Vietnam real estate news

Deputy Minister of Planning and Investment Vu Dai Thang said Vietnam now has many elements making it attractive to M&A deals as economic factors including its economic growth, foreign direct investment (FDI) and the number of new businesses are now all "stable and positive." … [Read more...] about Consumers goods, retail, real estate continue to lead M&A market

The fears of the Wuhan coronavirus, which is now called Covid-19, have clouded prospects for the global economy. The virus will cause many economic and human losses, prompting credit institutions and credit rating agencies to lower their prospects for economic growth in Asia, China and Vietnam, Khanh said. … [Read more...] about Real estate firms drag VN-Index down

The Hanoi Taxation Department office. Vietnam may face a potential loss of VND42.3 billion to the State budget revenue due to the impact of the coronavirus epidemic – PHOTO: VNA HCMC – The State budget may face a shortfall of some VND42.3 trillion (US$1.8 billion) this year due to the ongoing spread of the novel coronavirus, or Covid-19, according to the Ministry of Planning and Investment. … [Read more...] about Coronavirus may lower Vietnam’s State budget by VND42.3 trillion: ministry

Vietnam has been lauded by the World Health Organization (WHO) to have responded well to the Covid-19 epidemic from the very outset, preventing its spread, in a statement Saturday. While the U.N. health agency said it highly evaluated Vietnam’s ability to address urgent public health issues, it also urged Vietnam to stay on high alert and be ready to respond should more infection cases be detected. … [Read more...] about Central Vietnam province to be declared novel coronavirus free

Hanoi (VNA) – The national flag carrier Vietnam Airlines began to use wide-bodied aircraft on the route between Hanoi and the southern hub on February 15. The Vietnam Airlines Group (comprising Vietnam Airlines and Jetstar Pacific) are operating nearly 40 flights each day between the country’s two largest cities. With the use of wide-bodied aircraft on the route, which is the busiest among domestic ones, the airline said it wants to provide flexible schedule and the best possible comfort for passengers. Also on February 15, domestic carrier Bamboo Airways raised the number of its flights on the Hanoi-HCM City route to 36 per day as from February 15, compared to 18-20 before February 15. The wide-bodied Boeing 787-9 Dreamliner is used for flights on the route. Bamboo Airways ran its first commercial flight in January 2019. As of the end of last year, it served over three million passengers on nearly 20,000 flights. The airline’s representative said the move … [Read more...] about Vietnam Airlines uses wide-bodied aircraft on Hanoi-Ho Chi Minh City route