Việt Nam News

Construction started on the Quảng Trị airport project, which has an initial outlay of VNĐ5.8 trillion (US$227 million), in Gio Linh district on July 6.

The central city has been calling up potential investors, hopefully Japanese, to develop eight berths and series of infrastructure projects at the key Liên Chiểu Port by the end of this year.

Since 2022, 80 per cent of companies surveyed has planned to implement ESG in the next two to four years.

The amendments and supplements to the 2024 Law on Land, the 2023 Law on Housing, and the 2023 Law on Real Estate Business will come into effect on August 1 as proposed by the Government, five months earlier than planned. It demonstrates a significant effort by the Government and the NA, aiming to bring beneficial laws into effect early to promote socio-economic development.

If there are no major fluctuations, the General Statistics Office (GSO) predicts that Việt Nam is likely to reach its 2024 annual growth target, estimated between 6 and 6.5 per cent.

With major import markets tending to impose more stringent requirements in terms of environmental and social responsibility, Vietnamese firms need to have strategies and plans to quickly switch to green manufacturing to sustain exports, a conference heard in HCM City on July 4.

To date, there are 1,350 craft villages in the city, including 331 that have been recognised traditional, which altogether have an estimated annual revenue of VNĐ24 trillion (US$944.3 million).

A conference to invite investments and reveal more details for ambitious plans for Quảng Trị will be held on July 6

The conservation and development of craft villages has always been a priority for the city of Hà Nội, which has been looking at ways to address the difficulties faced by the smaller businesses and households.

Those include 138 anti-dumping investigations, 50 self defence cases, 37 anti-evasion of trade remedies and 27 anti-subsidy cases.

Real estate revenue in HCM City reached VNĐ124 trillion (US$4.9 billion) in the first half of the year, up 6.1 per cent year-on-year, according to the HCM City Statistics Office.

Hà Nội's gross regional domestic product (GRDP) in the first half expanded by 6 per cent compared to the 5.86 per cent growth in the same period last year.

HCM City and Hà Nội, the two major cities in Việt Nam, have recently been acknowledged as emerging cities in the Asia Pacific region by Cushman & Wakefield.

A survey on production and business trends in the manufacturing, processing and construction industries for Q2 and forecast for Q3 released last week revealed that 82.9 per cent of businesses expect improved/stable business activities in the third quarter compared to the second quarter.

Aside from harnessing domestic resources, it is important to attract foreign investment to optimise the potential and advantages of ethnic minority and mountainous areas, according to experts.

The State Bank of Việt Nam said that credit tends to increase faster in the second half of the year. If the growth rate is maintained, the credit growth target set at 15 per cent for the full year might be within reach.

The Ministry of Finance is proposing amendments to the Law on Corporate Income Tax to encourage environmental protection and sustainable development

From now through the end of this year it would be in the exploration stage, and buyers’ priorities are meeting actual housing needs, clear legal status for properties and good financial support policies, stable rental incomes, and optimising costs when buying.