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LOTTE Group launches LOTTE MALL West Lake Hanoi

28-07-2023 16:03

LOTTE Group Korea has announced the opening of LOTTE MALL West Lake Hanoi, a premium multifunctional complex nestled near the heart of the city, promising to deliver the most comprehensive shopping and entertainment experience ever seen in Vietnam.

Int'l media praise Vietnamese women footballers in 2023 World Cup

28-07-2023 14:58

Despite not being able to secure any point against the Portuguese women's national team in the second match of Group E at the 2023 FIFA Women's World Cup, coach Mai Duc Chung's team still received praise from the international media for their relentless fighting spirit.

Proper land valuation vital to removing property bottlenecks

28-07-2023 09:00

Experts shed light on the importance of suitabl land valuation to facilitate the recovery of the real estate market at a VIR's seminar "Proper land valuation to remove project bottlenecks" held in Hanoi yesterday.

Further amendments likely to help real estate recovery

27-07-2023 08:00

The spotlight has been back on the real estate market in recent months with many renowned foreign investors entering the market, but further market revisions will be required to keep things moving in the right direction.

VNIDA conference debates future of independent directors in Vietnam

26-07-2023 16:20

Nearly 250 experts from prominently listed, unlisted, and foreign-invested firms across Vietnam and the region converged at the July Independent Directors Forum, hosted by the Vietnam Independent Directors Association (VNIDA). The conference marked a significant milestone in Vietnam's corporate governance landscape.

Vietnam intensifies scrutiny of construction equitisation

26-07-2023 11:24

Vietnam's government is urging state-owned construction firms and associated regulatory authorities to stringently enforce audit conclusion 1229, aimed at rectifying potential transgressions in the equitisation process and prevention of state asset losses.

Ricons triggers legal dispute against Coteccons over unsettled debt

26-07-2023 09:54

A longstanding financial dispute involving outstanding debts from economic contracts has culminated in a bankruptcy petition against Coteccons Construction JSC by Ricons Construction JSC.

Divergence in profit forecasts likely heading into 2024

26-07-2023 08:00

Multiple securities reports have forecasted that the pre-tax profit of the entire banking industry will experience a deceleration and subsequently exhibit a significant divergence over the next year, but bank stocks are still highly sought after.

Tight outlook with new offshore borrowing rules

25-07-2023 11:22

On June 30, the State Bank of Vietnam (SBV), in an effort to address loopholes in previous regulations and offer a more comprehensive framework for non-government guaranteed offshore borrowing, issued Circular No.08/2023/TT-NHNN to replace Circular No.12/2014/TT-NHNN from August 15. Circular 08 has been adopted with significant changes compared to Circular 12.

Urgent actions needed to address investment barriers

25-07-2023 11:00

Vietnam’s GDP growth accelerated in Q2 of 2023 compared with Q1, but the annual growth rate of under 4 per cent during the first half of 2023 was well below the official 6.5 per cent target. While disappointing, any growth in the current difficult environment could be viewed as a positive. Importantly, the macroeconomic foundations remain mostly stable with relatively low inflation.