Swiss investment fund for emerging markets

Like other developing nations, Vietnamese cities face an imbalance between the supply of available housing and satisfying the actual demand. This is a marked change from 10 years ago, when the median household size in urban Vietnam was between two and three generations. In order to provide for its inhabitants, a growing city is expected to cater to their basic needs, starting with affordable housing. … [Read more...] about Foreign investors ready to invest big in Vietnam housing

Some projects are yet to complete investment procedures and are still in the process of finalising costs or extending loan agreements, especially urban rail projects like the metro line No.1 between Ben Thanh Market in District 1 and Suoi Tien Theme Park in District 9.  … [Read more...] about HCM City to speed up public investment disbursement

"Watching the news, I do feel a little worried. But I haven't taken precautionary measures beyond wearing regular masks," said Li Yang, a 28-year-old account manager who was heading home to the northern region of Inner Mongolia for the Lunar New Year. … [Read more...] about WHO emergency group to meet on spreading China virus

Hanoi (VNA) – The European Parliament Committee on International Trade (INTA) on January 21 approved a resolution asking for the European Parliament (EP)’s ratification of the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA). Approval votes for the two agreements are the highest compared to the voting of several recent FTAs between EU and partners, proving EU parliamentarians and member states’ appreciation for Vietnam’s role and position in the world, as well as the comprehensive cooperative partnership between Vietnam and the EU. According to several studies, the EVFTA and EVIPA are expected to help Vietnam’s gross domestic product (GDP) grow by 4.6 percent and exports to the EU up 42.7 percent by 2025. The European Commission estimated that the EU’s GDP will increase by 29.5 billion USD and exports to Vietnam pick up 29 percent by 2035. Via the deals, Vietnam … [Read more...] about Resolution seeking EP’s ratification of EVFTA, EVIPA approved

The reports to the National Party Congress are not the usual annual reports, but ones that contain analyses of the current situation and assessments for the future, towards 2030 and 2045, as to what the localities or the country will look like. We frequently mention smart cities or green cities but what exactly are the parameters of these concepts? Or the idea that Vietnam will become a developed, industrialised nation or a developed nation or modernised nation by 2030, what are the stipulations for these ideas? Since 2001, we have targeted becoming an industrialised, modernised country in 2020, but have we actually achieved that target? … [Read more...] about Vietnam reaches for prosperity