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Trump’s decision expected to hurt Vietnamese billionaires

The changes in policies being pursued by US President Donald Trump will have an impact on the pockets of Vietnamese billionaires.

Office-for-lease market ready to take off

 2017 has witnessed the rise of the office-for-lease segment in Hanoi and Ho Chi Minh City. It is believed that 2018 will act as a leverage for a boom in this segment in the following years.

Prestigious HDBank tournament provides big bonus to chess masters

 The annual HDBank International Open Chess Tournament features a record number of participants and bonus awards in its eighth edition which will run in Hanoi from March 10-15.

Vietnamese trade minister meets with Japanese, Chilean officials

 Vietnamese Minister of Industry and Trade Tran Tuan Anh had bilateral meetings with ministers of Japan and Chile on the sidelines of the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in Chile on March 9.

Bright horizons for resort property development

 Vietnam’s tourism industry has entered a period of vigorous growth along with the growing demands for hotels and accommodation, giving fresh impetus to the development of resort property.

Where it’s needed

 Vietnam has constantly struggled to attract FDI to its agriculture sector despite being an agricultural country.

Infrastructure bolsters realty market performance

 A raft of transport infrastructure projects in Ho Chi Minh City are witnessing accelerated construction to be finished in 2018. 

Huong Giang’s chameleon style at Miss Int’l Queen 2018

Vietnamese representative Huong Giang brought a plethora of outfits from Ao dai and evening gowns to cocktail dresses so that she makes the best impression at the transgender pageant Miss International Queen 2018 in Thailand.

Designer Cong Tri to open Vietnam Int’l Fashion Week 2018

 Local designer Nguyen Cong Tri has been busy preparing his latest collections for the Vietnam International Fashion Week 2018 (VIFW) scheduled for April 19-22 in HCM City.

BUSINESS IN BRIEF 9/3

Da Nang looks to 2050 development, VinFast announces designs for electric and internal combustion engine vehicles, Quang Ninh marks customs clearance via floating bridge linking with China

All-inclusive resorts: Next stage of tourism development

 A higher degree of professionalism and the integrated resort business model are expected to make a difference and increase revenue for the Vietnamese tourism sector.

Central Group plans $1.5-billion expansion in Thailand and Vietnam

 The expansion plans in Thailand and Vietnam will raise the revenue of Central Group, Big C’s parent company, by 14 per cent this year.

Property market fuelled by overseas Vietnamese

 A welcoming climate of safety, security, and better pre- and post-sale services is attracting overseas Vietnamese back to their motherland for property purchases.

Mountain-view real estate shows bright prospects

 After projects started landing en masse at beachfront locations, many real estate developers are shifting their attention to mountain sites to build new-style resort properties. Mountain property investment, however, is not an easy game.

Park built in memory of My Lai massacre in Quang Ngai

 The central province of Quang Ngai on Tuesday announced construction of a commemorative park to remember the hundreds of civilians in Son My Village who were killed in an American War massacre 50 years ago.

HCM City parking lot turned into park

 After being closed during HCM City’s pavement cleanup campaign, a parking lot behind Opera House in District 1 has been turned into a park.

U$3.2bn oil refinery project license revoked

 A foreign-owned USD3.2-billion oil refinery project in the central coastal province of Phu Yen has had its investment license revoked due to slow implementation.

Fishermen abandon boats as estuary silts up

 Hundreds of fishing boats in Thanh Hoa Province have been left unused at Lach Bang Port.

European firms upbeat about Vietnam’s business environment

 Up to 70% of European companies in Vietnam are upbeat about the country’s business environment, so they have decided to invest more in the coming years.

Ministry supports car-sharing service

 The Ministry of Justice has opposed to a new regulation by the Ministry of Transport which bans taxi firms from offering car-sharing services.