62 real estate projects in ho chi minh city fail housing standards

62 real estate projects in Ho Chi Minh City fail housing standards

In Ho Chi Minh City, 62 real estate developments have been reportedly flagged by the Department of Planning and Investment (DPI) for failing to meet the criteria set for commercial housing projects. The revelation has triggered investor anxiety, particularly among those who have already staked significant financial resources in these projects. Some of the developments have been occupied for years, despite not satisfying requisite standards.
sumitomo explores investment in thanh hoa province

Sumitomo explores investment in Thanh Hoa province

Sumitomo Corporation, a Japanese conglomerate, visited Thanh Hoa province on June 28 to sign an MoU with the centrl province's people's committee. The agreement focuses on researching and investing in the construction and operation of industrial infrastructure in the western area of Thanh Hoa city, including a logistics centre and urban development surrounding the industrial zone.
foxconn gains projects worth 246 million in quang ninh

Foxconn gains projects worth $246 million in Quang Ninh

Quang Ninh People's Committee has granted investment certificates for two Foxconn projects worth more than $246 million in Song Khoai Industrial Zone (invested by Thailand’s biggest industrial developer Amata) and Quang Yen Economic Zone.
hung yen boasts fdi investment appeal

Hung Yen boasts FDI investment appeal

Foreign direct investment (FDI) has become Hung Yen’s highlight, making significant contributions to the province’s socioeconomic development by creating jobs and increasing revenue for the provincial budget.
deputy pm urges prioritising administrative reform in business

Deputy PM urges prioritising administrative reform in business

Administrative regulations and procedures in investment and business should be simplified and reformed first, Deputy Prime Minister Tran Luu Quang said at a recent meeting on administrative reform and improving the efficiency of policy consultation to the Government and the PM.
number of new businesses hits record high in june

Number of new businesses hits record high in June

There were 13,904 newly established enterprises in June 2023, an increase of 4.8 per cent over the same period in 2022.
fdi flows into vietnam forecast to increase in h2 experts

FDI flows into Vietnam forecast to increase in H2: Experts

The flows of foreign direct investment (FDI) into Vietnam are forecast to increase in the second half of the year as the downturn has been improved in recent months, experts have said.
chinese conglomerates express strong interest in expanding investments in vietnam

Chinese conglomerates express strong interest in expanding investments in Vietnam

Top Chinese groups, including Texhong Group, Goertek Group, and Energy China Group, have shown significant enthusiasm for expanding their investments across various sectors in Vietnam, signalling the country's growing appeal as a lucrative business destination.
pm calls for more chinese investments

PM calls for more Chinese investments

Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing on June 28 within the framework of his official visit to China.
incentives at play for asian groups to contend with gmt

Incentives at play for Asian groups to contend with GMT

While waiting for official announcement of actual investment cost-based incentives, South Korean and Japanese businesses in Vietnam are seeking more efficiency in administrative procedures to ease their possible burden via the upcoming global minimum tax.
sumitomo corporation expands investment in thang long ii industrial park

Sumitomo Corporation expands investment in Thang Long II Industrial Park

Sumitomo Corporation is strengthening its commitment to Thang Long II Industrial Park (IP) in the northern province Hung Yen, with six Japanese companies investing $500 million in the park's third phase expansion.
southern region scales up logistics investment

Southern region scales up logistics investment

Localities in the southeast are expediting a raft of major infrastructure projects to realise the goal of shaping a logistics hub in the Southern Key Economic Zone.
vietnam mitigates global minimum tax issues for foreign investors

Vietnam mitigates global minimum tax issues for foreign investors

Vietnamese tax officials are strategising resource allocation and customised support mechanisms to alleviate the consequences of the global minimum tax (GMT) on foreign enterprises, ensuring an appealing investment climate.
sao do group collaborates with rmit on human resources training

Sao Do Group collaborates with RMIT on human resources training

Early this month, in the presence of Australian Prime Minister Anthony Albanese, RMIT University announced the next phase of RMIT's commitment to Vietnam, which includes a strategic investment fund worth more than $165.2 million.
fdi disbursement recovering in h1

FDI disbursement recovering in H1

In the first half of the year, foreign investment capital disbursement was $10.02 billion, a slight increase of 0.5 per cent on-year. However, the total registered capital fell to $13.43 billion.