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A decree on the provision of State credit to support investment projects and export-import contracts was issued by the Government earlier this week.
Vietnam’s Center for Foreign Investment Studies (CFIS) and Ernst & Young, one of the world’s largest professional services firms, just inked a cooperative deal on establishing a charge-free advisory counter in Hanoi.
Lending interest rates might fall to 17-19 per cent in September as the central bank wished, but the government late last week confirmed it would remain vigilant to screw down monetary policy.
Domestic manufacturers have been facing many challenges including inflation, huge stockpiles and the slowed growth of industrial production, according to the Ministry of Industry and Trade (MoIT).
Experts of a group mandated to review economic laws on Tuesday criticized the Investment Law as inadequate and even overlapping other legislations.
The central province of Phu Yen province, at an investment promotion conference attended by over 100 foreign and local investors last week, presented investment certificates to two tourism projects.
Viipip - In 10th Aug, Khang Thong Group with partners in Thailand & Russia signed in a contract on engineering design of petrochemical plant project in Binh Dinh and a contract on feasibility study of Binh Dinh thermal power plant in Nhon Hoi economic zone.
Vietnam is one of the top seafood exporters in the world however, consumers do not know much about the country’s fish and shrimp because there are no clear brand names.
Research and Markets has announced the addition of the “Vietnam Real Estate Report Q3/2011″ report to their offering.
At a time when downward pressure on the dong is increasing, it’s necessary to have plans to prevent confidence in the currency from falling further, economists say, advising the government against sugarcoating the situation.
