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Recent Posts

More realty businesses dissolve, halt operations in Q1

More realty businesses dissolve, halt operations in Q1

The number of property developers and brokers that dissolved or temporarily ceased operations surged 30% and 61% year-on-year, respectively, in the first three months of 2023, announced the Construction Ministry. The number of new firms established decreased by 63%, Hoang Hai, head of the ministry’s Housing and Real Estate Market …

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Foreign corporations in Vietnam worried about global minimum tax

Foreign corporations in Vietnam worried about global minimum tax

Major foreign corporations are concerned that the proposed global minimum tax will make investing in Vietnam less profitable, according to the Ministry of Planning and Investment. The ministry said that over the past four months ending on April 20, foreign investors spent a total of nearly $8.9 billion in Vietnam …

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People queue overnight to buy social housing

Hanoi’s NHS Trung Van social housing project doesn’t open until 8:30am, but people have been waiting outside it’s doors to register for apartments since 2am. The scene has been the same ever night and day since the developer began receiving applications for the project. After visiting the place twice but …

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