clarity being offered through changes to nations land and real estate legislation

Clarity being offered through changes to nation’s land and real estate legislation

The National Assembly has approved the amended Law on Land after lengthy consideration. Raymond Mallon, an independent economic consultant, analyses how will the anticipated revisions toed legislation governing land and real estate will could impact on investors and owners in Vietnam.
asean manufacturing sector sees slight improvement

ASEAN manufacturing sector sees slight improvement

There are some new and slight improvement across the ASEAN manufacturing sector in January, according to S&P Global Ratings, with the headline ASEAN manufacturing PMI rising from 49.7 in December to 50.3. Manufacturers continued to be optimistic about the 12-month output outlook. Growth was recorded across four of the seven ASEAN members.
asset quality notable in banks 2023 business results

Asset quality notable in banks' 2023 business results

The banking industry saw an increase in profits last year, with asset quality still a notable point in banks' business results. Tran Thi Khanh Hien, director of MBS' Research Division, talked to VIR's Hong Dung about these results.
incham organises annual business meet and tet reception

INCHAM organises annual business meet and Tet reception

On February 2, 2024, the Indian Business Chamber in Hanoi (INCHAM Hanoi) and the Embassy of India jointly organised the annual business meet cum Lunar New Year reception.
hr firm talentnet increasing regional footprint

HR firm Talentnet increasing regional footprint

Human resources (HR) consultancy Talentnet opened a new branch in Cambodia and a representative office in Singapore in January in a bid to expand its business and to assist Vietnamese firms more effectively in finding growth opportunities in new markets.
gea procomacs technology has transformed the fb industry

GEA Procomac's technology has transformed the F&B industry

The number of resources consumed by countries is increasing, causing their depletion and a decline in quality of life. As a result, many countries are shifting to a circular economic model with sustainable production that restores, regenerates, and gradually reduces the number of resources exploited and limits emissions.
bcg energy enters waste to energy sector

BCG Energy enters 'waste-to-energy' sector

BCG Energy, the renewable energy subsidiary of the Bamboo Capital Group, signed a share purchase agreement on January 31 with Tam Sinh Nghia Investment Development JSC, a company specialising in waste management in Ho Chi Minh City.
deep c industrial zones remain a reliable investment location

DEEP C Industrial Zones remain a reliable investment location

The DEEP C Industrial Zones (IZ) complex – based in Haiphong city and Quang Ninh province – initiated 21 new projects last year with a total capital value of $970 million, including those for vehicle manufacturing and component production for the renewable energy industry.
overseas vietnamese updated on hcm citys specific development mechanism policy

Overseas Vietnamese updated on HCM City’s specific development mechanism, policy

The overseas Vietnamese (OV) community in the Czech Republic have been updated on a new resolution of the Vietnamese National Assembly (NA) on piloting some specific mechanisms and policies for the development of Ho Chi Minh City.
fireworks displays at 11 places to shine on ho chi minh citys sky on tet eve

Fireworks displays at 11 places to shine on Ho Chi Minh City's sky on Tet Eve​

Authorities of the southern metropolis of Ho Chi Minh City has decided to increase the number of venues hosting fireworks displays on the upcoming Lunar New Year's Eve to 11, an increase from last year's eight.
thailand strengthens cooperation with cambodia against trans border pollution

Thailand strengthens cooperation with Cambodia against trans-border pollution

The Thai government is accelerating efforts to hold talks with its Cambodian counterpart to address transboundary air pollution, which is posing an increasing threat to the health of people in Thailand, as the dry season, is expected to be dryer and longer this year due to the El Nino phenomenon, gets underway.
ssrg unveils marum estate in anticipation of cambodias economic surge

SSRG unveils Marum Estate in anticipation of Cambodia's economic surge

SSRG (Sir Stamford Raffles Group) - a leader in innovative real estate development, has just announced the soft launch of Marum Estate in Cambodia's Kandal to attract the attention of buyers in the Indochina area.
enterprises make efforts to ensure tet employee bonus

Enterprises make efforts to ensure Tet employee bonus

Companies have found headroom to offer workers bonuses for the Lunar New Year break – even those with falling order numbers and bleak business results.
more attention likely in housing ownership

More attention likely in housing ownership

The National Assembly passed a new Law on Housing and new Law on Real Estate Business last November. Anh Le, managing partner at DN Legal, analyses a number of legal changes related to housing ownership of foreigners in Vietnam.
projected gmt consequences on foreign investment

Projected GMT consequences on foreign investment

Last November, Vietnam legalised rules regarding the introduction of global minimum tax (GMT). It is set at 15 per cent in Vietnam for enterprises considered as constituent entities of multinational corporations (MNCs) with consolidated revenue from €750 million (around $815 million) in two of four consecutive years.