Business news headlines

Hi-tech parks, processing zones and industrial zones, and start-ups in the city are running quite well. The city recently built an urban innovation area in its eastern part to create a driving force for the city amid the fourth industrial revolution, and its model linking banks and businesses via State management agencies in wards and districts is performing well.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 12

In the first five months of 2020, the HCM City Department of Planning and Investment completed procedures to dissolve 2,015 businesses, an increase of 16.4 percent over the same period last year.  In the first five months of 2020, the HCM City Department of Planning and Investment completed procedures to dissolve 2,015 businesses, an increase of 16.4 percent over the same period last year. … [Read more...] about Businesses in distress, unemployment rate on the rise

Ninh Binh (VNA) – Prime Minister Nguyen Xuan Phuc had a working session with authorities from the northern province of Ninh Binh on July 12 to check the implementation of socio-economic development in 2020, including the disbursement of public investment. Chairman of the provincial People’s Committee Dinh Van Dien reported that Ninh Binh has so far disbursed 72 percent of the total allocated capital of over 3 trillion VND (129.4 million USD).  The locality has been focusing on completing relevant procedures and land clearance, which are the two key links in disbursement work, he said, adding that a lesson Ninh Binh has drawn from reality is to increase the number of meetings of the provincial People’s Council to timely address issues related to procedures, thus ensuring the progress of capital disbursement for basic construction. PM Phuc spoke highly of this experience, noting that the People’s Councils of many localities only meet once in six months, … [Read more...] about PM checks disbursement of public investment in Ninh Binh

* Brian Spence is managing partner of S&P Investments. He has over 35 years of experience in the UK financial services industry as an investment manager, financial planner and M&A specialist. He is a regular contributor to the UK financial press and has a deep understanding of the financial services community. Brian’s column will reflect on all the challenges and opportunities within the Vietnamese market, bringing a fresh perspective to today’s hottest issues. The columnist’s email address is [email protected] … [Read more...] about Big thinking on Việt Nam’s bilingual schools

The real estate market has not recovered well after COVID-19, but property firms are now in a position to buy land plots at reasonable prices. Nam Long’s president Nguyen Xuan Quang said at the meeting with investors in mid-June that the firm is gathering strength to enlarge the land fund, targeting large land plots in satellite localities in HCM City and Hanoi. … [Read more...] about Real estate firms spend trillions of VND to buy land plots