3 month usd libor

FLC Golf Links Sam Son will host one of Vietnam's biggest ever events, the FLC Homes Golf Tournament 2019, in October. (Photo from organisers)   Hanoi (VNA) - The FLC Homes Golf Tournament 2019 will have a huge prize fund of 100 billion VND (4.3 million USD) this year, according to the organisers. Prizes will include four European-styled villas and 16 luxury cars. This year's event is expected to attract 1,200 athletes competing at the FLC Golf Links Sam Son in central Thanh Hoa province from October 10-13. Players will be divided into three groups for men based on their handicaps and one category for women. “Golf has a lot of potentials and is developing strongly in Vietnam. We hope the tournament will be a good start for us to continue organising other annual events,” said Nguyen Hoai Son, General Director of FLC Homes Company./. VNA … [Read more...] about Golf tournament offers prize money of 4.3 million USD

HCM City granted new investment licences to 598 projects worth over 539 million USD, up 15.8 percent and 3.6 percent respectively. HCMC attracted 3.21 billion USD in FDI in the first six months of 2019. (Photo for illustration) Real estate received the largest share of FDI, absorbing over 41 percent of the total capital, followed by professional activities, science and technology - 21.9 percent, wholesale and retail, repair of automobiles, motorbikes and other vehicles - 19.5 percent, and processing and manufacturing industry - 5.8 percent. In January – June, 145 existing projects were allowed to add a combined of over 300 million USD to their investment, up 22.8 percent and 81.6 percent respectively. The city also allowed 2,307 foreign investors to contribute capital, buy shares, and acquire stake of domestic enterprises with total registered capital of 2.37 billion USD. Vice Chairman of the municipal People’s Committee Le Thanh Liem said the city … [Read more...] about HCM City draws over 3 billion USD in foreign investment in H1

FDI sector contributes greatly to the export turnover in nine months. (Photo: baodautu.vn) Hanoi (VNA) – Vietnam exported 194.3 billion USD worth of products in the first nine months of the year, a year-on-year surge of 8.2 percent, the Ministry of Industry and Trade said on September 30. According to the ministry, 30.7 percent of the export turnover was contributed by the domestic economic sector, and 69.3 percent by the foreign-invested sector. The US continued to be the largest importer of Vietnam as it splashed out 44.9 billion USD on purchasing Vietnamese goods, followed by the EU (31.1 billion USD), ASEAN (19.4 billion USD), Japan (15.1 billion USD), and the Republic of Korea (14.5 billion USD). During the period, 26 products achieved an export turnover of more than 1 billion USD, with five of them posting more than 10 billion USD in export value. To be more specific, shipments of telephones and spare parts fetched 38.6 billion USD; electronic products, computers and … [Read more...] about Nine-month export revenue picks up 8.2 percent

The northern coastal province of Quang Ninh welcomed 9.2 million tourists during the first eight months of this year, up 25 percent year-on-year and completing 77 percent of its target for the whole year. The provincial Department of Tourism reported that the number of international holidaymakers to the locality exceeded 3.2 million, a rise of 18 percent against the same period last year, and fulfilling 65 percent of the yearly target.  A corner of Quang Ninh (Photo: VNA) During the period, the local tourism sector completed 73 percent of the yearly target, earning more than 16 trillion VND (685 million USD), up 29 percent year-on-year. To gain such achievements, Quang Ninh has stepped up communication works in order to promote local tourism, while also intensifying its inspection of tourism services across the province. Competent local authorities will scale up efforts to monitor the tourism business environment, increase tourism promotion, and pay attention to special … [Read more...] about Quang Ninh serves 9.2 million tourists in 8 months

At the signing ceremony (Photo: VNA) Tokyo (VNA) – Leading Japanese corporations on July 1 signed Memoranda of Understanding (MoU) with Hanoi to invest a total of close to 4 billion USD in projects in the capital city. The MoUs were signed by Chairman of the Hanoi People’s Committee Nguyen Duc Chung and representatives of the Japanese groups in Tokyo, Japan, in the presence of Prime Minister Nguyen Xuan Phuc. They included the MoU between the Hanoi People’s Committee, Japan’s Sumitomo Group and its Vietnamese partner BRG Group to develop projects in Tay Ho districts and Dong Anh Industrial Park in Dong Anh district at a combined investment of 3 billion USD. Hanoi also agreed with Hanoi-based IDS Equity Holdings and Japanese investors on a number of projects to build office buildings and hotels in the city which are estimated to worth about 500 million USD and with Aeon Mall Vietnam, a subsidiary of Japan-based Aeon Mall Corporation to construct a … [Read more...] about Japanese firms plan to pour 4 billion USD in Hanoi’s projects