A perspective rendering of the project. Photo by Kimson Land An address befitting a business empire Situated in the future international financial hub of Thu Thiem, the Luxury Boutique Office is a new collection of premium office spaces, reserved for leaders of renowned business empires. Operating at all hours of the day to keep up with the world’s biggest business hubs in the world, the project presents a haven for owners to connect with international partners, strategize and carry out important business decisions. The Luxury Boutique Office is geared towards accommodating family offices for the leaders of entrepreneurial empires (30 to 40 years in operation), a headquarters for the management of existing subsidiaries and potential new overseas businesses. With flexibility in conventional office developments, the Luxury Boutique Office also offers the ideal home for law firms, commercial offices, art galleries, auction houses, and more. The lobby at the Luxury … [Read more...] about SonKim Land develops Luxury Boutique Office for business elites
Fly tipping private land law
Safeguards crucial to protect local construction groups
Does the construction industry appear sluggish in comparison to the previous year? Nguyen Quoc Hiep - President of the Vietnam Association of Construction Contractors (VACC) The construction sector is experiencing extraordinary hardship. Last month, a group of 21 southern contractors under the leadership of Hoa Binh Construction submitted an aid request to the prime minister at a time when there were about 40 unemployed businesses in the central region and several businesses in the north going through an order crisis. Notably, many companies in the top 10 construction industries are in a state of financial emergency, unable to pay subcontractors, materials, and labour wages. According to a report by the Ministry of Construction (MoC), the construction industry contracted 3 per cent in the first quarter of 2023 compared to the same period the previous year. However, the VACC survey revealed that businesses only completed 8 per cent of the 2023 plan in the first … [Read more...] about Safeguards crucial to protect local construction groups
Argentina and Vietnam seek to foster social housing
Minister of Construction Nguyen Thanh Nghi and Minister of Argentina's Ministry of Territorial Development and Habitat Santiago Maggiotti In a meeting with Minister of Construction (MoC) Nguyen Thanh Nghi at the end of April, Santiago Maggiotti Minister of Argentina's Ministry of Territorial Development and Habitat, stated his intention to bolster the exchange on SH development, particularly eco-development, smart green urban development in light of environmental issues, and technical infrastructure improvement. Santiago Maggiotti states that the Argentine Ministry of Territorial and Housing Development will examine the form to develop for Vietnamese enterprises. Approximately 2.5 million individuals are currently destitute in Argentina, which has a significant housing shortage. Consequently, housing policy will be a policy of long-term planning. In addition, Argentina has specific legal provisions pertaining to SH, and these laws are constantly being enhanced. Vietnam is … [Read more...] about Argentina and Vietnam seek to foster social housing
Measures suggested to guarantee corporate bond market’s stability
The corporate bond market is a big source of capital for the economy. — Photo vietnamplus.vn Several measures have been suggested at an online seminar held by the Government Portal on Sunday to help the corporate bond market maintain its stability and operate in line with law to aid economic growth. The corporate bond market is a big source of capital for the economy. In the latter half of 2022, a “psychological” shock was recorded in the private placement segment following many violations uncovered by authorities. The Government, the Prime Minister and management agencies have made many important decisions to stabilise the market, ensure its compliance with law, and enhance people’s trust to support the economy. Speaking via videoconference, Assoc. Prof. Dr Vu Minh Khuong, a lecturer at the Singapore-based Lee Kuan Yew School of Public Policy, said to help enterprises avoid committing violations, their leaders should gain a thorough understanding of corporate governance, … [Read more...] about Measures suggested to guarantee corporate bond market’s stability
Hanoi to set example in socio-economic development
Hanoi's key economic drivers such as investment, exports and consumption should be the focus of further promotion. Hanoi should remain an example for other cities/provinces in socio-economic development. Hanoi from above. Photo: Pham Hung/The Hanoi Times The Government Office released the Prime Minister's conclusion on the direction of the capital's development. The conclusion emphasizes Hanoi's crucial role as the national political-administrative center and an important hub for business, culture, education, science, technology, and international integration. Despite the prevailing challenges faced by the entire country, the city has shown great determination and taken decisive action to successfully contain the Covid-19 pandemic, eventually moving from a state of lockdown and social distancing to a safe and flexible adaptation. "This has enabled the recovery of socio-economic development and ensured social security," the announcement said, adding … [Read more...] about Hanoi to set example in socio-economic development