For example, a new housing price level was set in just a short period of time in HCM City, he said, adding that affordable projects become mid-end and mid-end become high-end. The problem was that this was simply an increase in price, not in quality, which might easily cause a market bubble, he added. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 18
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Smoking rate among men falls in 2020
The smoking rate among men in HCM City fell to 44.5 per cent in 2020 from 46.7 per cent in 2017, and dropped by 7.5 per cent in the Central Highlands province of Lâm Đồng and by 7.4 per cent in the northern province of Phú Thọ. … [Read more...] about Smoking rate among men falls in 2020
Quang Binh successfully calls for VND92trn in investment
A total of 28 investors were given investment decisions for their projects on January 17 at the 2021 investment promotion conference. Deputy Prime Minister Trinh Dinh Dung, representatives of various ministries and agencies and 500 firms in Quang Binh attended the conference. The conference aimed to encourage firms to carry out field surveys in Quang Binh to find investment opportunities and boost socio-economic development in the province. It was also a review conference to look back at the achievements and shortcomings of the 2018 investment promotion conference, speed up on-going projects and find opportunities amid Covid-19. Tran Thang, chairman of Quang Binh People's Committee said that since Quang Binh is located on the East-West Economic Corridor, has a good transportation system and rich ecosystem with 123,000ha Phong Nha-Ke Bang National Park, it could be one of the top destinations for extreme sports tourism and exploration tours in Asia. For the 2021-2023 period, Quang … [Read more...] about Quang Binh successfully calls for VND92trn in investment
Tax collection bonus up for debate
Deputy Prime Minister Vu Van Ninh, speaking to the Vietnam News Agency last month, stressed the jump was partly due to increasing recurrent spending, mostly for running government offices, state employees and other related expenses, which amounted to almost 70 percent of all spending. … [Read more...] about Tax collection bonus up for debate