Business News

From January 1, 2018 to September 5, 2018, the total import-export tax revenue through e-tax payment of the customs sector reached VND191,145 billion, accounting for 95% of the total revenue to the State budget.

The nation’s leading human capital management conference and employment law conference on 02 November 2018 at Sheraton Saigon Hotel.

Chairman of Ha Tinh People’s Committee Dang Quoc Khanh has signed a decision approving the construction of Haivina Hong Linh garment factory at Nam Hong Industrial Zone.

Hanoi expects to attract more foreign buyers on its real estate market as a rising number of foreign experts and entrepreneurs are working in the capital city.

Under the chairmanship of the Vietnam National Real Estate Association (VnREA) and the United States National Association of Realtors (NAR), the International Real Estate Conference (IREC 2018) took place over five days from September 5 to 9, 2018, in Hanoi. This was the fourth conference held by NAR, the first in Vietnam.

The Vietnamese real estate market is entering the last quarter of 2018. Remarking on market performance from the beginning of the year, an official from the Ministry of Construction said that the market had relatively stable growth, abundant supply and more practical product valuation. Hence, the actual demand also picks up significantly. The Ministry said that a potential boom in land demand may be seen in areas with good cooperation, but the market will be generally stable.

The Government has issued a decree to update provisions of the Labour Code relating to wages. The newly issued decree, which will take effect from November 1 this year, details regulations for wage scales, payroll and labour productivity norms.

Việt Nam’s stock market capitalisation increased 13 per cent against the end of last year, reaching nearly VNĐ3.97 quadrillion (US$169.5 billion) by the end of August. This value was equivalent to 79.2 per cent of the country’s gross domestic product (GDP), according to the Ministry of Finance.