With the financial year drawing to a close, banks are busy selling mortgaged properties to resolve bad debts, recovering capital.
Remittances to HCM City from overseas in the first 11 months of 2019 exceed US$4 billion, and are expected to top $5 billion for the year, according to the State Bank of Việt Nam.
HCM City, the country’s commercial hub, has the potential to become a fintech hotspot of the country and region, according to experts.
Demand for investment capital at the Việt Nam Oil and Gas Group (PVN) and its member units for 2018-2020 was estimated to reach VNĐ620 trillion (US$26.7 billion), PetroVietnam Securities Inc (PSI) recently announced.
The 2019 Vietnam International Machinery Fair and 2019 Vietnam Supporting Industry Fair will be held in HCM City from December 11 to 14.
The Galleria Residence developed by SonKim Land has won the ‘Apartment/ Condominium Asia Pacific’ and ‘Best International Apartment/ Condominium’ awards at the 2019 International Property Awards in the UK.
Bilateral trade between Việt Nam and African economies has made significant growth in the past decade, however, there is still room for improvement.
More than 2,000 customers visited the new store of UNIQLO, the Japanese global apparel retailer, on its opening day yesterday (Nov 6) in downtown HCM City.
Thành Thành Công Investment JSC has registered to buy more than 16 million shares of Sài Gòn Thương Tín Real Estate JSC (SCR), equivalent to 4.7 per cent of the company’s outstanding shares.
Thaco expects to spend VNĐ73 billion (US$3.2 million) for the acquisition.
Condotels are often sold to investors and then leased back to the developer or an operating firm to manage rentals to holidaymakers.
The Việt Nam eCommerce and Digital Economy Agency kicked off the Online Friday 2019 and e-commerce and digital technology experience week in Hà Nội on Thursday evening.
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