To minimize the access of aliens to land lot rights and ease the control of State agencies over these rights, the new regulations will match those of the Investment Law, the Law on Housing and the Law on Marriage and Family, which many foreigners have taken advantage of, hiding behind their Vietnamese spouses to occupy land lots. … [Read more...] about No foreign individuals own land in Vietnam: Minister
Stake land online
Sendo’s strategy is rural-centric while Tiki targets the urban area. The combination is expected to help the two sides focus on the market more comprehensively, according to local insiders. The merger could also help them to raise more funds in the future. … [Read more...] about Will Vietnamese e-commerce platforms Tiki and Sendo soon merge?
An auction fix The MoIT is studying and proposing to apply a bidding mechanism for developing renewable energy sources to replace the FiT mechanism in the future. With the support of the World Bank, the government is designing a programme based on the present strategy developed through consultations with various ministries and the private sector. This is considered to be more beneficial for the development of Vietnam’s renewable energy market when technology costs fall sharply, and renewable energy can compete with traditional sources including coal and gas. … [Read more...] about FiT revamp vulnerable to speculation
While putting up efforts to attract new foreign-invested projects, Nguyen Thu Trang, director of the WTO Center and Integration under the Vietnam Chamber of Commerce and Industry (VCCI), said Vietnam should pay attention to the quality of the FDI and the risks of local enterprises being acquired at cheap prices. … [Read more...] about Vietnam needs more efforts to lure new FDI wave
As of May 25, Laos reported only 19 COVID-19 cases, with 14 given the all-clear. However, ADB said that the country is highly vulnerable, as the outbreak in the region forces many migrant workers to return from heavily affected neighboring countries. The health system, with limited medical personnel, supplies, and equipment, could be overwhelmed by the rapid spread of the virus./. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 27