Truong had previously received land use right authorization from land owners in District 2, 9 in HCMC and Long Thanh District in the neighboring province of Dong Nai to have real estate procedures done on their behalf. … [Read more...] about Billion-dollar real estate fraud investigated
Real estate investment opportunities
Singapore ranks second in Asia in investment attraction
Singapore (VNA) – Singapore is the second most preferred city in Asia-Pacific for cross-border investments this year, according to the CBRE 2021 Asia Pacific Investor Intentions Survey. Desmond Sim, head of research for Southeast Asia at CBRE – a global commercial real estate services company, said Singapore remains an important hub for foreign corporations looking to access Southeast Asia. The survey notes that Singapore is turning out to be a viable alternative to China’s Hong Kong for companies setting up Asia-Pacific headquarters. The upbeat news comes in the wake of the Economic Development Board’s report that Singapore attracted about 17.2 billion SGD (12.9 billion USD) in fixed asset investments last year amidst the pandemic. Japan’s Tokyo topped the study due to the availability of high-quality assets and strong liquidity. Seoul came in third, followed by Shanghai of China and Ho Chi Minh City of Vietnam. The survey polled 492 investors, who … [Read more...] about Singapore ranks second in Asia in investment attraction
Investing in innovation to aid growth potential
Where does Vietnam stand now compared to other markets in the region? Financial services are still very fragmented. There are still a lot of smaller banks in Vietnam compared to some of the other markets right now where the big banks have a much higher share. If you take the top six banks, I believe in Thailand they would constitute above 70 per cent. In Vietnam, it’s probably below 50 per cent. What that means is that it is harder to make the required investments to modernise your business and operating models, as you can’t spread your fixed investments across more companies or customers. … [Read more...] about Investing in innovation to aid growth potential
Public investment will focus on key projects: Minister
Hanoi (VNS/VNA) - Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said. Last year saw the highest public investment disbursement rate in 2016-2020 as the Government identified public investment as a major driver for growth in the context of the COVID-19 pandemic. The Ministry of Planning and Investment estimated the public investment disbursement rate would reach more than 90 percent of the plan as of the end January 31 (the deadline for disbursement of 2020 public investment), compared to 73.3 percent of 2017, 66.8 percent of 2018 and 67.46 percent of 2019. There were 17 ministries, central-level agencies and 17 localities with disbursement rates of more than 80 percent as of December 31, 2020. However, 13 ministries and central-level agencies and five localities had disbursement rates below 60 percent. … [Read more...] about Public investment will focus on key projects: Minister
Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam
As most of the local pharmaceutical companies mainly produce inexpensive and common drugs, while drugs of high value still have to be imported, Anh said he was looking for Indian partners who can incorporate, transfer technology or participate in part of the pharmaceutical active ingredient semi-synthetic chain in Việt Nam. … [Read more...] about Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam