Foreign investment

FDI in Vietnam expected to surge after the epidemic  As a major foreign investment hub, China is hit hard by the new strain of coronavirus, now known as Covid-19, but this also provides an opportunity for other countries to accelerate efforts to attract new foreign investment.   … [Read more...] about Foreign investors still eye Vietnam amid coronavirus outbreak

To realise those targets, it is necessary to speed up oil and gas exploration activities to increase reserves and production. The Politburo has called for the development of a new coal strategy to make effective investment overseas, import coal in the long term as well as exploit the coal potential in the Red River Delta. VNS … [Read more...] about Việt Nam encourages private investment in energy: Politburo

Hanoi (VNA) – The quality of Vietnam’s economic growth in 2011-2017 has improved in many aspects with high expansion of gross domestic product (GDP) and increasing labour productivity and incremental capital output ratio (ICOR). Minister of Planning and Investment Nguyen Chi Dung affirmed the positive outcomes at the May 25 debate during the fifth session of the 14th National Assembly in Hanoi. He said the business environment and the national competitiveness have also seen a lot of progress in recent time. The average per capita income reached 2,385 USD, approximately doubling that of 2010. The human development index of Vietnam has also significantly increased, he added. Responding to deputies’ concern over problems related to foreign investment such as environment pollution, transfer pricing, trade frauds or slow technology transfer, Minister Dung stressed that the FDI sector is an indispensible part of Vietnam’s economy, especially in the light of … [Read more...] about Vietnam’s economic growth quality improves: Minister

He further added that unlike apartment complexes, which have management boards comprised of unit owners, there is no such mechanism under the land or tourism law that can be applied to construction works, considering that the condotels and villas are assets constructed and attached to leased land. “How this will affect the rights of unit owners and developers remains to be seen. Similarly, the effect on the marketing and sale of such units remains vague,” he added. … [Read more...] about Brighter condotel future set for both investors and buyers