“Vietnam’s property market has potential for short, mid, and long-term investment. The nation has a population of nearly 100 million, 37 per cent of whom live in urban areas,” said Nam. “Due to industrialisation and rapid urbanisation, there are more than one million people moving from rural to urban areas, resulting in an increase in the housing demand.” … [Read more...] about Firm appeal for Japanese developers
Development
Equity crowdfunding platform to boost start-up development
Hanoi (VNS/VNA) - An equity crowdfunding platform is being established to boost the development of start-up firms. Prime Minister Nguyen Xuan Phuc has asked the Ministry of Finance to develop a plan before 2021. The request was highlighted in the Prime Minister’s Directive No 09/CT-TTg issued recently about creating favourable conditions for start-up firms. The directive said there were many limitations and difficulties in the start-up ecosystem, which made Vietnam less competitive than other countries in the region. The problems lie in business prerequisites which did not match Industry 4.0, lack of investment in research and development, limited financial support from the Government and the shortage of a legal framework for the operation of new services. The Prime Minister asked the Ministry of Planning and Investment to review the Law on Investment to create favourable conditions for foreign investors to found, contribute capital and buy … [Read more...] about Equity crowdfunding platform to boost start-up development
Strategy aims to ensure national energy security
Hanoi (VNA) – The National Energy Development Strategy by 2030, with vision to 2045 aims to ensure national energy security, which serves as a foundation for growth. With such importance, the Politburo has approved a resolution which sets directions for the strategy. According to the Politburo, Vietnam is facing challenges in meeting national energy security targets and still has to import energy due to insufficient domestic supplies. Many power projects have been delayed and several projects invested by State-owned enterprises have incurred losses while the efficiency of energy exploitation remains low. Therefore, the strategy will prioritise rapid and sustainable energy development along with environmental protection and national security safeguarding. It also aims to diversify sources of energy and effectively use renewable, clean and new energy sources. Vietnam will prioritise wind and solar power and encourage investment in power plants using urban … [Read more...] about Strategy aims to ensure national energy security
Cognex expands presence in ASEAN market, targeting Việt Nam
Cognex representatives receives a lucky card at the launch ceremony of its new office. — VNS Photo Phương ThảoViet Nam News SINGAPORE — Việt Nam was an impressive emerging market with a rapid increase of foreign direct investment (FDI) as well as the appearance of mega-factories in recent years, stimulating technology corporations to expand their presence here. … [Read more...] about Cognex expands presence in ASEAN market, targeting Việt Nam
Danang M&As help overcome delays
M&A in the real estate sector in Danang has become increasingly popular. Novaland Group recently acquired a part of the Da Phuoc Urban Area project from its original South Korean backers Daewon Cantavil. The project will begin with roughly 2,700 townhouses and more than 1,000 villas of all sizes and types. … [Read more...] about Danang M&As help overcome delays
