Amending a number of provisions on PPP projects enterprises law and investment law
Accordingly, the PPP Law, Enterprise Law and Investment Law will have certain changes. Specifically, for PPP Law (Investment Law in the form of public-private partnership), according to the draft law submitted to the verification agency, the minimum threshold for implementing PPP projects in each field is stipulated by the Government but being not lower than 200 billion VND.
For the Enterprise Law project (amended), it is worth noting that the definition of state-owned enterprises has been modified to include two types of enterprises: enterprises in which the state owns 100% of charter capital and enterprises that the state owns more than 50% of charter capital or the total number of voting shares.
Regarding the Law on Investment (amended), one of the highlights of this amendment is the abolition of 12 conditional business investment lines. The draft law also removed commercial housing from the subjects of investment incentives to be consistent with the provisions of the Land Law.
In addition to these three law’s projects above, at this two-week session, the National Assembly Standing Committee also commented on many others : the Law on amendment and supplementa number of articles of the Law on Natural Disaster Prevention and Control and Law on Dikes , Law on Securities (amended), Law on Youth (amended), Law on amendment and supplement a number of articles of the Law on State Audit, Law on Mediation, Dialogue in Court, Law on amendment and supplement some articles of the Law on Organization of the National Assembly.
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On May 8th, the 2019 Ho Chi Minh City Investment Promotion Conference was held in collaboration with the Ho Chi Minh City Trade and Investment Promotion Center (ITPC) and the Ho Chi Minh City Department of Planning and Investment.
At the conference, the city summarized its economic development in 2018 and called for investment in various sectors in 2019, with the following main points:
According to 2018 data, Ho Chi Minh City’s economy continued its strong growth with a GRDP increase of 8.3%, and the city’s economic size accounted for 24.15% of the total national economy.
In addition, the city attracted over US$7 billion in investment capital, with an average growth rate of 15% per year.
To date, Ho Chi Minh City has 8,112 foreign investment projects with a total registered capital of nearly US$45 billion.
In 2019, the city actively encouraged investors to participate in 227 projects in the fields of infrastructure development, smart cities, and the environment, with a total investment capital requirement of approximately VND 1,382,158 billion, equivalent to USD 62,831 million.
To facilitate investors, the Secretary of the Ho Chi Minh City Party Committee, Mr. Nguyen Thien Nhan, stated that in 2019, the city would focus on resolving difficulties for slow-progressing projects, accelerating the equitization process of state-owned enterprises, aiming to build Ho Chi Minh City into a smart city and form a creative urban center in the East.
In addition, the city’s logistics development project for the period 2025-2030 is also being urgently constructed.
Regarding infrastructure to attract investment, the city… Ho Chi Minh City is implementing a project to build a financial center, while also planning a new 300-hectare industrial park to support high-tech industries.
In addition, the city aims to complete the Ben Thanh – Suoi Tien Metro line by 2020 and completely resolve the flooding issue.
Overall, in 2019 specifically and in the coming years in general, Ho Chi Minh City will continue to implement infrastructure development projects, address existing problems, and promote investment attraction in sectors that benefit the city’s sustainable and comprehensive development.
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My Business
1. My Ideal Referral
Namtech’s ideal referrals are small and medium-sized business (SME) owners who are facing challenges in internal management, ineffective marketing, or who want to undergo digital transformation but lack a technology team. Examples include: a coffee shop owner wanting to implement management software; a manufacturing company CEO needing an integrated system for inventory, sales, and accounting management.
2. Problems Successfully Solved
A coffee chain in Ho Chi Minh City could not control inventory and revenue across branches → Namtech implemented Odoo to synchronize POS, inventory, and accounting → Reduced losses and saved reporting time. • A furniture company had a website but received no online orders → Namtech redesigned the website, implemented SEO, and optimized UX → Online revenue tripled after 6 months. • An education startup in Singapore lacked a tech team → Namtech provided a web development package and student management system → helping the startup successfully raise Seed funding.
3. My Ideal Referral Partners
Accounting – auditing firms: frequently work with businesses that need management software. • Software companies / IT freelancers: need a partner to implement Odoo or support web projects. • Investors and startup advisors: need a fast and cost-effective technology implementation team. • Marketing or branding agencies: have clients who need websites or ERP solutions.
4. Core Products
– Odoo ERP implementation and operation for F&B, retail, manufacturing, and service industries.
– Sales websites and corporate website design optimized for SEO and conversion performance.
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5. My Favorite BNI Story
At a chapter meeting, Namtech was introduced by a BNI member to a restaurant chain facing challenges in inventory management and cost calculation. After the connection meeting, Namtech signed an ERP contract worth over 200 million VND and continued receiving additional referrals from partners within the supply chain. This is a vivid example of BNI’s “Givers Gain – Give to Receive” culture.






























