Long road ahead for Long Thanh Airport funding
French company ADPi, a fully-owned subsidiary of the Aeroports de Paris Group (ADP), has said it did not promise to invest US$2 billion in building a new international airport in Dong Nai Province as claimed by a local official last week.
Lawmakers worried about new airport cost
National Assembly members have voiced concern over the large investment required for building a new international airport in Dong Nai Province near HCM City.
State Bank housing plan may revive market
The State Bank of Viet Nam's stated intention of instituting a new home loan programme has sparked a public debate in recent days.
Better to buy houses in City, rent in Ha Noi: CBRE
House rentals are vastly different in HCM City and Ha Noi. For a similar quality apartment in a comparable location, the rent in HCM City is 10-20 per cent higher than in Ha Noi. This means residential properties in the southern hub can provide better yields than those in Ha Noi for landlords, according to a report released by CBRE.
SOEs struggle to find strategic partners
After a search for suitors that lasted several months the Viet Nam National Textile and Garment Group (Vinatex) finally identified two of them — Vingroup and Vietnam Investment Development Group. But Vinatex's quest for strategic shareholders has not come to a happy conclusion since they are said to be not what the company had expected: both are property companies.
Myanmar Speaker visit set to bolster ties
Economic ties with Myanmar are expected to strengthen following the visit to Viet Nam by the Speaker of the National Assembly, Thura U Shwe Mann, earlier this month.
Tumbling interest rates raise concern
In June 2013 Hoang Thi Kim Hoa deposited VND150 million (US$7,000) in a bank near her house in HCM City. With the interest rate being 6.8 per cent, she got more than VND800,000 each month. But since then the rate has been falling relentlessly, reaching 5.3 per cent last month.
City may slap maintenance fee on motorbikes
Motorbike users in HCM City will have to pay a road maintenance fee from next year if a recent proposal by the Department of Transport is passed by the People's Council at its session in September.
Thai firm snaps up Metro, eyes VN market
Thailand's Beri Juker Public Co. Ltd (BJC) signed a deal earlier this month to buy the Viet Nam operations of Germany wholesaler Metro for US$876 million.
MoF seeks to change gambling rules
Vietnamese aged 21 and above will be allowed to enter casinos – which are now off-limits to them – if a draft decree by the Ministry of Finance is approved.
Decree stipulates network marketing rules
When multi-level marketer Nuskin Viet Nam launched its business in Viet Nam over a year ago Dang Ngoc Thanh of HCM City's Tan Binh District started participating in some of its programmes in the hope of becoming its member.

Highlight

PM's India visit to bolster strategic ties 4    PM's India visit to bolster strategic ties

Prime Minister Nguyen Tan Dung begins an official visit to India today, aiming to consolidate the strategic partnership between both countries and take it to new heights.

Law to ease real estate restrictions 1    Law to ease real estate restrictions

Most National Assembly members yesterday agreed that the amended Housing Law should allow more foreigners to be eligible to buy or own houses in Viet Nam.

National team in training ahead of AFC challenge 1    National team in training ahead of AFC challenge

The Japanese coach of Viet Nam's national football team, Toshyia Miura, says that fitness and tactics will be his priorities in a 10-day training camp in the southern province of Binh Duong.

Bear bile tourism shuts down in Ha Long Bear bile tourism shuts down in Ha Long

Bear bile tourism in the northern province of Quang Ninh's Ha Long City has finally been shut down, according to the non-governmental organisation Education for Nature – Viet Nam (ENV).

Artist restores traditional values through paper Artist restores traditional values through paper

Artist Phan Hai Bang, who created a very special type of paper called truc chi, is now working with his team to bring back what he calls "old values" in a really big way.