Investor in Rach Mieu 2 Bridge proposes capital increase
The investor in the Rach Mieu 2 Bridge project has proposed the Ministry of Transport increase investment capital by VND1.6 trillion ($68 million) to VND6.8 trillion ($284 million).
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The State Bank of Vietnam in mid March cut several policy interest rates for the first time in two years, and many domestic banks have followed suit.
Several e-commerce platforms in Vietnam reported a decrease in the value of sales despite having launched many promotions.
Investment in Vietnam’s logistics sector is on the rise as investors seek to make further inroads into the market of 100 million people with a fast-growing middle class.
The investor in the Rach Mieu 2 Bridge project has proposed the Ministry of Transport increase investment capital by VND1.6 trillion ($68 million) to VND6.8 trillion ($284 million).
The State Bank of Vietnam (SBV) may continue to ease monetary policy with inflation well under control, said Nguyen Xuan Thanh, a lecturer at the Fulbright School of Public Policy and Management.
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