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
Ministry of economic development
More efforts needed to realise VN’s huge cloud computing potential: analysts
Dr Su Ngoc Khuong, director of Savills Viet Nam, said while 2020 was a year of challenges due to the pandemic the property market not only proved resilient but even achieved high growth in some segments like industrial property. … [Read more...] about More efforts needed to realise VN’s huge cloud computing potential: analysts
Important milestone enhancing Vietnam’s prestige
In terms of regional and global cooperation, Vietnam and Australia have coordinated well at regional and global forums such as ASEAN, East Asia Summit (EAS), APEC, and the UN. The two sides have reached an agreement by which Vietnam will support Australia to run for a place in the UN Human Rights Council for the 2018-2020 term and Australia will support Vietnam to run for a slot in the UN Security Council for the 2020-2021 term and the Universal Postal Union (UPU) in the 2017-2021 term. … [Read more...] about Important milestone enhancing Vietnam’s prestige
Experts urge caution on M&A exploiting low share prices
The Politburo’s Conclusion 77-KL/TW on orientations to handle the impact of the Covid-19 pandemic to support economic recovery and national development also reiterates the potential threat of M&A deals under the current circumstances. Accordingly, the Politburo has requested support for domestic businesses, including state-owned enterprises, private firms and FDI companies, to avoid being acquired by foreign investors. Thanh Thanh … [Read more...] about Experts urge caution on M&A exploiting low share prices
Ninh Binh proposes construction of local airport within 10 years
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
