Developing real estate leads

    Overlaps in legal documents are a hindrance to the development of construction projects. Photo cafeland.vn HÀ NỘI – Overlapping legal documents are a major obstacle in need of removal to help construction and the development of housing projects. Đỗ Viết Chiến, general secretary of the Việt Nam Real Estate Association, said enterprises face inconsistencies in regulations on investment procedures and approval of development projects between the Investment Law and Housing Law. Therefore, it is necessary to unify procedures on approval of investment in housing and new urban development projects under the law on housing and new urban areas with procedures on granting investment registration certificates. “The Construction Law is being revised according to three policy groups: reform and simplification of administrative procedures; simplification and abolishment of business conditions; and review of the legal system and … [Read more...] about Overlaps in legal system create difficulties for property businesses

  An old building on Nguyễn Huệ pedestrians-only street in HCM City. The building has in recent years become famous with many young people coming here after its apartments became shops. VNS Photo Thu Ngan HCM CITY — Going to old buildings to shop and have coffee and food has become popular with young people in major cities looking to find somewhere chic and attractive to relax. A visit to an old apartment building means they can enjoy a whole day shopping, chatting at a beverage shop or getting their nails done. Thu Trang, a young girl, says she loves going to such buildings.  “In one building I can enjoy everything. Furthermore, coming here will help me explore the typical old HCM City.” In HCM City and Hà Nội many old apartment and office buildings are becoming more attractive than ever because they are used as shops. More and more small businesses are flocking to these places to open shops. In addition to low costs, these places … [Read more...] about Old is gold: once-shunned decrepit buildings find new commercial uses in Viet Nam’s cities

Viet Nam News HÀ NỘI — Vingroup’s VinSmart Company on Wednesday announced its Vsmart smartphones would be distributed in Spain by Media Markt. The Vsmart smartphone is the first Vingroup product introduced in Europe, showing the group’s ambition to bring Vietnamese technology to the international market. “Spain is an extremely important market for Vsmart, the first foreign market Vsmart set foot on, through a combination with BQ - Spain’s leading technology company that Vsmart currently owns 51 per cent of the shares. Spain will also be Vsmart’s gateway to conquer European market,” said Nguyễn Thị Bích Phương, Deputy General Director of Maketing, Vsmart Company at the launching ceremony in Spain. Vsmart products will be distributed through nearly 90 stores of Media Markt, a leading consumer electronics retailer with more than 35 years of experience and a presence in 13 countries. The four models of … [Read more...] about Vsmart smart phones distributed in Spain

An old building on Nguyen Hue pedestrians-only street in HCM City (Photo: VNA) HCM City (VNS/VNA) - In Ho Chi Minh City and Hanoi many old apartment and office buildings are becoming more attractive than ever because they are used as shops. More and more small businesses are flocking to these places to open shops. In addition to low costs, these places also help them be unique to attract young customers. The focus on such old buildings is not new. Long-standing apartment buildings and mansions on main streets like Ton That Thiep and Nguyen Hue in HCM City have been enjoying steady traffic for many years thanks to charming coffee stores, cool bars and hip clothing brands. Hanoi, on the other hand, has always been famous for its old quarter, where the past and present meet to bring about great business. What used to be shops of artisans and traders is now home to concept stores, hostels and restaurants, bustling with tourists and youngsters. In its latest report, Jones Lang Lasalle … [Read more...] about Decrepit buildings find new commercial use in cities

Hanoi (VNS/VNA) - Vietnam is expected to attract more investors as its economy is developing at a stable rate, with GDP growth of 7 percent. The country’s competitiveness has increased by 10 places in the 2019 Global Competitiveness Index , which was announced this week. The information was released by VinaCapital Co-Founder and CEO Don Lam at the two-day 2019 VinaCapital Investor Conference held in Hanoi earlier this week. He said after four consecutive years of holding its investor conference in Ho Chi Minh City, this year Vinacapital chose Hanoi because the capital city was becoming a leading destination for foreign direct investment in Vietnam. “Most investors come from the Republic of Korea and Japan, showing that the wave of Asian capital flow is interested in the Vietnamese market,” Lam said. VinaCapital, a leading investment management firm, plans to launch the VinaCapital100 ETF (exchange-traded fund) by the end of this year, with initial … [Read more...] about Vietnam’s outlook positive for investment attraction