Demand for industrial land and ready-built factories is forecast to increase significantly this year, as investors can travel freely to Việt Nam. — Photo baochinhphu.vn HÀ NỘI — The industrial property market is expected to heat up this year, driven by an influx of foreign direct investment (FDI), thanks to an improved …
Read More »HCM City to speed up social housing development as demand grows
Chương Dương Home social housing project in the new Thủ Đức city. — Photo rever.vn HCM CITY — The HCM City People’s Committee has pledged to address the bottlenecks slowing down development of social housing to meet the rising demand for affordable houses. Its chairman, Phan Văn Mãi, said the city …
Read More »5G to transform property market: analysts
5G will become the new standard for commercial real estate. — Photo Courtesy Cushman & Wakefield Vietnam HCM CITY — Being better connected through 5G will become the new standard for commercial real estate, experts have said. 5G, the next generation of wireless technology, is designed to usher in the “connected …
Read More »FiinGroup becomes Green Bond Approved Verifier
The Singapore Exchange Centre. BIM Land Real Estate was the first Vietnamese firm to issue green bonds in the exchange, with an issuance of $200 million in 2021. — Photo thesaigontimes.vn HÀ NỘI — FiinGroup has announced that it has been officially approved by the Climate Bonds Initiative (CBI) …
Read More »Việt Nam, India see extensive room for trade-investment co-operation: forum
National Assembly Chairman Vương Đình Huệ witnesses the exchange of cooperation deals between Vietnamese and Indian businesses at the event. — VNA/VnExpress News Photo HCM CITY — Việt Nam and India have plenty of room for expanding their cooperation in both trade and investment, especially in the fields of digital …
Read More »Việt Nam’s rice exports signal a favourable year in 2022
Farmers in the southern province of Hậu Giang harvest paddy. Experts are optimistic about rice exports as rice consumption is expected to exceed the rice output. — VNA/VnExpress News Photo HÀ NỘI — Vietnamese rice exports have been increasing significantly in the first months of 2022, signalling a favourable year for …
Read More »Travel firm temporarily stops Russia tourist services
The largest Vietnamese travel agency for Russian tourists has temporarily suspended its services for the market as a fallout of Western sanctions imposed on Russia. Anex Vietnam Travel and Trading announced the suspension after taking more than 300 Russian tourists home Thursday. Bui Quoc Dai, Deputy Director of Anex Vietnam, …
Read More »Travel firm temporarily stops Russian tourist services
After carrying more than 300 Russian tourists home Thurday, Anex Vietnam, the largest Vietnamese travel agency for Russian tourists, has temporarily stopped receiving customers from the country. The move came after Russian authorities advised its airlines to halt all international flights (except from and to Belarus) following Western sanctions on …
Read More »Car marker McLaren to enter Vietnam
British automotive maker McLaren’s first showroom in Vietnam in Ho Chi Minh City’s District 1 will come into operation from Q2. It recently announced HCMC-based S&S Automotive to be its authorized importer and distributor in Vietnam. S&S Automotive is also the distributor of McLaren’s compatriot, luxury car brand Rolls-Royce. Vietnam …
Read More »VN-Index gains for a fourth straight day on blue-chip stocks
A member of staff talking to a customer at Vietcombank’s transaction office. The bank shares increased 1.45 per cent yesterday, leading the market’s uptrend. — Photo vietcombank.com.vn HÀ NỘI — Indices rose on Friday, with the market benchmark VN-Index marking a fourth day gain on blue-chip stocks. On the Hồ Chí Minh …
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