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The situation is now different

Monetary policies made amid global uncertainties should be flexibly adopted, and their effectiveness greatly depends on the trust of people, enterprises and investors.

Policy space for forex control

Though the monetary regulator has taken intervention measures, the pressure on the forex market remains high.

Is it time for REITs?

Real Estate Investment Trusts (REIT) were established in Vietnam’s assets legal system in 2012.

Long-term outlook stable for foreign investment capital

Consecutive hikes in interest rates by the US Federal Reserve are forecast to see investors withdraw from emerging markets, which may impact the country’s capital attraction for the year

Study required to bulk up e-transaction rules

Vietnam’s existing Law on E-transactions has many shortcomings, and several crucial points need to be added for it to contribute to the accelerating digital transformation, experts have said.

Energy shortage risks met head-on

The draft development strategy for the coal industry by the MoIT from August shows that demand for coal continues to increase.

VIETNAM BUSINESS NEWS NOVEMBER 13

Resort real estate continues post-COVID recovery

Vietnamese businessmen drop out of Forbes billionaire list

Two Vietnamese businessmen have been no longer Forbes billionaires after their stocks continued sharply falling on the Ho Chi Minh Stock Exchange.

VIETNAM NEWS HEADLINES NOVEMBER 13

Vietnam treasures Strategic Partnership with Germany: Party chief

Language tests postponement both a nuisance and opportunity

The postponement of the popular English exam IELTS came as a surprise for many learners across the country. While the change affects schedules, some also see this as an opportunity for better preparation.

Old, dilapidated university dormitories in Hanoi are in dire need of renovation

The Ministry of Education and Training is developing standards for higher education institutions, including that dormitories and facilities must comply with regulations and provide accommodation for at least 25 per cent of the total students.

Hanoi's motorists queue at midnight to fill up

A recent fuel shortage in the capital has seen a number of gas stations close, with traders having problems securing petrol and complaining of heavy financial losses this year.

PM Pham Minh Chinh meets with US President Joe Biden in Phnom Penh

Vietnamese Prime Minister Pham Minh Chinh met with US President Joe Biden on November 12 within the framework of the 40th and 41st ASEAN Summits and Related Summits in Phnom Penh, Cambodia.

56% of workers get pay rise in 2022

Of 60,000 workers from 500 enterprises surveyed, 56 percent said they will get a pay rise in 2022.

Cu Vai, unspoiled land between clouds and mountains

The village, which is about 250km from the centre of Hanoi, is located at an altitude of 1,000m above sea level on the top of a distant mountain, covered with clouds all year round.

Billionaires attract US$1.25 billion in foreign capital

Billionaire Pham Nhat Vuong’s Vingroup and Nguyen Dang Quang’s Massan Group are seeking new capital sources as the domestic corporate bond market is now under tighter control.

VIETNAM BUSINESS NEWS NOVEMBER 12

VSUN to build US$200-million solar panel plant in northern Vietnam

Construction ministry studies real estate tax policies

The Ministry of Construction (MoC) will study suitable tax policies in the real estate market to encourage the effective use of houses and land, limit speculation, and ensure State budget revenue.

VIETNAM NEWS HEADLINES NOVEMBER 12

British Council resumes Aptis tests in Vietnam

Boxer Tam wins second Asian title

Giant-killer Nguyen Thi Tam won her second continental title after winning at the ASBC Asian Elite Boxing Championships on November 11 in Amman, Jordan.