Property developers are beginning to sell apartments in anticipation of the State Bank's credit package of VND30,000 billion (US$1.5 billion) for builders, the Sai Gon Giai Phong ( Liberated Saigon) newspaper reported.
Central coast eyes huge tourist wave
Tourism investors are hoping the central coast will become a new Phuket or Bali, and have continued to build resorts and other tourism destinations in the region despite the recession and property-market slump.
Petrol companies debate changes to stabilisation fund
Petrol wholesalers yesterday gathered to make recommendations on an amended decision on fuel trading drafted by the Ministry of Industry and Trade.
Gold loses its appeal as VN bucks Asia trend
Demand for gold jewellery in Viet Nam is falling sharply, despite significant increases recorded in other Asian countries, according to the latest report of the World Gold Council (WGC).
CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring
CNG Viet Nam planned to divest all of its holdings in PV Gas (GAS) next month, selling 100,000 GAS shares with the aim of restructuring its investment portfolio, the company announced.
Jewellery company profits down due to low gold sales
Phu Nhuan Jewellery Co (PNJ)'s first quarter net profits fell 28.5 per cent year-on-year, reaching just VND66 billion (US$3.1 million).
Software company FPT posts $30m profit in first quarter
Software producer FPT Corp (FPT) reported a net profit of VND622 billion (US$29.6 million) in the first four months of this year.
Thirty-nine projects lose licences
Southern Dong Nai Province proposed to the provincial People's Committee to revoke licences of 39 property projects, worth totally US$2.1 billion, due to the stagnant implementation.
Capital urged to tackle land violations
The Ha Noi People's Committee has ordered handling of land violations and projects under slow implementation to be hastened.
Vincom Village wins property prize
Vincom Village Eco-urban Township has become the first Vietnamese project to be awarded the title "Best Mixed-Use Development – Asia Pacific" at the International Property Awards in Malaysia.
Property inventories on the rise during first quarter
Inventories of apartments nation-wide soared 20 per cent as of March over the figure at the end of last year, reaching more than 33,852 units.

Hightlight

Tax code reforms to decipher dependents Tax code reforms to decipher dependents

People who are dependent on personal income tax payers will be given their own tax codes to avoid people lodging claims as dependents of more than one taxpayer.

Farmer-firm linkups remain elusive despite Gov't efforts Farmer-firm linkups remain elusive despite Gov't efforts

More than 10 years after the Government unveiled policies to encourage tie-ups between farmers and businesses, the proportion of farm produce sold through such contracts remains modest.

Buddha statues highlight heritage Buddha statues highlight heritage

An exhibition of Buddhist artefacts from the 11th to 20th century opened yesterday at the HCM City-based Xa Loi Pagoda.

Australian book to provide ‘limitless' inspiration Australian book to provide ‘limitless' inspiration

A book by Australian limbless victim Nick Vujicic was launched in Vietnamese yesterday.