DEVELOPERS’ COMMITMENT TO VIETNAM ILLUSTRATING STRENGTHS
After a period of strong negative impacts caused by the pandemic, real estate investment activities in Asia-Pacific and Vietnam in particular started to show signs of recovery in the second half of the year, and are expected to return towards a stable increase moving into 2021 and 2022.
TAX AND CUSTOMS: FURTHER POLICY REFORM FOR BETTER BUSINESS ENVIRONMENT
The Ministry of Finance recently cooperated with the Vietnam Chamber of Commerce and Industry (VCCI) to organize a dialogue conference on tax and customs policies and administrative procedures in 2020. The event attracted the attendance of nearly 500 northern enterprises.
FOREIGN-INVESTED PROJECTS KICKED INTO HIGHER GEAR
The investor has been requested to contact Ho Chi Minh City’s Public Security Department and local military department for fixing the number of units which will be able to sell to foreign buyers as part of this particular venture.
ASEAN CUSTOMS TRANSIT SYSTEM LAUNCHED TO BOOST REGIONAL TRADE
Cross-border traders in ASEAN can now take advantage of a newly-launched online customs transit management system – the ASEAN Customs Transit System (ACTS) to accelerate trade in goods by road within ASEAN.
FDI ATTRACTION HITS OVER US$16 BLN IN NINE MONTHS
[27-09-2016] Viet Nam attracted US$16.43 billion in foreign direct investment (FDI) as of September 20, equivalent to 95.8 percent of the amount reported in the same period last year, according to the Foreign Investment Agency (FIA). Of the total, US$11.17 billion came from 1,820 new projects, and the remaining US$5.26 billion from investment added to 851 existing projects.
FOREIGN ARRIVALS TO VN UP 25.7% IN NINE MONTHS
[27-09-2016] According to the General Statistics Office of Viet Nam (GSO), Foreign arrivals to Viet Nam reached 813,007 in September, bringing the total foreign travelers during the first nine months to 7,265,380, up 25.7% against last year’s corresponding period.
RETAIL MARKET ATTRACTS FOREIGN INVESTORS
[26-09-2016] Young population and increasing middle class have made Vietnam one of the most attractive emerging retail markets. According to a recent report by global real estate service firm JLL Vietnam, investors from Japan, Thailand, France and South Korea have flocked to find opportunities in Vietnam.
HCM CITY CPI UP 0.43 PERCENT IN SEPTEMBER
[26-09-2016] Ho Chi Minh City’s consumer price index (CPI) in September increased 0.43% from the previous month, and 2.71% from the same month last year, the municipal Statistics Office reported on September 24. A price hike was seen in seven out of 11 major goods and services groups with the highest rise spotted in education at 4.06% due increasing demands for learning equipment for the new school year.
