Việt Nam News

Investors have shown interest in the solar energy sector in the central coastal province of Khánh Hòa, with some 10 solar projects applying for investment licences in the province.

Việt Nam is expected to yield only 0.87 tonnes of cashew nuts per ha in 2017, 0.21 tonnes or nearly 20 per cent less than 2016’s output per ha, heard a conference in HCM City on Thursday.

HCM City authorities have taken swift action to quell rumours spread by speculators and brokers that were threatening to cause a real estate bubble in outlying districts.

The Ministry of Home Affairs (MHA) released their conclusive report on the Public Administration Reform Index 2016 (PAR Index 2016), in which the State Bank of Vietnam (SBV) continued to come in first place for the second year in a row. 

The Ministry of Finance on Wednesday held a press conference to provide detailed information about the newly-issued Decree No. 52/2017/NĐ-CP on re-lending of Government’s foreign capital loans to People’s Committees of centrally-run cities and provinces.

Experts from the World Bank have made four key recommendations to resolve Việt Nam’s problem of non-performing loans (NPLs).

Shares ended positive in both local markets on Thursday as investor confidence was bolstered by positive meetings between Việt Nam’s Prime Minister Nguyễn Xuân Phúc and US officials and businesses.

Being the economic hub of the country, HCM City has kept developing and attracting people from other regions as well as countries. This migration is one of the factors that keep its real estate market buzzing. Việt Nam News reporter Thu Ngân speaks with expatriates and real estate executives to find out how they see the market now.

Green buildings are expected to become a new trend in the low- and medium-priced housing segments.

Dozens of franchises are being established in Việt Nam and more new brands are expected to enter the market in the near future, according to experts.

The real estate market is recovering strongly and attracting huge sums of money from banks, foreign investors and overseas Vietnamese.

The real estate market of Việt Nam is anticipated to soon see a boom in property products with “hotel” factor as developers are gearing up to catch the trend of owning second home as an investment asset in the Southest Asian country which has rising middle class and rich tourism potential.

The airline will also give away one million on super-cheap airfares, selling from only  zero dollars, at www.vietjetair.com.

Traders in five markets and two trading centres in HCM City on Wednesday signed an agreement with the HCM City’s Market Management Department not to stockpile or trade counterfeit goods.

The Central Committee of Việt Nam Youth Federation and DSF Vietnam Co on Wednesday launched a programme called "Support Farmers – Price Subsidy to Consumers" to help farmers sell their unsold pigs at reasonable prices.

Totally in the first five months of this year, the country had 50,534 newly-established enterprises with total capital of VNĐ485.6 trillion, a year-on-year rise of 12.9 per cent in the number of enterprises and of 39 per cent in the registered capital.

About 20 business deals worth of some US$10 billion between US and Vietnamese enterprises were officially signed on May 31 during Prime Minister Nguyễn Xuân Phuc’s visit to the US.

Vietnam News reporter Mai Hương has a talk with John Drummond, Head of Trade in Services Division, Trade and Agriculture Directorate of the Organisation for Economic Co-operation and Development (OECD) about trade and innovation.