HANOI — Some US$28.24 billion in foreign direct investment (FDI) was poured into Vietnam between January and October, representing a year-on-year increase of 37.4 per cent. This was stated by the Foreign Investment Agency under the Ministry of Planning and Investment. Of the figure, $16.3 billion was put into 2,070 new projects (up 32.9 per cent), $7.27 […]
Read MoreMANILA, Philippines — The Philippines is gradually decreasing its dependency on imported rice after the country’s import dependency ratio went down to five percent last year from 11 percent in 2015. Based on a report from the Philippine Statistics Authority (PSA), the rice import dependency ratio decreased to 4.99 percent in 2016 from 11.07 percent […]
Read MoreTEMPO.CO, Jakarta – The Directorate General of Tax of the Finance Ministry reports that tax revenue has increased by 25 percent in October compared to the previous month. September saw Rp84.7 trillion in tax revenue, whereas this month it has hit Rp105.87 trillion. “Meaning that the growth is quite significant. Value added tax [PPN] grew 20 percent […]
Read MoreThe Hanoitimes – In overall for the first 10 months of 2017, Vietnam has 105,125 newly established enterprises with total registered capital of more than 1 trillion VND, up 14.6% in terms of quantity and 43.8% with regard to registered capital compared to the same period of last year. According to the recent report of the […]
Read MoreThe Hanoitimes – With the Consumer Price Index (CPI) in October increases 0.41% compared to the same period of previous month, the average inflation rate of the first 10 months is 3.71%, which is still under control. According to the General Statistics Office, the CPI in October increases 0.41% compared to previous month, up 2.98% compared […]
Read MoreThe Hanoitimes – Foreign investors are hunting to acquire Vietnamese finance companies as outstanding consumer loans are forecasted to reach the threshold of VND1 quadrillion (US$44.05 billion) by 2019. There has recently been information about the intention of Prudential Vietnam to sell its finance company for US$150 million or Vietnam Technological and Commercial Joint Stock Bank […]
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