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He also warned that buyers should think twice about a new development model known as a “farmstay”, which has appeared in satellite provinces in recent years. “Land for farmstays is all agriculture land, which can be used only for farming. If buyers invest in this model, their capital investment would be kept for long time and they would face difficulties when investments cannot be recycled,” Nam added. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24

Vietnam to have 26 airports by 2030: CAAV Vietnam is set to be home to 26 airports by 2030, 14 of which will be international, according to a draft master plan on the development of the national airport network to 2030 and vision to 2050 from the Civil Aviation Administration of Vietnam. … [Read more...] about Ninh Binh proposes construction of local airport within 10 years

VN-Index declined in the first two sessions of last week, there were times when the index hit its lowest level at 1,098 points, down more than 100 points from the peak of 1,200. Then the bottom catching demand appeared to help VN-Index recover in the remaining three sessions. Meanwhile, the HNX-Index increased strongly by 14.65 points to 240.12 points. … [Read more...] about Experts warn of correction in trading this week

Looking back at Việt Nam’s external affairs over the past 35 yearsPersonnel procedures for upcoming Party congress 'transparent, democratic, objective': Party officialSingaporean scholar impressed by Việt Nam’s successes13th National Party Congress – new milestone in Việt Nam’s development processViệt Nam’s foreign policy greatly enhances the country’s position: expert … [Read more...] about Việt Nam posts remarkable economic achievements in 2016-20 period

The country’s labour productivity in the 2016-20 period increased by 5.8 per cent, exceeding the set target, while the consumer price index decreased from 18.6 per cent in 2011 to below 4 per cent in the 2016-20 period. Its import and export increased 1.7 times, with a trade surplus posted for five consecutive years. E-commerce became an important distribution channel of the economy with an increase of 25 per cent. The country also saw its tourism sector grow nearly 30 per cent per year on average, reaching 18 million international visitors in 2019, an increase of more than 10 million compared to 2015. … [Read more...] about Viet Nam posts remarkable economic achievements in 2016-20 period