"Grade A sales has been decreasing consecutively since 2017 and was the worst-hit segment by the pandemic in 2020," said Hang. Of this, a lot of high-end apartment projects of giant developers like Tan Hoang Minh Group, Sunshine Group, Sun Group, and Hateco Group, located in Ba Dinh, Tay Ho, and other districts, which launched in 2020 and earlier, could not sell out during the difficult year. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
Recent reforms in banking sector
Việt Nam posts remarkable economic achievements in 2016-20 period
Looking back at Việt Nam’s external affairs over the past 35 yearsPersonnel procedures for upcoming Party congress 'transparent, democratic, objective': Party officialSingaporean scholar impressed by Việt Nam’s successes13th National Party Congress – new milestone in Việt Nam’s development processViệt Nam’s foreign policy greatly enhances the country’s position: expert … [Read more...] about Việt Nam posts remarkable economic achievements in 2016-20 period
Indian, VN agree need for enhancing investment, trade ties
Don Lam, deputy chairman of the Committee IV under the Prime Minister’s Advisory Council for Administrative Procedure Reform and co-founder and CEO of VinaCapital, said, “Vietnamese and Indian companies can leverage their respective strengths and learn from the other in areas such as IT, pharmaceuticals, textiles, renewable energy, and agricultural processing. … [Read more...] about Indian, VN agree need for enhancing investment, trade ties
VIMC strives to become regional brand name
However, the corporation implemented drastic and comprehensive restructuring measures. Those included increasing debt purchase of banks according to market principles, switching debts to contributed capital, paying debts by investments that VIMC is in need of divestment, thoroughly handling bad debts and ineffective assets, saving costs, accepting some businesses to file for bankruptcy, focusing on market development and improving efficiency of trade activities. Thanks to greater efforts, VIMC has made profits totaling more than VND1 trillion from seaport services per year since it was equitized, helping it overcome numerous difficulties in maritime transportation. Seaports have become ‘gold mines’ for partners and investors who want to own VIMC’s stocks by investing in the parent company. … [Read more...] about VIMC strives to become regional brand name
Saigon’s prettiest canal defaced by huge refuse volume
According to Phan Hoc Hai, in charge of the sanitary worker team under the Ho Chi Minh City Urban Environment Co. Ltd., his team scoops up between seven and 13 metric tons of garbage released into the canal on a daily basis. … [Read more...] about Saigon’s prettiest canal defaced by huge refuse volume
