impacts of land law on foreign investors

Impacts of land law on foreign investors

The implementation of Vietnam’s new Land Law, effective from next year, brings significant changes that will shape the landscape for real estate investors, particularly foreign investors, who must navigate these changes strategically.
fresh land law will offer beneficial economic utility

Fresh land law will offer beneficial economic utility

The adoption of the revised Land Law in January was billed as one of the most important legislative tasks of the latest National Assembly. It will come into effect in January 2025 and should be viewed as a strengthening of the foundation underpinning the Real Estate Business Law and the Housing Law, both passed last November.
thailands scb poised to acquire home credit vietnam

Thailand's SCB poised to acquire Home Credit Vietnam

SCB X Pcl, the largest bank in Thailand based on market value, is nearing an agreement to acquire Home Credit's Vietnamese operations.
pm receives president and ceo of siemens

PM receives President and CEO of Siemens

Prime Minister Pham Minh Chinh on February 26 received Roland Busch, visiting President and CEO of Siemens Group – a German-based technology group that has run its representative office in Vietnam since 1993.
thailands high household debt affects automotive sector

Thailand’s high household debt affects automotive sector

The rising debts of households in Thailand have prompted financial institutes to employ stricter criteria in granting auto loans, resulting in the automotive industry's production and sales down in January compared to the same period last year, according to the Federation of Thai Industries (FTI)’s Automotive Industry Club.
thailand to use game to promote tourism

Thailand to use game to promote tourism

Thailand’s Tourism and Sports Minister Sudawan Wangsuphakijkosol has announced that popular tourist destinations in secondary provinces in the country will be proposed as scenes in Gravity's hit mobile game Ragnarok Origin.
phu yen leaning into industrial growth

Phu Yen leaning into industrial growth

Located on the south-central coast with a temperate climate, abundant land, and infrastructure gradually being completed synchronously, Phu Yen province is considered a promising land for industrial development.
bank of thailand warns of economic recession

Bank of Thailand warns of economic recession

Thailand's export sector has lost competitiveness in global markets, with the market share of rice shipments falling by more than 50 per cent over the past 20 years, according to the Bank of Thailand (BoT).
wildfires rampant in northern thailand

Wildfires rampant in northern Thailand

According to Thailand’s Geo-Informatics and Space Technology Development Agency (GISTDA), the recent outbreak of wildfires in the country has put an estimated 160,000 hectares in 10 northern provinces at risk, marking a critical environmental and humanitarian crisis.
citi recognised for landmark vietnamese ma deal

Citi recognised for landmark Vietnamese M&A deal

Citi led a transformational merger and acquisition (M&A) deal in the healthcare sector last year, in which Quadria Capital Investment Management and founding shareholders of FV Group sold their 100 per cent stake in FV to Singapore-based Thomson Medical Group Limited.
thailands central pattana sets up vietnamese subsidiary

Thailand's Central Pattana sets up Vietnamese subsidiary

Central Pattana Public Company Limited has announced that its subsidiary, CPN Global Co., Ltd., has established a presence in Vietnam, according to a notification sent to the Stock Exchange of Thailand on February 2.
land zoned for social housing expands to over 8390ha ministry

Land zoned for social housing expands to over 8,390ha: ministry

The land area zoned for social housing development has increased by 5,031ha from the 3,359ha reported in 2020, said the Ministry of Construction (MoC).
eu launches probe into tiktok over child protection

EU launches probe into TikTok over child protection

The EU on Monday announced a formal investigation into TikTok over alleged breaches of its obligations to protect minors online, under a landmark new law on policing digital content.
thailand keen on alternative energy

Thailand keen on alternative energy

More state-run energy firms in Thailand are eager to try alternative fuels to support the campaign against climate change, with the Electricity Generating Authority of Thailand (Egat) becoming the latest agency, aiming to replace coal with wood pellets to fuel its power plant.
former thai pm thaksin shinawatra released

Former Thai PM Thaksin Shinawatra released

Former Thai Prime Minister Thaksin Shinawatra was released on February 18, six months after his return to the country following a period of exile.