Development of an LNG power plant in the Chan May-Lang Co EZ will likely generate positive economic impacts in a variety of ways on the local economy from the construction to the operational phase. A project of this nature and scale generally increases local GDP by 7-15 per cent during construction and 5-7 per cent during operations, according to experts. This increase in GDP over the life of the project will have significant benefits to families, local businesses, and the ability of the province to meet master plan objectives. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 7
Vietnam china border trade
IFC lends Ho Chi Minh City-based property firm $75mn to recover from COVID-19
“Local businesses are the primary engines of job creation, which drive the national economy. With the COVID-19 situation, IFC’s support will enable us to extend financial relief to our local clients,” IFC quoted Gary Tseng, CEO of Phu My Hung, as saying. … [Read more...] about IFC lends Ho Chi Minh City-based property firm $75mn to recover from COVID-19
Implementation plan for ILO Convention 98 discussed
Echoing that view, Bartosz Cieleszynski, First Secretary and Deputy Head of the Division for Trade and Economic Affairs at the EU Delegation to Việt Nam, said joining Convention No 98 will create a stable working environment for employees and help bring about prosperity in the country. — VNS … [Read more...] about Implementation plan for ILO Convention 98 discussed
VN corporate bond market to boom in second half
As the corporate bond market is showing signs of significant growth, the Ministry of Finance has asked the issuers to make sure they are financially healthy to pay back the debts. Companies must also be committed to the deals signed with investors, especially individual ones. … [Read more...] about VN corporate bond market to boom in second half
Vodacom Tanzania: Send money to Tanzania from anywhere around the World
Vodacom M-Pesa is Tanzania's largest mobile financial service introduced by Vodacom Tanzania PLC in 2008. Now GSMA certified and with over 10 million customers, M-Pesa has significantly contributed towards financial inclusion and economic activity in the country. Customers deposit and withdraw money from their M-Pesa wallets through over 200,000 agents across the country. The M-Pesa ecosystem connects businesses, banks and government agencies making digital payments possible. … [Read more...] about Vodacom Tanzania: Send money to Tanzania from anywhere around the World
