“This year is also a good time for the city to implement smart tourism,” he noted, adding, “Our tourism database is playing a key role to ensure successful smart travel projects which need to involve many industries and fields in standardizing the data collection system and digitizing travel services.” … [Read more...] about Experts predict positive outlook for Vietnam’s tourism in 2021
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Market turnover continues downward spiral
Investors watch stock information at a securities firm. The benchmark VN-Index of the Hochiminh Stock Exchange improved slightly today, January 22 – PHOTO: VNA HCMC – The benchmark VN-Index of the Hochiminh Stock Exchange improved slightly today, January 22, but market turnover continued to fall amid cautious trading after a sharp stock-market decline on January 19. … [Read more...] about Market turnover continues downward spiral
Five trends identified for real estate market in 2021
Hanoi (VNA) - While 2020 is believed to have changed the real estate industry, trends in the sector this year are forecast to sustain or be aligned with demand in the market. Trang Bui, a senior director at JLL Vietnam, said one of the five main trends in 2021 is “city in the city” and “integrated real estate”, which are popular in large-scale projects. Vietnam’s property market is becoming more mature, with buyers increasingly interested in a healthy and sustainable living environment rather than simply a place to live. To attract buyers, developers are, therefore, building residential areas with a range of facilities to help future residents steer clear of problems caused by rapid urbanisation and outdated public infrastructure. A plus in any large-scale project is the ability to provide different types of housing for many potential groups of buyers, Trang said. The second trend is the result of a shift to working from home, fuelled by the COVID-19 … [Read more...] about Five trends identified for real estate market in 2021
Record number of delegates to attend 13th National Party Congress in Hà Nội
The agenda of the congress focuses on reviewing the implementation of the Resolution of the 12th Party Congress associated with the evaluation of 35 years of implementation of đổi mới (Renewal), the 10-year socio-economic development strategy 2011-2020, and outlines the socio-economic development orientations and tasks for the five-year period 2021-25 and goals and orientations to 2030 and the national development vision to 2045. … [Read more...] about Record number of delegates to attend 13th National Party Congress in Hà Nội
India-Vietnam Investment Forum held in HCM City
HCM City (VNA) - Garment, food processing, pharmaceuticals, information technology (IT), construction materials, and renewable energy are fields of potential where businesses from Vietnam and India can bolster investment in the time to come. This view was shared at the India-Vietnam Investment Forum, held jointly by the Indian Consulate General in Ho Chi Minh City, the Private Economic Development Research Board, the Investment & Trade Promotion Centre of HCM City, and VinaCapital Group on January 22 in HCM City. Don Lam, deputy head of the Private Economic Development Research Board and CEO of VinaCapital, said Vietnam’s private sector continues to expand despite the COVID-19 pandemic. Nearly 135,000 new enterprises with combined capital of 2.2 quadrillion VND (95 billion USD) were set up last year, a 29 percent increase in registered capital compared to 2019. Vietnamese businesses, both large and small, are ready for economic recovery and development, he said, adding … [Read more...] about India-Vietnam Investment Forum held in HCM City