cainiao dong nai smart logistics centre approved

Cainiao Dong Nai smart logistics centre approved

Cainiao Vietnam, a subsidiary of Cainiao Network, the logistics arm of Alibaba Group, has expanded its investment to the southern province of Dong Nai after successfully investing in the Cainiao Logistics centre in Long A.
apm terminals announces strategic partnership in vietnam

APM Terminals announces strategic partnership in Vietnam

APM Terminals, a part of A.P. Moller - Maersk, on March 28 announced a strategic partnership with HATECO Group in Vietnam involving the development of two new deep-water berths at Lach Huyen Port in the north of Haiphong.
horea proposes extension of repayment schedules for businesses

HoREA proposes extension of repayment schedules for businesses

The Ho Chi Minh City Real Estate Association (HoREA) suggests permitting enterprises with secured assets to receive loans from banks to repay bondholders.
positive real estate signs march ahead

Positive real estate signs march ahead

Credit growth, together with a downward trend of interest rates and the government’s operating policies, are having a positive impact and accelerating the recovery process for the housing market.
vietnam adjusting policies to adapt to global minimum corporate income tax official

Vietnam adjusting policies to adapt to global minimum corporate income tax: Official

Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.
wmh backs vietnamese retail talent to work in japan

WMH backs Vietnamese retail talent to work in Japan

World Mode Holdings Group (WMH), a leader in job placements for retailers and retail staff in Japan, is working with domestic recruiter People Link to launch a service that supports Vietnamese people to live and work in Japan.
lotte switches focus after cancellation of warehouse development in dong nai

Lotte switches focus after cancellation of warehouse development in Dong Nai

While Lotte Mall Hanoi is expected to open in August, Lotte Group has decided to cancel a warehouse project in southern province of Dong Nai.
land law points further scrutinised

Land law points further scrutinised

Clarifications on land use rights and property ownership for overseas lenders have been offered to the government from the foreign business community.
clarifying rights of foreign individuals to own property in vietnam

Clarifying rights of foreign individuals to own property in Vietnam

Whether foreigners have the right to own their land and property in Vietnam and how they can get these rights are among the key concerns of many who wish to live and work in Vietnam long term. Valerie Teo, tax partner, and Nghiem Xuan Hong An, senior manager of Tax Services at Grant Thornton Vietnam, analyse the requirements.
hospitality and real estate experts to share their views

Hospitality and real estate experts to share their views

Since the end of 2022, Vietnam’s hospitality and real estate sector has experienced numerous challenges. Despite this, industry experts remain quite optimistic about the potential of the market and new opportunities ahead.
capitaland negotiates to buy 15 billion of assets from vinhomes

CapitaLand negotiates to buy $1.5 billion of assets from Vinhomes

The Asian real estate giant CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vietnam's biggest listed property firm, Vinhomes JSC, sources familiar with the matter told Reuters.
novaland appoints new ceo

Novaland appoints new CEO

On March 17, No Va Land Investment Group Corporation (Novaland) issued Resolution No.18/2023-NQ.HDQT-NVLG from the Board of Directors on the appointment of Dennis Ng Teck Yow as CEO.
ma potential could revive choppy property market

M&A potential could revive choppy property market

Domestic capital is scarce and a series of projects are being delayed or sold off, with investors pursuing the potential of possible mergers in the distressed property market.
vinacapital and ryobi in real estate investment deal

VinaCapital and Ryobi in real estate investment deal

VinaCapital announced yesterday that it has signed an MoU with Ryobi Group to work together on suitable real estate projects, venture capital, infrastructure, energy, and other investment opportunities in listed and private equity in Vietnam.
just the beginning for real estate sector restructuring

Just the beginning for real estate sector restructuring

More than $52 billion is due to banks and bondholders from real estate groups in the Vietnamese market. VIR’s Bich Ngoc spoke with Xavier Jean, senior director of Corporate Ratings at S&P Global Ratings, on the possible path the government and enterprises can take.