Mortgage

Because of this they prefer not to buy a whole hospitality property but partyly invest into it so M&A deals in the hotels and resorts are likely to increase sharply in the near future. — VNS … [Read more...] about Hotel owners sell out to stave off bankruptcy

HCM City inspectors have found many violations at Park Vista in construction licensing. The developer mortgaged 23,000 square meters of land at banks for loans, though it did not get the land use right certificate. It was found not declaring revenue and taxes from the sale of apartments. … [Read more...] about Many real estate firms owe tax as projects die

Before I joined Siam Commercial Bank as an executive I was a consultant. This career shift forced me to develop a lot of new skills and so I really enjoyed my time at SCB. But what I enjoy the most is constantly changing and building things, helping organisations transform, and shifting into higher gears. I led a lot of transformation efforts at SCB and then became the CFO in 2019 when a lot of the foundational elements had been put in place. Hence, when the offer came from Techcombank to go to Việt Nam and help one of the best institutions in the country to become even greater in its pursuit for customer excellence, this was an outstanding opportunity I couldn’t miss. … [Read more...] about Techcombank forerunner in digital transformation in Việt Nam’s finance industry: CEO

Speaking at the conference, farmer Tran Thi Yen in Phu Yen Province said sugarcane no longer generated great economic profits. She said farmers could not earn profits, or even lose capital, having to reduce their sugarcane growing area. Many sugarcane growers had to leave their land to work as hired labourers. … [Read more...] about Local sugar industry calls for fair competition

Tran Ngoc Hieu, general director of Soc Trang Sugar Company suggested the Government and ministries drastically implement the fight against smuggling, counterfeiting and anti-trade fraud. The Ministry of Industry and Trade (MoIT) needs to investigate and soon apply anti-dumping measures to sugar products from other countries, especially from Thailand to create a fair competition, thus facilitating business buying sugarcane prices at higher prices. … [Read more...] about VN sugar industry calls for fair competition