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Savills: HCMC's residential index up as Hanoi's eases

Savills: HCMC's residential index up as Hanoi's eases

With substantial supply in the mid and high-end segments, the residential index for Ho Chi Minh City in August increased significantly against August 2016, according to the Savills Property Price Index (SPPI) report.
Exclusive incentives for special economic zones recommended

Exclusive incentives for special economic zones recommended

The draft Law on Special Administrative-Economic Units, which proposes a series of land and tax incentives to attract more investment to three special economic zones in Quang Ninh, Khanh Hoa, and Kien Giang provinces, has been officially submitted to
PM expects more Brazilian investments in Vietnam

PM expects more Brazilian investments in Vietnam

Both Prime Minister Nguyen Xuan Phuc and Brazilian Foreign Minister Aloysio Nunes Ferreira have expressed their hope that more and more Vietnamese and Brazilian would invest in each other’s countries.
HCMC attracts $3.23bn in FDI in 8M

HCMC attracts $3.23bn in FDI in 8M

Ho Chi Minh City attracted over $3.23 billion in foreign direct investment (FDI) in the first eight months of the year, up 1.57-fold year-on-year, according to the city’s Department of Planning and Investment.
Doubling of imported used car tax proposed

Doubling of imported used car tax proposed

Importing used cars with nine seats and less will become harder if a proposal to raise used car tariffs is approved by the Government. In fact, the proposed import tax rate is double its current level and would make
Carlsberg eyes at least 51% of Habeco

Carlsberg eyes at least 51% of Habeco

Danish brewer Carlsberg is keen on increasing its stake in the Hanoi Beer Alcohol and Beverage Corp. (Habeco) to at least 51 per cent, a local news website has reported, citing an executive from Habeco.
VN, Russia aim for USD10bn trade in 2020

VN, Russia aim for USD10bn trade in 2020

Vietnam and Russia have agreed to effectively implement the Vietnam-Eurasian Economic Union Free Trade Agreement in order to create breakthroughs in economic, trade and investment ties between the two countries, gearing towards bilateral trade of US$10 billion in 2020.
Vietnam, Russia gear towards 10 billion USD trade in 2020

Vietnam, Russia gear towards 10 billion USD trade in 2020

Vietnam and Russia have agreed to effectively implement the Vietnam-Eurasian Economic Union Free Trade Agreement in order to create breakthroughs in economic, trade and investment ties between the two countries, gearing towards bilateral trade of 10 billion USD in 2020.
Former deputy governor of State Bank prosecuted

Former deputy governor of State Bank prosecuted

Former Deputy Governor of the State Bank of Vietnam (SBV) Dang Thanh Binh has been prosecuted in relation to an economic crime worth 666 million USD at the Vietnam Construction Joint Stock Commercial Bank (VNCB).
HSBC upbeat on Vietnam’s economy

HSBC upbeat on Vietnam’s economy

Vietnam’s economy is well positioned for growth in international trade and will continue to experience high growth over the next three to five years, said Chief Executive Officer (CEO) of HSBC Vietnam, Pham Hong Hai.
Two-thirds of enterprises ready for Industry 4.0

Two-thirds of enterprises ready for Industry 4.0

A survey released at the Vietnam ICT Summit reveals that 35.2 per cent of organizations are ready for the fourth industrial revolution (Industry 4.0), with the majority being in banking and IT.
Minister slams slow pace of agriculture investment

Minister slams slow pace of agriculture investment

Minister of Agriculture and Rural Development Nguyễn Xuân Cường said efforts to attract investment in agriculture were not yielding sufficient fruit, urging authorities to focus on unbuckling bottlenecks to ease investment.

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