The secret to revitalizing the real estate market: Ditching dependence on bank credit
Sharing before the announcement of the annual Vietnam Economic Review 2022 report with the theme of Real estate market stability and development, Prof. Dr. To Trung Thanh, co-editor of the publication, Head of the Department of Scientific Management, National Economics University, said: 'The
The decline in Vietnam sea transport and forecasted challenges for 2023
Although seaports and maritime services are still promising, the main source of revenue from the shipping sector has dropped sharply. In 2023, it is expected that revenue from the shipping market will face difficulties due to the impact of the world market.
Over 200km of North-South expy opened to traffic on April 30
HCMC – Two components of the Eastern North-South Expressway project, with a total length of 200 kilometers, will be temporarily opened to traffic on April 30 in celebration of Vietnam’s Reunification Day. The Ministry of Transport has written to Project Management Unit 7, Thang Long, and its
Vietnam seeks to export more fruits to U.S. market
HCMC – The Vietnamese agriculture sector expects the United States to allow two more types of fruits to enter the market, increasing the total number of fruits exported to this country to nine. Minister of Agriculture and Rural Development Le Minh Hoan, during a meeting with U.S. Secretary of
HCMC expedites study on Can Gio transshipment port project
HCMC – The HCMC government has requested relevant agencies to prepare a plan to develop the Can Gio international transshipment port which will be submitted to the Prime Minister for approval this year, reported the local media. The project, aiming to attract international container transshipments
Securities companies: Expiry of massive profits
In the season of the general meeting of shareholders, the business plan for 2023 of securities companies has been revealed. Many businesses set conservative targets after a less favorable 2022. However, many companies are confident with their plans to grow over time, expand the scale, and re-divide
Vietnamese cashew industry seeks support amidst challenges
The Vietnam Cashew Association recently sent an official dispatch to the Ministry of Industry and Trade, proposing to help the cashew industry cope with the fierce competition of cashew kernels imported from Africa.
Draft law allows interest-free lending to institutions facing bank runs
HCMC – The State Bank of Vietnam, or SBV, has sent a draft of the amended Law on Credit Institutions to the National Assembly, in which local banks could ask for interest-free loans if they face a bank run. The SBV, the central bank, said that Vietnam should draw lessons from the bank runs that […]
HCMC to host first export expo
HCMC – The administration of HCMC will hold the first export expo to facilitate trading opportunities for local businesses and manufacturers. The event is expected to support companies to make the most of the free trade agreements which Vietnam has signed, focusing on improving operations and
HCMC govt helps five realty projects out
HCMC – The HCMC People’s Committee has allowed five property businesses to raise funds for 50% of their off-plan properties, equal to 5,432 apartments following many meetings to help the sector tackle its woes. The HCMC Real Estate Association (HoREA) said on April 18 that the five projects
Five projects were handled problems, the real estate market in Ho Chi Minh City received more than 5,400 apartments
While waiting for the review of legal procedures, the investor of 5 real estate projects in Ho Chi Minh City has been allowed to raise capital for 50% of the product, providing more than 5,400 apartments to the market.
In the past decade (2012-2022), the number of dollar millionaires in Ho Chi Minh City has increased by 82%.
In the past decade (2012-2022), the number of dollar millionaires in Ho Chi Minh City has increased by 82%.
