIETNAM'S ECONOMIC DEVELOPMENT

DYNAMICS OF VIETNAM'S ECONOMIC DEVELOPMENT

Using land resources effectively and sustainably is an important premise to promote the process of industrialization and modernization, ensure social stability and national security, protect the environment and protect the environment and promote Vietnam's economic development.

29 February 2024

POSITIVE GROWTH OF FOREIGN INVESTMENT IN VIETNAM

POSITIVE GROWTH OF FOREIGN INVESTMENT IN VIETNAM

Data on registered and disbursed foreign investment capital increased sharply in Vietnam with 2.36 billion USD and 1.48 billion USD respectively. This is a positive sign as the figures in January 2024 increased by 40.2% and 9.6% respectively compared to the same period last year. The growth is due to the number of new projects increasing by 24.2% and there is project with investment capital larger than 600 million USD

29 February 2024

[MARKET NEWS - NOVEMBER 2024] KEY CHANGES IN KARAOKE AND NIGHTCLUB BUSINESS OPERATIONS

[MARKET NEWS - NOVEMBER 2024] KEY CHANGES IN KARAOKE AND NIGHTCLUB BUSINESS OPERATIONS

On November 12, 2024, the Government issued Decree No. 148/2024/ND-CP amending and supplementing several provisions of Decree No. 54/2019/ND-CP regulating karaoke and nightclub business operations. Noteworthy amendments include revisions to licensing authority and procedural processes as follows:

31 December 2024

Industrial production showing signs of recovery.

Industrial production showing signs of recovery.

According to data from the Foreign Investment Department, the localities attracting the most foreign investment capital include provinces and cities: Ho Chi Minh, Hanoi, Binh Duong, Dong Nai, Ba Ria - Vung Tau, Hai Phong, Bac Ninh, Thanh Hoa, Long An and Quang Ninh. These provinces and cities have many special advantages such as convenient infrastructure, stable human resources, and efforts in reform and investment promotion. According to the assessment of the Ministry of Planning and Investment, these localities will continue to receive investment and are key places for investment development in the country

29 February 2024

The State Bank calls for credit priority for Mekong Delta rice production and export

The State Bank calls for credit priority for Mekong Delta rice production and export

The State Bank (SBV) requires banks and credit institutions in the Mekong Delta region to promote lending to ensure sufficient capital for rice production, processing, trading and export.

31 January 2024

Many businesses do not value independent members of the Board of Directors

Many businesses do not value independent members of the Board of Directors

The ratio on the Board of Directors as well as the low salary are two of the evidences that independent members of the Board of Directors do not play an essential role in many companies, but their presence is mainly to meet legal requirements. determined.

31 January 2024

SBV decided to cut refinancing interest rates from April 3

SBV decided to cut refinancing interest rates from April 3

The State Bank of Vietnam (SBV) announced that it will reduce refinancing interest rates by 0.5 points to 5.5% from April 3 to support economic growth.

31 January 2024

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