February marks the 30th anniversary of the US lifting its trade embargo with Vietnam, opening a wider door for bilateral relations. Richard D. McClellan, country director of the Tony Blair Institute for Global Change in Vietnam, talked to VIR’s Viet Duong about economic and trade prospects between both countries.
Nguyen Van Dinh, chairman of the Vietnam Association of Realtors (VARS), hoped that processes and norms will be revamped to help the real estate market revive.
Although the real estate market in Vietnam is facing a number of economic complexities, there is still ample room for investment, particularly in the suburban sector where the trend of relocating projects remains strong.
Amid the slowdown of the real estate industry, An Thinh Group is nevertheless succeeding in the market thanks to a team of experienced staff with 20 years of experience in investment, construction, and trade services.
Decree 51/2018/ND-CP on the establishment and trading on commodity exchanges, which will come into force on June 1, 2018, is expected to open a new era for both businesses and farmers to boost sales through this channel. Nguyen Duc Dung, deputy general director of the Vietnam Commodity Exchange, had a talk with VIR about this issue.
Applying advanced technology is not only helping real estate buyers and sellers to manage information and transactions in an easy and efficient manner, but also enhancing the sellers’ ability to connect and advertise their products. However, this is just the beginning of a long journey.
A higher degree of professionalism and the integrated resort business model are expected to make a difference and increase revenue for the Vietnamese tourism sector
Investors are seeking alternative opportunities in central coastal cities like Danang and Nha Trang, given the high property prices in Hanoi and Ho Chi Minh City. In anticipation of the trend, foreign developers with strong financial capacity have ramped up acquisitions or have been partnering with local developers to scale up projects there.
More customers have contacted VIR to accuse Paradise Bay Resort Co., Ltd. for false advertising.
Alma Resort may not meet the five-star standard that it claims to.
The Italian Trade Agency, the National Association of Manufacturers of Footwear, Leather Goods and Tanning Technologies and the Viet Nam Leather, Footwear and Handbag Association (LEFASO) inaugurated the Italy-Viet Nam Footwear Technology Centre at the Lefaso Centre in Binh Duong Province’s Di An District on July 12.
The first 5-star service apartment hotel of the Citadines Central Binh Duong offering 200 stylish one to three-bedroom units will be opening in the southern city of Binh Duong in the first quarter of 2018.
Oil and gas company Total Viet Nam recently signed a capital transfer agreement to buy Sai Gon Construction Corporation's (SGCC)18.5 per cent stake in Totalgaz Viet Nam.