SPECIAL

Forbes names Vingroup boss again in rich list Forbes names Vingroup boss again in rich list

Founder and chairman of Vietnamese firm Vingroup Pham Nhat Vuong has once again been named by American business magazine Forbes in the list of the richest persons on the planet.


PM reiterates Formosa's investment term while accepting mistakes PM reiterates Formosa's investment term while accepting mistakes

Prime Minister Nguyen Tan Dung has agreed to maintain an investment term of 70 years for the Taiwan-invested Formosa project in the central Ha Tinh Province.


More remittances to fund property purchases More remittances to fund property purchases

Viet Nam is expected to see rising remittances enter the property market, following the amended housing law that allows Viet Kieu (overseas Vietnamese) to own a house in the country.


Viet Nam's e-commerce revenue in 2014 touched $3b Viet Nam's e-commerce revenue in 2014 touched $3b

Business-to-customer (B2C) e-commerce in Viet Nam garnered a total revenue of US$2.97 billion in 2014, accounting for 2.12 per cent of the country's gross retail sales of goods.



Hong Kong firm invests in high-end HCM City apartment Hong Kong firm invests in high-end HCM City apartment

(Mar 02, 2015)

Hong Kong-based private-equity, real estate and financial investment player Hamon Group and Vietnamese property company SonKim Land have last week signed an agreement to develop a high-end property project in HCM City's in District 2 called Gateway Thao Dien.

Ministry of Construction may increase size of social housing

The Ministry of Construction has proposed that the maximum area of social housing apartments be raised to 90 square metres (sq.m.) from the current 70sq.m.

Clean up your act, Ha Noi tells investors

The Ha Noi Department of Construction has set April 30 as the deadline for investors to submit reports on the implementation of residential projects, of particular concern are waste water treatment stations.

Thai group takes over Phu Quoc's Centara resort

Centara Beach Resort and Spa Phu Quoc is the latest Vietnamese property to be acquired by Centara Hotels and Resorts.

Property market to function more positively in 2015

Nguyen Manh Ha, Head of Housing and Property Market Department spoke about prospects of the real-estate market in Viet Nam in 2015.

Brokers take advantage of new pricing framework

Although the new land price framework in HCM City has only recently taken effect, some brokers have taken advantage of the change to increase property prices, according to Thoi bao kinh te Sai Gon (Sai Gon Economic Times) newspaper.

More remittances to fund property purchases

Viet Nam is expected to see rising remittances enter the property market, following the amended housing law that allows Viet Kieu (overseas Vietnamese) to own a house in the country.

Affordable housing in demand

More incentives are needed to encourage businesses to develop affordable housing and social housing projects, a HCM City official has said.

Homebuyers need guidelines for potential VND50 trillion package

A VND50 trillion package to assist commercial housing developments may spell good news for the property market, but experts say authorities should prioritise showing homebuyers how to apply.

Vingroup builds Hai Phong complex

Vingroup Retail Co and Hai Phong Real Estate Development and Investment Co broke ground for a commercial complex in the northern port city of Hai Phong yesterday.

Stalled projects likely to be re-sold

The trend of selling stalled property projects to new investors will grow strongly this year, helping the market revive, the chairman of the HCM City Real Estate Association has said.

Manulife announces 25% rise in elite club for insurance advisorsManulife announces 25% rise in elite club for insurance advisors

Manulife Viet Nam has announced that its membership of the prestigious Million Dollar Round Table in Viet Nam rose by 25 per cent last year, reflecting the increasing client-centric focus and high standards of service by its advisors.

Local auto market offers hopes of growthLocal auto market offers hopes of growth

US automaker Ford reported record sales in Viet Nam every month in the latter part of 2014 as its market share rose to nearly 9 per cent. Viet Nam News speaks with Jesus Metelo Arias, managing director of Ford Viet Nam, to hear the full story and where he sees the Vietnamese auto industry in 2015.

Banking credit seen growing 13-15% in 2015 Banking credit seen growing 13-15% in 2015

Banking credit is expected to grow by 13-15 per cent this year, 1 per cent higher than last year. The target is based on this year's GDP target of 6.2 per cent.

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