Viet Nam will become an attractive destination for real estate investment and business because of the high demand for housing, industrial park infrastructure, shopping malls, and tourism property. Minister of Construction Pham Hong Ha made the statement at the three-day International Real Estate Conference 2018 (IREC) under the theme “Viet Nam: A World of Opportunities” which opened in Ha Noi on Thursday. More than 300 international guests and thousands of Vietnamese delegates took part in the event. Ha said the recent growth of the property market has contributed to the fast and sustainable development of Viet Nam. “It also contributes to the strong development of financial, securities, labour and service markets and many related industries, such as construction and building materials,” he added. He noted the Vietnamese Government highly values the active role and efforts of domestic and foreign businesses in the country’s property market. “Real … [Read more...] about Viet Nam – attractive destination for estate investors
Viet nam
Green One UN House in Viet Nam awarded by the World Green Building…
Receiving the award on behalf of the United Nations, Mr. Kamal Malhotra, UN Resident Coordinator and UNDP Resident Representative in Viet Nam said, “The sustainability of our societies around the world has always been and remains the central mission of the United Nations. This has been very clear from our founding over 70 years ago. It is stated in the UN charter and most recently in the Agenda 2030 which embodies the UN’s Sustainable Development Goals. By presenting the UN in Viet Nam with this award today, you recognize the unique role that the United Nations can and must also play in championing the leadership in Green Building design around the world.”Source: cand.com.vnOne of the Jurors of this Award, Joelle Chen, Regional Head of WorldGBC’s Asia Pacific Network said, “Our Green Building Councils in the Asia Pacific Regional Network work with some of the most pioneering companies and innovators on green building. The Green One UN House serves as a … [Read more...] about Green One UN House in Viet Nam awarded by the World Green Building…
Viet Nam’s trade surplus increases to $2.8 billion
Viet Nam’s trade surplus rose to US$2.8 billion in the first eight months of this year, the General Statistics Office (GSO) reported yesterday.– Photo nhandan.com.vn Viet Nam’s trade surplus rose to US$2.8 billion in the first eight months of this year, the General Statistics Office (GSO) reported yesterday. Total export value increased 14.5 per cent year-on-year to $155.4 billion during the first eight months. Of which, the domestic economic sector achieved a year-on-year surge of 17.4 per cent to $45.11 billion, while the foreign direct investment (FDI) sector gained $110.3 billion, an increase of 13.4 per cent. The FDI sector had lower growth in export value against the domestic sector but it holds 71 per cent of total national export value, said a GSO expert. Many key export products gained high growth in value during the first eight months. Export value rose 15.7 per cent to $30.9 billion for telephone and parts; and 14.2 per cent to $18.4 billion for electronic … [Read more...] about Viet Nam’s trade surplus increases to $2.8 billion
Viet Nam’s FDI tops $24.35b in 8 months
Foreign direct investment (FDI) commitments in the first eight months totaled US$24.35 billion, up 4.2 per cent year-on-year, according to the Foreign Investment Agency (FIA). During the reviewed period, FDI disbursement also saw a positive increase of 9.2 per cent to $11.25 billion, the FIA, which is under the Ministry of Planning and Investment, has said. Up to 1,918 new projects were granted licences with total registered investment capital of $13.48 billion between January and August, up 0.2 per cent from the same period last year, while 736 operating projects were injected with an additional $5.58 billion, equivalent to 87.2 per cent of last year’s corresponding period. Notably, overseas players spent $5.28 billion on acquiring shares in Vietnamese companies in the first eight months, shooting up 51 per cent year-on-year. Among the largest-scale projects were the Japanese Sumitomo Corporation’s smart city project in Ha Noi’s Dong Anh District, capitalised at over … [Read more...] about Viet Nam’s FDI tops $24.35b in 8 months
Latest BMW models to debut in Viet Nam
The BMW X2 model will be introduced in the Viet Nam market starting from September 2018. — Photo courtesy Thaco Local car maker Truong Hai Auto company (THACO) will introduce the BMW X2 model in Viet Nam, just one year after the vehicle first debuted at the Los Angeles Auto Show in the US in 2017. Thaco said the newest cross-over model and other imported BMW X1, BMW 118i and BMW 218i have been shipped to Viet Nam for the official curtain-raising event this September. It also said BMW X2 will offer three classes including Base, M-Sport and M Sport X for Vietnamese customers. According to Thaco, further models — notably the BMW 7 Series 740Li, 750Li and M760Li X Drive — will be arriving in Viet Nam for show-off events later this year. Thaco has been the new official importer of BMW and MINI vehicles in Viet Nam following a co-operation deal with the German giant car maker signed in January of 2018. A BMW 7 Series model is planned to officially debut later in 2018. … [Read more...] about Latest BMW models to debut in Viet Nam