New values in demand for living space Homebuyers growing picky There are big changes in homebuyers’ demands nowadays. If location and pricing were the top factors in the past, now comfort also plays a decisive role. This has required developers to scale up investment into ensuring living space and the comfort of their projects. Late last year, a string of projects introduced by some major developers in Ho Chi Minh City, albeit carrying high price tags, could still garner a great deal of attention from homebuyers. Saigon Mystery Villas on Bat Nan Road (District 2) by Hung Thinh Corporation consists of 12 attached house blocs and two villa complexes covering nearly 15 hectares. Despite its fairly high price averaging VND100 million ($4,500) per square metre, more than 70 per cent of the products put on offer have found owners in a short time. Huy, a homebuyer at the project, said that the project perfectly fit his requirements despite the high price tag. Besides its proximity to … [Read more...] about New values in demand for living space
Uk amends tax strategy publication requirement
Investors step up M&A movements
The remainder of 2019 will be key for Vietnam to avail of longer-term investment possibilities, Photo: Le Toan Warrick Cleine, chairman and CEO of KPMG Vietnam, told VIR that they have seen tremendous confidence in Vietnam from large investors, especially from the likes of Japan, South Korea, and Singapore. The trend has expanded from the acquisition of 100 per cent or control of Vietnamese companies, such as the Sabeco deal from Thailand, to minority or strategic investments in large Vietnamese companies. These are often institutional investors, and their decisions reflect confidence in Vietnam’s overall macroeconomic and geopolitical state, and the management teams and business models of the specific companies. “Provided the global economy remains strong and Vietnam maintains its reform orientation, there is no reason investors will not continue to have the confidence to invest in Vietnam,” Cleine stressed. KPMG in particular expects to … [Read more...] about Investors step up M&A movements
Viet Capital Bank and KPMG develop new profitability analysis model
The model aims to provide in-depth analysis of profit under different perspectives The model was developed with all aspects of the banking business taken into consideration, including the allocation of costs from supporting departments to front offices that directly generate revenue. The main objective of this model is to provide in-depth analysis of profits under different perspectives, such as products, customer segments, and business units impacting performance, helping banking leaders make accurate and effective business decisions. KPMG is one of the world’s four largest professional audit, tax, and advisory service firms. With over 25 years of experience in Vietnam, KPMG is the leading brand, having a team of experts who are knowledgeable about banking and finance from both domestic and international perspectives. KPMG consultants have been successfully implementing human resources solutions, as well as financial management and technology solutions for various banks … [Read more...] about Viet Capital Bank and KPMG develop new profitability analysis model
Siemens at the forefront of an AI-driven Vietnam
The new SIMATIC S7-1500 TM NPU module with integrated AI It is said that AI offers tremendous potential for industry. What specific insights does Siemens have on this? Pham Thai Lai AI has widely emerged in our daily life in various ways. For example, today we are using face or speech recognition as a given. In the last two or three decades, major technology advances have made more powerful hardware and software and improved computing power and data transmission. This promotes and offers new areas and dimension of using AI to create entirely new industrial opportunities for flexible and efficient production, even when it comes to complex and increasingly customised products in small batch runs. The consequences will be significant. According to a PricewaterhouseCoopers study, AI could contribute up to $15.7 trillion to the global economy in 2030, and a total of 62 per cent of large companies have already utilised AI technology by 2018. Furthermore, the industry is becoming … [Read more...] about Siemens at the forefront of an AI-driven Vietnam
HEINEKEN Vietnam supports clean water supply in Lai Chau province
The clean water station's ground-breaking ceremony in Khoen On commune by HEINEKEN Vietnam This is the 24th water supply project across the country that HEINEKEN Vietnam has sponsored to support communities in need of clean water with a value of VND300 million ($13 million). Khoen On commune is home to many ethnic minority groups. The people living here are currently using untreated water from nearby rivers or streams. These sources cannot always meet the daily needs of people, especially during the dry season. The water station sponsored by HEINEKEN Vietnam will provide the villagers of Khoen On commune with five wells where they can access water. “This is a very important project for the community in Khoen On commune, Than Uyen district as it helps meet the urgent need for regular access to clean water. We welcome and highly appreciate HEINEKEN Vietnam’s efforts to proactively support the improvement of local infrastructure and hope that more water stations will come … [Read more...] about HEINEKEN Vietnam supports clean water supply in Lai Chau province