Mr. Biden.

Can Joe Biden heal a divided America?

(Saigon Investment) - Immediately after being predicted by some media as the winner of the election on 3 November, Joe Biden gave a speech on 7 November, saying that “This is the time to heal in America”.

Unreasonable land lease policies affecting industrial zones

(Saigon Investment) - More than two decades back, Ho Chi Minh City converted uncultivated agricultural land to set up the Tan Binh Industrial Zone (IZ), with the purpose of increasing land value, attracting more foreign investment, and creating plentiful jobs.  

Land rental rates causing conflict in industrial zones

(Saigon Investment) - Saigon Investment spoke with Mr. NGUYEN VAN BE recently, who is currently the Chairman of the Ho Chi Minh City Export Processing and industrial zones Association, to ask him about the many difficulties that investors are facing in industrial zones (IZ), as well as the problems pertaining to enterprises leasing land for production activities.

Tax deduction not wholly beneficial for fertilizer industry

(Saigon Investment) - The Ministry of Finance has submitted a draft amendment to the Government on relaxation of tax for the fertilizer industry, which will eventually help domestic enterprises to increase competitiveness with imported fertilizers. However, this new tax amendment may not be beneficial to all fertilizer businesses in Vietnam.
Illustrative photo.

State Bank of Vietnam not intervening in OMO

(ĐTTCO) - The State Bank of Vietnam discontinued support to the Treasury Bill (T-Bill) market for the eighth month in a row, and to Open Market Operations (OMO) for the fifth consecutive month. 
Wind turbine construction in Bac Lieu Province. (Photo: SGGP)

Investment attraction in Mekong Delta flourishes

(ĐTTCO) - Recently, the situation of investment attraction in the Mekong Delta has had positive changes. Many large projects with investment capital from trillions of Vietnamese dong to tens of trillions of Vietnamese dong have landed in the rice granary in the West, creating new directions, contributing to promoting economic development.

Tourists in Mekong Delta.

Safe Mekong Delta tourism a viable option

(ĐTTCO) - Many countries across Europe are still reeling under stricter lockdown measures in an effort to stop the spread of the Covid-19 pandemic. While on the other hand, Vietnam has been able to well contain the disease and continue functioning with more normalcy. 
Bui Vien Walking Street.

Ho Chi Minh City plans a robust night economy

(ĐTTCO) - Ho Chi Minh City is now among ten other provinces that comes under a plan to introduce night time tourism activities. This plan was approved by the Prime Minister in July under Decision 1129/QD-TTg, which will allow for related night time activities to be developed across provinces in Vietnam and thereby help uplift the tourism industry once again.
Illustrative photo.

Vietnamese diaspora remittances alternative to FDI

(ĐTTCO) - Remittances being sent to their homeland by Vietnamese diaspora spread across various countries around the globe is estimated at around USD 2.5 bn to USD 3.0 bn. Vietnamese workers employed abroad are making an important contribution to the economy by sending a major part of their working salary for their families back home. 
Illustrative photo.

Trade surplus a paradox in Vietnam

(ĐTTCO) - Vietnam has now begun to integrate quite strongly on the international platform via several bilateral and multilateral trade agreements. Exports from Vietnam in 1995 were at only USD 5.4 bn, but by 2019 they had increased 48.5 times, reaching USD 264 bn, while imports in 2019 increased 31 times. 
East area of HCMC.

Ho Chi Minh City prepares for new model of e-governance

(ĐTTCO) - On 26 October, Mr. Le Vinh Tan, Minister of Home Affairs, submitted a Resolution to the National Assembly on behalf of the Government, on the organization of a new urban government in Ho Chi Minh City. 
Illustrative photo.

Banks mobilise money through diverse channels

(ĐTTCO) - Banks are now mobilising money into investment channels such as government bonds and corporate bonds, as bank liquidity is becoming redundant due to high deposit growth, while credit growth still remains low. Saigon Investment spoke with Dr. Nguyen Tri Hieu, a banking and financial expert, to gather his views on this issue.
A significant contribution to Vinamilk came from income from savings deposits.

Businesses prefer safe bank deposits in current scenario

(ĐTTCO) - Many businesses are being ravaged under the ongoing Covid-19 pandemic, and while struggling to stay afloat, prefer to deposit their money in banks rather than invest in expanding production. However, this is being seen as only a temporary solution to secure running businesses in the current scenario.
Illustrative photo.

Digital Transformation requires comprehensive planning

(ĐTTCO) - The current global scenario has brought about an urgent need to implement digital transformation across a wide level of fields. Ms. Nguyen Ngoc Quynh, Director of Digital Transformation for SMEs (DTS), spoke with Saigon Investment recently about the requirements for digital transformation for businesses in Vietnam.