Business News

[20-01-2016] Foreign investment in HCM City's industrial parks and export processing zones is expected to rise this year as Viet Nam is scheduled to sign the Trans-Pacific Partnership (TTP) on February 4, according to the HCM City Industrial Parks and Export Processing Zones Authority (HEPZA).

[20-01-2016] The Government and the PM issued 16 legal documents, including 11 Decrees and five Decisions in December 2015. Decree No. 131/2015/ND-CP provides guidance on national important projects based on regulations of the Public Investment Law and the Investment Law including the organization and activities of the state evaluation council for investment projects, procedures and contents and expenditures for evaluation of the national important projects.

[19-01-2016] Vietnam’s evolving economy needs new strategies to maintain strong growth, and a World Bank report calls for the government to work with private sector importers, exporters and transport companies to improve freight logistics.

[18-01-2016] Viet Nam's real estate market is expected to continue recovery this year after gaining good business results last year, with the market reaping benefits from favourable macro conditions, experts said.

[19-01-2016] The central bank will control property loans to limit risks this year, an official told a meeting in HCM City late last week. State Bank of Viet Nam deputy governor Nguyen Phuoc Thanh said that although credits grew positively with the majority of loans poured into production and business activities last year, many banks pumped too much capital into the real estate market.

[19-01-2016] The new exchange rate management policy has helped reduce the US dollar speculation in the domestic market, an official said at an online discussion yesterday. It has also encouraged organisations and individuals to sell the greenback to commercial banks, the official added.

[16-01-2016] The stock price has gone down sharply, beyond all expectations, and gold has experienced a disappointing year while the housing price is going up, with more active trading activities. Foreign and domestic investors are racing to invest in new projects. Wealthy people are considering buying land or partments to profit.

[14-01-2016]  The amended Investment and Enterprise Laws were put into practice over half of a year with sharp increase in the number of newly-established enterprises and positive signals. Especially, six guiding documents were introduced with a view to ensuring the effective enforcement of the two laws.