Foreign investors ready for M&A in real estate

Real estate mergers and acquisitions (M&A) are expected to be a good source of funds in 2022, as these activities are likely to increase in terms of frequency and value this year.

Experience is more important than GPA, says engineer with ‘big tech’ firms

Le Van Hong Chan, who was an excellent student at Le Hong Phong High School for the Gifted in HCMC, is a software engineer who has worked for big technology firms such as Microsoft, Google, Asana, Facebook and Snap.

Vietnamese SMEs to increase online exports

Many small and medium-sized enterprises (SMEs) plan to increase cross-border trade for their products via e-commerce platforms to promote exports in the context of the COVID-19 pandemic.

Five artists to sing official song of SEA Games 31

Singers of Ho Ngoc Ha, Tung Duong, Van Mai Huong, Isaac and rapper Den Vau will sing the official song of the upcoming 31st Southeast Asian Games (SEA Games 31), announced the organization board.

Deputy CEO replaces Trinh Van Quyet to run FLC Group

After the Ministry of Public Security issued a decision to prosecute Mr. Trinh Van Quyet, Chairman of FLC Group yesterday, Quyet authorized Deputy General Director Vu Dang Hai Yen to replace his position in the group.

Cyclist Nguyen Thi That wins Asian Road Cycling Championships

Local cyclist Nguyen Thi That won a gold medal on March 29 in the women elite’s category during the Asian Road Cycling Championships 2022 held in Tajikistan.

Draft amendment to cinema law receives controversial comments

The first meeting of full-time deputies of the 15th National Assembly (NA) wrapped up on Tuesday after a discussion on a draft amendment to the Law on Cinema and Law on Insurance Business.

Experts warn about participation of real estate companies in banks

Experts have raised concerns about the involvement of real estate companies in commercial banks, warning it may pose risks to the financial system and the whole economy.

High housing prices deprive young people of home ownership

Affordable housing in HCM City has all but disappeared.

Gov't right to prioritize vaccination before full reopening

Nitin Kapoor, the chairman of AstraZeneca Vietnam, talks about the country's successful vaccination program, tourism resumption, and why a fourth COVID-19 vaccine dose is needed.

Policies take effect in April

New policies on environmental tax, application of e-invoice, and customs fees and charges will come into effect in this April.

Pandemic escalates, drug manufacturers and distributors pocket fat profits

Investors have poured trillions of dong into drugstore chains to enter the billion-dollar market.

Many Thai tour operators eye Vietnam market

Twenty Thai tour operators will come to Vietnam in early April to survey tour programs and bring Thai visitors to the country after two years of suspension induced by the Covid pandemic.

Solar power: state agencies loosens management, businesses commit violations

The Ministry of Industry and Trade (MOIT) has come to several conclusions after its review of issues related to rooftop solar power development.

Vietnam to build national database on income, property

Deputy Prime Minister Le Minh Khai yesterday signed Decision No.390/QD-TTg to approve the project ‘Building a National Database on Income and Property’.

Government to borrow no more than VND673 trillion in 2022

The Ministry of Finance (MOF) has submitted a statement to the Prime Minister about the public debt management program for 2022-2024, and the plan to borrow and pay public debts in 2022.

FLC Chairman Trinh Van Quyet arrested for stock market manipulation

The Ministry of Public Security's Investigation Police Agency on March 29 decided to launch criminal proceedings against and arrest Trinh Van Quyet, Chairman of the FLC Group, pending investigations into suspicion of stock market manipulation.

Some Hanoi beerhouses shut down, but others are still optimistic

Though many beerhouse owners have had to shut down their shops and others have been struggling to survive the pandemic, Hanoians still believe that bia hoi, or draught beer, a ‘specialty’ of Hanoi, will never disappear.

VIETNAM NEWS HEADLINES MARCH 29

Australia to receive agricultural workers from Vietnam

Road accident leaves HCMC’s permanent vice chairman dead

The permanent vice chairman of HCM City, Le Hoa Binh, died in a car accident that happened early this morning on an expressway linking HCMC and the Mekong Delta, according to Tuoi Tre newspaper.

Police yet to confirm FLC Director’s detainment, travel ban

There is no official info on a travel ban imposed on the Chairman of the Board of Directors of FLC Group JSC as of March 28, said the Office of Investigating Police Agency under Vietnam’s Ministry of Public Security.

 

Health ministry asks localities to start inoculation for children aged 5-11 right when COVID vaccines arrive

The health ministry has asked localities to prepare to carry out the inoculation of children aged 5-11 years old against COVID-19 as soon as the vaccines are distributed, likely to be in early April.

VIETNAM BUSINESS NEWS MARCH 29

Fitch rates Vietnam at “BB”, with positive outlook

 

Vietnam’s GDP up 5.03 percent in first quarter

Vietnam’s Gross Domestic Product (GDP) in the first quarter of this year was estimated to increase 5.03 percent year-on-year, higher than the 4.72 percent growth rate in the same period last year, according to the General Statistics Office.

New criteria developed for selection of FDI projects

Experts said that Vietnam’s policy to lure foreign investment in the past 30 years has not been as successful as expected because it has been too easy and not binding.