national citizen bank green lighted to raise charter capital

National Citizen Bank green-lighted to raise charter capital

Vietnam’s National Citizen Bank has received the permit to raise its charter capital to VND5 trillion ($217.4 million).
all bets placed on phu quoc casino

All bets placed on Phu Quoc casino

A casino in the southern island of Phu Quoc is set to be the first location in Vietnam to permit local people to gamble on its premises, contributing to the creation of a new multi-billion dollar industry in Vietnam, which has so far endured a turbulent path.
non profit schools on the rise

Non-profit schools on the rise

Despite early concerns about its feasibility, non-profit education is gaining ground in Vietnam with both foreign and domestic investors flocking to the burgeoning sector.
businesses spend one month and ten days on tax and insurance

Businesses spend one month and ten days on tax and insurance

While starting a business, dealing with construction permits, and getting electricity are assessed as the areas seeing the most improvement, paying taxes and resolving insolvency have seen little improvement much over the five years of implementing Resolution 19.
the billion dollar nascent projects of nghe an

The billion-dollar nascent projects of Nghe An

Numerous billion-dollar projects have been stalling for decades due to issues with land clearance and not receiving construction permit.
new high rises spark land battle in paris

New high-rises spark land battle in Paris

A group of tenants near Paris whose apartments are to be destroyed to build the tallest skyscrapers in western Europe are refusing to leave after fighting for years to save their homes.
revised casino decree to further relax restrictions

Revised casino decree to further relax restrictions

Major casino development in Vietnam has been on a slow and rocky path, but the country has recently permitted integrated resorts to feature casinos and open for local guests, with business conditions expected to loosen even further in the near future. However, developers still have a lot of work ahead of them.
binh dinh welcomes 63 million solar farm

Binh Dinh welcomes $63 million solar farm

Vietnam Renewable Energy JSC (REVN) has been permitted in principle to build a solar power plant in My Chau commune, Binh Dinh province’s Phu My district.
hanoi to shorten processing time for construction procedures

Hanoi to shorten processing time for construction procedures

Hanoi will shorten the time taken to process applications and grant construction permits from 166 days at present to no longer than 120 days in line with the Prime Minister’s Instructive 08/CT-TTg dated March 13 this year.
foreign investors propose 44 million minimum capital for universities

Foreign investors propose $44 million minimum capital for universities

Foreign investors’ proposal to increase the minimum investment capital of universities to VND1 trillion ($43.9 million) is expected to create a fair playground for both local and foreign investors in the education sector. But will it really?
cocobay added to danang docs black list

Cocobay added to Danang DoC’s black list

$616.7 million Cocobay complex, home to Cocobay Towers where football legend Cristiano Ronaldo registered to buy a condotel, is the latest name on the list of projects without a construction permit in the central city of Danang.
jobs sought for vn workers in taiwan fire

Jobs sought for VN workers in Taiwan fire

The Department of Overseas Labour Management has directed the arrangement of work for over 160 Vietnamese workers who lost their jobs due to a blaze that broke out in a factory dormitory in Taoyuan city, Taiwan (China) on Saturday.
no vietnamese victims found in taiwans factory fire

No Vietnamese victims found in Taiwan’s factory fire

No Vietnamese workers have been found injured or dead in a massive fire that broke out at a factory’s dormitory in Pingzhen District, Taoyuan city, Taiwan (China) around 9:00 pm on April 29.
ho chi minh city asked to double housing ownership period for foreigners

Ho Chi Minh City asked to double housing ownership period for foreigners

China-based real estate heavyweight E-House Holdings Limited proposed the Ho Chi Minh City People’s Committee to permit foreigners to own homes in the city for up to 100 years from the current 50.
excess loans to be permitted beginning may 1

Excess loans to be permitted beginning May 1

Credit institutions and foreign banks will be allowed to grant loans to some prioritised borrowers in excess of lending limits regulated by law beginning next month.