Việt Nam, RoK share experience in budget management, regional connectivity

At a meeting with Busan Vice Mayor for Administrative Affairs Kim Kyung Duk, the two sides exchanged experience in budget management, the decentralisation of local budgets, mechanisms for support from the central budget, policies to attract private-sector investment in technical infrastructure, and governance and financial mechanisms serving regional connectivity.

Việt Nam apartment lifespan rules could change how homes are valued

Việt Nam’s plan to link the usable life of apartment buildings to their construction lifespan could change how apartments are valued, making the age and condition of buildings more important in a market where location and land value have traditionally been key factors.

Việt Nam considers limiting foreign home ownership to apartments

Foreign organisations operating in Việt Nam and foreign individuals permitted to enter the country would be allowed to buy or lease-purchase commercial apartments from project developers, as well as receive eligible apartments as gifts or inherit them but no longer allowed to own landed houses.

Manufacturing growth slows slightly in September

The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) dropped to 51.9 in September from August's reading of 53.3, but despite the fall, overall business conditions have now strengthened in each of the past 15 months.

Developing the night-time economy in Hà Nội

Hà Nội has issued a plan for developing the night-time economy in the city. By 2030, the night-time economy is expected to become an important driver of the service sector, contributing around 5 per cent of the city's GRDP and gradually increasing its share of state budget revenues.

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