Experts from top real estate consulting companies in Việt Nam have expressed optimism about development prospects of the real estate market, particularly regarding the office and industrial segments.
The land area zoned for social housing development has increased by 5,031ha from the 3,359ha reported in 2020, said the Ministry of Construction (MoC).
The Hoa Binh Construction Group announced on February 19 that it has won bidding packages to develop five social housing projects worth 72 million USD in Kenya.
The Vietnam Stock Exchange (VNX) reported revenue of over 1.92 trillion VND (78.26 million USD) in 2023, down nearly 44% compared to the previous year.
There are now 2,000 Vietnamese enterprises in the supporting industry, 300 of which are members of multinational supply chains, showing great efforts of the country to promote this industry.
The entire system of policies that impact research and development of innovative startups needs to be reexamined in a methodical and systematic way, experts say.
Ho Chi Minh City, Vietnam’s biggest economic hub, is working to lure both domestic and foreign green investments, towards sustainable development.
Deputy Prime Minister Tran Hong Ha underlined the need to manage the pharmaceutical industry under market rules, ensuring publicity, transparency, quality control, safety, and cheapest prices during a meeting in Hanoi on February 19 to discuss the law on amendments and supplementations to some articles of the Law on Pharmacy.
Prime Minister Pham Minh Chinh has instructed the Ministry of Finance, State Bank of Vietnam and the Ministry of Planning and Investment to address obstacles in relevant sectors for upgrading the stock market from frontier to emerging status.
The southeast region has been enjoying a great chance to develop the semiconductor chip industry thanks to its endless efforts to improve human resources for the industry and visits of technology giants to study investment opportunities there.
The newly approved Land Law, Housing Law, and Law on Real Estate Business, which will take effect from 2025, are expected to create more favourable conditions for Overseas Vietnamese (OVs) in owning and trading real estate, according to experts.
Prime Minister Pham Minh Chinh ordered competent sides to accelerate construction of key transport projects in 2024 to create new development space while chairing the 9th session of the Steering Committee for Key National Transport Projects on February 16.
FDI is expected to remain a pivotal catalyst for economic advancement throughout ASEAN countries, with VN positioning itself as a leading contender in the pursuit of top-tier FDI from Japan.
According to a report from the China Wind Power Database, Envision Energy now ranks first out of 14 turbine manufacturing contractors for the total capacity of its wind power projects, with 22,526MW. Goldwind Technology is now ranked second with 20,632MW.
Vietnam and the Philippines will increase their bilateral trade and investment ties, with a focus placed on rice exports to help ensure food security.
Aiming to support the under-privileged communities after a challenging 2023, HEINEKEN Vietnam organised the “HEINEKEN Cares - Joining Hands towards a happy and healthy Tet” programme in collaboration with the Vietnam Red Cross Society.
The increasing inflow of remittances to Vietnam over the years has increased the foreign currency reserve while helping enterprises expand production and business, thus creating an impetus for socio-economic development, according to economists.
As we approach the financial announcement season of 2023, numerous securities firms have released analysis reports focusing on the TPB code of Tiên Phong Commercial Joint Stock Bank. Notably, all these analyses underscore the deterioration in the bank’s asset quality.
Though 5.05% GDP growth last year was below the target, the economy steadily improved through the year despite the global headwinds.
Manufacturers in Vietnam recorded a return to growth at the start of 2024 as tentative signs of improving demand fed through to renewed increases in new orders and output.