Savill Vietnam's spotlight for the second half of 2020 forecast unit prices to benefit further from infrastructure upgrades. Average asking prices have increased 4 per cent per year over the last five years. At the same time, infrastructure development eases living farther out. When complete, the metro and ring roads will see this trend accelerate. The framework for public-private partnerships was simplified in 2020. Political stability and speedier decision-making will see greater spending on key infrastructure projects. The GSO estimates that for every 1 per cent point increase in public investment, GDP will move up 0.06 per cent points. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
Entertainment news
Music copyright centre collects $6.4 million in royalties
The centre, Việt Nam’s first organisation to protect songwriters and composers from copyright infringement, has attracted nearly 5,000 members nationwide and has signed more than 1,700 contracts with music producers and entertainment companies. … [Read more...] about Music copyright centre collects $6.4 million in royalties
Ambassador to promote Swedish literature in Vietnam
Pettson and Findus, a series of children’s books written and illustrated by author Sven Nordqvist, is one of a number of Swedish literary works released by Huy Hoang Books. — Photo courtesy of the book distributor Mamma Moo is about a talking cow named Mamma Moo and a crow, her best friend. The series is written by Jujja Wieslander and illustrated by Sven Nordqvist. … [Read more...] about Ambassador to promote Swedish literature in Vietnam
Famous traditional market to be suspended due to Covid-19 pandemic
The Vieng market is part of the Phu Day Temple site which worships the Mother Goddess Lieu Hanh. The market is surrounded by the Mother Mausoleum, the King Temple, Long Van Pagoda, Cao Pagoda, Tien Huong Palace, Van Cat Palace and Ong Khong Temple. Built in the 19th century, these sites have been officially recognised as cultural and historical site. … [Read more...] about Famous traditional market to be suspended due to Covid-19 pandemic
Making fortune from Internet not uncommon thing in Vietnam
The tax deputy head mentioned the case of a man in Ho Chi Minh City, who has been required to pay more than VND4.1 billion ($176,000) in personal income tax arrears for ad revenues he collected in two years from online platforms, as an example. … [Read more...] about Making fortune from Internet not uncommon thing in Vietnam