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"Grade A sales has been decreasing consecutively since 2017 and was the worst-hit segment by the pandemic in 2020," said Hang. Of this, a lot of high-end apartment projects of giant developers like Tan Hoang Minh Group, Sunshine Group, Sun Group, and Hateco Group, located in Ba Dinh, Tay Ho, and other districts, which launched in 2020 and earlier, could not sell out during the difficult year. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24

Under Vietnam's Penal Code, sex workers are given a warning and fined VND100,000-300,000 ($4.26-12.78), while pimps and sex ring organizers can get between six months and five years in jail. … [Read more...] about Trans woman running $7,000 sex tours arrested in Hanoi

At the trial, 20 lawyers of 14 U.S. chemical companies, namely Bayer-Monsanto, Dow Chemical, Harcros Chemicals, Uniroyal Chemical, and Thompson-Hayward Chemical among others, will have four hours to debate, while Nga’s three lawyers will only have one hour and 30 minutes. … [Read more...] about Vietnamese-French woman fights US chemical firms for justice for Agent Orange victims

More and more young people started their businesses in internet. Several fan pages have attracted attention of tens of thousands of people or even hundreds of followers who are traders. For instance, 28-year-old Nguyen Thi Kim Thoa in To Ky Street in District 12 shared that she has sold foreign-made clothing and cosmetics for three years earning from VND15 million- VND20 million per month. She has to update and sort out new clothes everyday as well as receive and reply feedbacks of customers without stop. She had felt fatigue at first; yet she has not been so busy later after hiring an assistant; therefore, her business has gone smoothly. … [Read more...] about Young businesspersons focus on creative businesses

However, the corporation implemented drastic and comprehensive restructuring measures. Those included increasing debt purchase of banks according to market principles, switching debts to contributed capital, paying debts by investments that VIMC is in need of divestment, thoroughly handling bad debts and ineffective assets, saving costs, accepting some businesses to file for bankruptcy, focusing on market development and improving efficiency of trade activities. Thanks to greater efforts, VIMC has made profits totaling more than VND1 trillion from seaport services per year since it was equitized, helping it overcome numerous difficulties in maritime transportation. Seaports have become ‘gold mines’ for partners and investors who want to own VIMC’s stocks by investing in the parent company. … [Read more...] about VIMC strives to become regional brand name