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VIETNAM BUSINESS NEWS MAY 14


VIETNAM BUSINESS NEWS MAY 14
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 14/05/2021
  
09:58
GMT+7
New container terminals to be built in Hai Phong
A project building container terminals No 3 and 4 at the Hai Phong International Gateway Port in the Lach Huyen Port area was launched in the northern port city on May 12.
With a total length of 750 metres and a width of 50 metres, the two terminals will be able to berth 160 TEU (3,000 DWT) vessels. The project’s total area is 47 ha.
Approved by the Prime Minister on January 9, 2019, the project is scheduled to be totally completed in 2024, one year earlier than planned. ....

Ha Tinh , Tinh Ha , Republic Of , United States , Hong Kong , United Kingdom , Hai Duong , Hi Duong , Han I , Indonesia General , Hoang Trung , Tinh Vinh Phuc , Ho Chi Minh City , H Chíinh , Phu Long , Bì Thu N , Nha Trang , Khá Hòm , Lach Huyen , Hi Phòvm , Hai Phong , Bac Giang , Tinh Bac Giang , South Korea , Da Nang , Ðn Ng ,

Lenders on course to reach 2021 targets


Lenders on course to reach 2021 targets
08:00 | 13/05/2021
Favourable legislation from the Vietnamese government, stronger demand for credit, and more affordable cost of capital after policy rate cuts have provided a shot in the arm for banks’ profit.
HDBank recorded a rise of 68 per cent in on-year profit figures for the first quarter of 2021. Photo: Le Toan
Public health challenges have thrown the whole economy into wild gyrations, but banks operating in Vietnam still reported a stellar performance in this first quarter of this year.
As of March, the OCB reported a 15.3-per-cent increase in its pre-tax profit, equivalent to 23 per cent of the whole year’s target. Its total assets reached over VND160.4 trillion ($7 billion), up 5 per cent compared to December. ....

Republic Of , Phuong Thanh , Trinh Van Tuan , Devendra Joshi , Van Tuan , State Bank , Nguyen Thi Phuong Thanh , Frontier Markets , Infrastructure Asia , குடியரசு ஆஃப் , புோங்க் த்யாந் , ட்ரிந் வேன் ட்யூவாந் , தேவேந்திரா ஜோஷி , வேன் ட்யூவாந் , நிலை வங்கி , எல்லை சந்தைகள் , உள்கட்டமைப்பு ஆசியா ,

Many opportunities for Singaporean logistics companies in Cambodia


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Many opportunities for Singaporean logistics companies in Cambodia
Thu, 22 April 2021
Given Cambodia’s vibrant trade environment and consistent growth over the last decade, there are many opportunities there for Singapore-based firms and international partners to explore projects to boost regional connectivity.
This was the key theme of a roundtable organised by Infrastructure Asia and Singapore’s YCH Group on April 20 to connect local logistics firms with potential partners to develop and finance the Phnom Penh
Logistics Complex (PPLC).
Plans for the PPLC, which is estimated to cost $200 million, include an integrated port and logistics operations centre, training academy and start-up hub. ....

Republic Of , Phnom Penh , Surbana Jurong , Robert Yap , Business Advisory Council , Group On , Smart Growth Connect Initiative , China Construction Bank , Cambodia Ministry Of Public Works , Monetary Authority Of Singapore , Smart Logistics Network , Vietnamtt Group , International Finance Corporation Fund , Given Cambodia , Infrastructure Asia , Public Works , Clifford Capital , International Finance Corporation , Silk Road Fund , Seth Tan , Enterprise Singapore , Monetary Authority , Logistics Network , Master Plan , குடியரசு ஆஃப் , ஃப்நாம் பென் ,