Business

  Transactions at a branch of SeAbank in Hà Nội. The bank plans to raise capital to VNĐ20.4 trillion in the second quarter and third quarter of this year. Photo SeABank HÀ NỘI Southeast Asia Commercial Joint Stock Bank (SeABank/SSB) plans to increase charter capital from VNĐ16.6 trillion (US$715.6 million) …

There are 300,000 real estate brokers but only 10 percent have licenses, according to data from the Vietnam Association of Realtors. The association said most of the unlicensed brokers are amateurs, and include people who decided to change jobs recently to take advantage of the real estate boom. They are …

Hai Hoang was invited to join a ‘make love to make money’ project, a copy of the increasingly popular ‘move to earn’ crypto trend. The Da Nang office worker said he is curious to know how the app works, but members rarely talk about it, mainly discussing the token price. …

   An LNG power plant in the southern province of Cà Mau. Photo courtesy of the Ministry of Industry and Trade HÀ NỘI — Too many variables and over-reliance on imports have been hindering Việt Nam’s plan to build power plants running on liquefied natural gas (LNG), industry experts have …

  Many real estate brokers are joining training classes to get licences. — Photo from luatsu-vn.com HCM CITY — The number of real estate brokers flocking to get licences to avoid punishment has skyrocketed. A recent decree stipulates that brokers found working without a licence will be fined up to …

  An investor monitors stock prices. Photo anninhthudo.vn HÀ NỘI — Many investors and firms in Việt Nam have reached a financial size that they are well-positioned to manipulate the securities market, exposing the need for tighter regulations. Financial expert Vũ Đình Ánh underlined transparency as the key to a healthy securities …

  Processing tra fish for export at a Sao Mai Group factory in the southern province of An Giang. Tra fish exports are projected to surge by 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. VNA/VNS Photo Vũ Sinh HÀ NỘI — Demand for Việt Nam’s …

  A PNJ store in HCM City. The company’s shares soared by 7 per cent yesterday. — Photo courtesy of PNJ HÀ NỘI — Shares advanced for a fourth day this week on the Hồ Chí Minh Stock Exchange, driven by the strong growth of blue chips. On the Hồ …

  It was necessary to improve the legal framework for REITs so that investors could feel secure in investing. — VNA/VNS Photo HÀ NỘI — Việt Nam needs to improve the legal framework to promote the development of real estate investment trusts (REITs) to add capital to the property market while bank credit and …

  Land and housing prices have increased by 20-25 per cent in urban areas. VNA/VNS Photo HÀ NỘI — Experts have warned that the high rate of inflation will cause the domestic housing market to continuously see prices increase, but liquidity decrease. According to real estate consultant Lê Quốc Kiên, the …