Vietnamese overseas investments were also more diversified in term of sectors and destinations countries. Vietnamese firms were expanding their investments in Japan, the US, the Republic of Korea, Singapore, Australia and the European Union, besides traditional markets like Laos, Cambodia and Russia. … [Read more...] about VN to set new regulations for overseas investment
Real estate board of greater vancouver
Land prices frame proposed to be more market-based
According to lawyer Vo Thien Hien from the HCM City Bar Asociation, the real transaction prices of property was not often shown in contracts. The price in the contracts was often lower or equivalent to the minimum in the regulated land prices frame. … [Read more...] about Land prices frame proposed to be more market-based
Hospitality property taking lead with domestic travel focus
The market remains challenging,. Vietnam is lucky as it has large population that has generally enough income to travel domestically. So, the demand for resorts, hotels, inns, and other services is still driven by Ho Chi Minh City and Hanoi. Obviously, where we are suffering is that the borders have not opened yet, and we have no inbound traffic. But the hospitality industry in Vietnam is doing better than some other countries such as Thailand, Cambodia, Laos, and the Philippines. I think Vietnam’s hospitality market will accelerate faster than other countries in the area. We have a very good track record through COVID-19. As soon as borders are opened, we can expect certain routes to come back very quickly. … [Read more...] about Hospitality property taking lead with domestic travel focus
Banks target consumer loans for higher credit growth
Banks were also buying more corporate bonds. Bankers were the biggest buyers of bonds, especially real estate bonds. In the first half of this year alone, banks bought VND28 trillion worth of bonds issued by real estate firms, which accounted for 40 per cent of the total bonds issued. — VNS … [Read more...] about Banks target consumer loans for higher credit growth
Phone numbers must not be used for advertising calls and SMS: MIC
Lich stressed that previously, advertisers could send messages or make calls with any normal phone number. However, under Decree 91, those who want to send ad messages must register identifier names and must not send messages from their normal phone numbers. As such, users can then easily recognize ad messages. … [Read more...] about Phone numbers must not be used for advertising calls and SMS: MIC
