May 31, 2024

Roadblocks related to credit accessibility, legal procedures, and demand-supply factor must be removed to bolster the recovery of the real estate market, experts said at a forum held in Ho Chi Minh City on May 29. According to the Ho Chi Minh City Real Estate Association (HOREA), as legal procedure bottlenecks account for 70% of […]

May 31, 2024

Vietnam’s industrial production has shown signs of recovery and positive growth despite ongoing challenges, the Ministry of Industry and Trade has assessed. With increasing global demand and the government’s support measures, the business outlook for companies in the field is expected to improve significantly in the coming months. Reports from the ministry indicated that between […]

May 31, 2024

Vietnam’s trade surplus hit $8.01 billion between January and May, with $156.77 billion in export revenue and $148.76 billion in imports, up 15.2% and 18.2% year-on-year, respectively. Of the total export earning, $43.69 billion came from the domestic sector and $113.08 billion from the foreign-invested one, rising 20.5% and 13.3% against the same time last […]

May 31, 2024

Vietnam recorded a trade surplus of US$8.08 billion, up 63.9% year-on-year, in the first quarter of 2024, reported the General Statistics Office (GSO) on Friday. In the period, total export-import turnover hit $178.04 billion, up 15.5% from the same period last year. Exports performed particularly well, with an estimated value of $93.06 billion, reflecting a 17% […]

May 31, 2024

The index of industrial production (IIP), foreign direct investment (FDI) and export-import were among the bright spots of the national economy in the first five months of this year, experts have said. Such bright spots came from both the domestic and FDI sectors, signalling that exports will drive the economy in the year. According to […]

May 31, 2024

Minister of Foreign Affairs Bui Thanh Son received Anna Krystyna Radwan-Röhrenschef, Undersecretary of State at the Polish Ministry of Foreign Affairs, in Hanoi on May 29. Minister of Foreign Affairs Bui Thanh Son received Anna Krystyna Radwan-Röhrenschef, Undersecretary of State at the Polish Ministry of Foreign Affairs, in Hanoi on May 29. The Polish official […]

April 22, 2024

Vietnam has had its share of billionaire celebrity visits in recent years but Apple CEO Tim Cook’s recent visit was probably one of the most meaningful in the light of recent global news coverage relating to Vietnam. Apple began operating in Vietnam over a decade ago and is supporting over 200,000 jobs across the country […]

April 3, 2024

Amid a gloomy real estate market, experts have pointed out that the affordable housing segment is the key to mobilising capital. Le Xuan Nghia, an economist, suggests that focusing on developing affordable housing projects instead of social housing or worker housing under stringent conditions would help stimulate real estate capital flow. “If the attention remains […]

April 3, 2024

The Real Estate Business Law in Vietnam introduces significant amendments compared to its predecessor, with a particular emphasis on the rights and responsibilities of foreign investors. Vlad Savin, partner at Acclime Vietnam, explains the changes. In a significant departure from the previous legislation, the 2023 Real Estate Business Law in Vietnam has revised the treatment […]