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LEGAL UPDATE / POLICY

NEW POLICIES TAKE EFFECT FROM JULY

Many policies concerning maritime, taxation, investment, insurance and Pangasius fish farming have taken effect from July.

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PROPERTY / INDUSTRIAL ZONE

PROPERTY INVENTORIES FALL, WORRIES STILL LOOM

The total value of real estate inventories in the country decreased sharply to about VND27,894 billion by the end of May 2017, according to the statistics of the Bureau of Housing and Real Estate Market Management under the Ministry of Construction. Although inventories tend to go down, forecasted rising supply is fuelling up market concerns.

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PROPERTY / INDUSTRIAL ZONE

CITY PROPERTY MARKET TO CHANGE

HCM City’s real estate market in the 2017-20 period will see major changes as supply and demand will gradually adjust, stabilising and strengthening the market, according to the city’s Real Estate Association.

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CHARITY / EXHIBITION / OTHER EVENTS

RED APRON: FESTIVE WINE TASTING INVITATION

Join us at Red Apron boutique to savor an exclusive selection of wine from around the world.
3rd July, from 6:30pm to 9:00pm at 49J Quoc Huong, Dsitrict 2, HCMC
Free of charge for HKBAV Members

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VIETNAM BUSINESS FORUM / QUESTIONNAIRE

VBF: INVITATION TO CONFERENCES ON NATIONAL SINGLE-WINDOW MECHANISM, SPECIALIZED INSPECTION SCHEME, & COMMITMENT TO TRADE FACILITATION

Vietnam Business Forum (VBF) would like to invite you to “Conferences on National Single-window Mechanism, Specialized Inspection Scheme, & Commitment to Trade Facilitation” will be held by Modernization & Reform Department – General Department of Customs (GDC) as follows:

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GARMENT / TEXTILE

TEXTILE SECTOR HEADS TO GAIN US$31.3 BILLION FROM EXPORTING

The Government and the PM will continue assisting businesses to expand market and facilitate production and manufacturing, said Governor, Chairman of the Government Office Mai Tien Dung on June 20 at a meeting with the Viet Nam Textile and Apparel Association (VITAS).

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PROPERTY / INDUSTRIAL ZONE

CBRE WINS BIG AT ASIA PACIFIC PROPERTY AWARDS

CBRE Vietnam was honoured with three first prizes in important categories at the Asia Pacific Property Awards 2017. The company won “Best Real Estate Agency in Vietnam,” “Best Lettings Agency in Vietnam” and the “Property Consultancy Award” at the ceremony that took place in Bangkok earlier this month.

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HR / LABOUR/ EMPLOYMENT

MINIMUM WAGE INCREASES CONTINUE TO FALL FAR SHORT

Viet Nam has posted the highest regional increase in minimum wages over the last three years, more than Indonesia and China, but workers still struggle to make ends meet.


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