Business

Vietnam’s real estate market will be shaped by five main trends in 2019 according to a JLL report: the mid-end and affordable apartment segment, flexible workspaces, technology companies in the office segment, e-commerce in logistics, and hotel lifestyle.

More than 330 Vietnamese startups were established in 2018 with 34 industry verticals represented, according to the e27 Southeast Asia Startup Ecosystem Report 2018 released by startup-focused website e27 on January 21.

Corona Casino Phu Quoc, which opened late last week, is the first casino in Vietnam to allow Vietnamese to gamble.

The USD174m Cu Mong Tunnel which connects Binh Dinh and Phu Yen provinces has been completed and opened to traffic on January 21.

Vietnam and Hong Kong should promote investment, trade and service flows between the two sides to take advantage of a diversion of trade from China amid escalating tensions between the US and China, a banking official said.

Vietnam has targeted an export turnover of USD21.5 billion for the footwear and bag export sector in 2019, up 11% on-year.

A ‘wine’ manufacturer in Hanoi has just been found producing large amounts of low-quality wine to sell at dirt-cheap prices.

The Ministry of Industry and Trade has forecasted that Vietnam would face a trade deficit of USD3 billion this year.

Vietnamese Minister of Culture, Sports and Tourism Nguyen Ngoc Thien chaired the 18th ASEAN Plus Three Tourism Ministerial Meeting on January 18, which forms part of the ongoing 2019 ASEAN Tourism Forum (ATF) in Ha Long city, Quang Ninh province.

Vietnam has climbed eight places to 18th in the world as the best place for a career for expatriates, according to HSBC’s Expat Explorer survey.

Chairman of the Hanoi People’s Committee Nguyen Duc Chung has expressed concerns that Hanoi could face power shortages in 2020 if construction lags on several power plant projects.

Many Vietnamese people still prefer cash payment over online transaction because of security concerns.

The Vietnam Economic Forum (VEF) 2019 officially kick-started on January 16 in Hanoi, with the opening of an international seminar entitled “Infrastructure Development, Financing and Governance in Asia”.

Many companies are rushing to recruit seasonal workers before the upcoming Tet Holiday, offering them quite attractive salaries.

The Political Bureau will issue a new resolution that serves as basis for Viet Nam to improve institutions, including tax policies, on foreign investment attraction in years to come.

Vietnam Airlines’ flights between Vietnam and Germany with stops at Frankfurt Airport have been affected by a strike in Germany.

Car prices in Vietnam have considerably increased due to higher demand before the Lunar New Year holiday.

The health and short-term prospects of the Vietnamese economy will be high on the agenda of the Viet Nam Economic Forum 2019, scheduled to take place from January 16-17.

Many hotels in Nha Trang City are facing slow sales due to oversupply and dubious services.