CONDOTEL MARKET FACES GLOOMY PROSPECTS
Statistics from the HCM City Real Estate Association (HoREA) showed the country now has some 82,900 condotels with a total investment of VND100 trillion (US$4.3 billion), mostly located in localities with strong tourism markets like Ha Noi, HCM City, Da Nang, Thanh Hoa, Binh Dinh, Khanh Hoa, Binh Thuan and Ba Ria - Vung Tau.
SURVEY: THE BUSINESS EXPECTATIONS ON WEBINAR
We would like to send you the Survey: The Business Expectations on Webinar. It is co-operated by TBA and AIT-VN and co-hosted by CTCVN, InCham, HKBAV, MBC, and SBG
OVER TWO MILLION PEOPLE DOWNLOAD COVID-19 TRACKING APP
The number of Bluezone app installs has increased sharply recently, reaching over 2 million as of 10pm on August 2, according to the Authority of Information Technology Application.
HCMC SHOULD NOT BEGIN SOCIAL DISTANCING NOW: PM
At an online meeting between the Government and localities on August 2, Prime Minister Nguyen Xuan Phuc lauded HCMC’s decision to suspend some non-essential business activities, but observed that it is unnecessary to impose the social distancing rule in the city now.
INFRASTRUCTURE SYSTEM, ADMINISTRATIVE REFORMS IMPORTANT TO ATTRACT FDI
Hanoi should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Vietnam amid the global production shift, experts have said.
INCREASINGLY ATTRACTIVE INVESTMENT DESTINATION
With the effort to promote the image of an attractive, open investment environment, Vinh Phuc Industrial Parks (IPs) have become a destination chosen by many domestic and foreign businesses for the post- Covid-19 pandemic period.
NEW POLICIES EXPECTED TO BOOST REAL ESTATE MARKET
The policy innovations of the Government to remove difficulties for the economy are expected to open up opportunities and incentives for businesses operating in many different fields, including real estate. These are important support policies coming just in time to create a big push for the real estate market and other related businesses to recover after the COVID-19 pandemic.
BAKER MCKENZIE UPDATED: VIETNAM - COVID-19 - NEW GUIDELINES FOR FOREIGNERS ENTERING VIETNAM TO WORK
On 24 July 2020, the National Steering Committee on Prevention and Control of COVID-19 issued Official Letter No. 3949/CV-BCD regarding enhancing assurance of COVID-19 epidemic prevention for experts entering Vietnam to work ("Official Letter No. 3949").
