VN firms can succeed in huge halal food market VN firms can succeed in huge halal food market

While Muslims are a minority in Viet Nam, the halal food industry here has great potential, Abdullah Abdulrohman, director of the Halal Viet Nam Export and Import Co Ltd, said.

Investor for Phu Quoc passenger port project approved Investor for Phu Quoc passenger port project approved

The Cuu Long (Mekong) Delta province of Kien Giang has chosen the investor for the development of the build-operate-transfer (BOT) section of the Phu Quoc international passenger port.

Vingroup to enter the exhibition and fair industry Vingroup to enter the exhibition and fair industry

Property developer Vingroup has contributed nearly VND1.5 trillion to become a strategic stakeholder of the Viet Nam Exhibition and Fair Centre JSC after acquiring an 89.42 per cent stake in the Viet Nam Exhibition Fair Centre One Member Co. Ltd. (VEFAC).

BIDV confirms merger with MHB BIDV confirms merger with MHB

The management board of the Bank for Investment and Development of Viet Nam (BIDV) announced its plan to merge with the Mekong Housing Bank (MHB) at a shareholders meeting on April 17.

HCM City's German-owned building to be country's greenest HCM City's German-owned building to be country's greenest

(Apr 27, 2015)

Deutsches Haus on HCM City's Le Duan Street will become the most energy-efficient office building in Viet Nam when it is completed in 2017.

Building materials set for rapid growth

The Ministry of Construction has set a 10-15 per cent annual growth target for exports of building materials so that they can reach US$2-$2.5 billion by 2020 under a plan to develop the industry it has submitted to the Government for approval.

FDI in real estate reaches $48 billion

Real estate will attract lucrative foreign direct investments in 2015 with the market recovering and Viet Nam set to join the Trans-Pacific Partnership agreement and other free trade pacts.

Me Linh District plans to become a green urban hub

The Ha Noi Department of Planning and Architecture yesterday unveiled a 15-year (2016-2030) development master plan for Me Linh District with a total investment of VND220 trillion (US$10.37 billion).

Decree allows property as REIT capital

Following a recent draft amendment to a Decree, investors might be allowed to contribute capital to a real estate investment trust (REIT) in the form of property assets, besides cash.

Experts meet for urban planning development workshop

Urban planning experts and architects gathered on April 23 in HCM City for a workshop on urban planning to adapt to climate change.

Goldman Sachs and QIA Vie to acquire Ha Noi's 72-storey building

Goldman Sachs and the Qatar Investment Authority are reported to have bid for Keangnam Hanoi Landmark Tower, the highest building in Viet Nam's capital city whose value is estimated at more than US$1 billion, according to the Korea Economic Daily.

Ninh Van Bay seeks to transfer $45 million resort

The Ninh Van Bay Travel Real Estate Company is seeking partners to jointly invest in the Six Senses Saigon River project in Dong Nai Province, or to transfer the project to improve its financial situation.

VND100m homes a low-income dream

Affordable housing that was recently launched in the southern Binh Duong Province at a price of about VND100 million (US$4,630) per unit has made low-income earners and workers more hopeful.

Housing stimulus disbursement stagnates

The disbursement of the VND30-trillion (US$1.38 billion) housing stimulus package has been stagnant, despite the increase in the number of successful transactions in the real estate market.

Dai Lai Flamingo Forest villas placed on sale

The Hong Hac Dai Lai Company on April 20 officially offered for sale, 42 forest villas at the Flamingo Dai Lai Resort in the northern Vinh Phuc Province's Phuc Yen Town.

Supermarket plays white knight for shallot farmersSupermarket plays white knight for shallot farmers

Saigon Co.op has signed agreements with farmers in Soc Trang Province to buy 100 tonnes of Vinh Chau shallot by May to help them cut losses since prices have plummeted following a bumper harvest.

VN needs only five big banks: ExpertVN needs only five big banks: Expert

Viet Nam should have only five major banks that provide financial services and support domestic businesses, as well as effectively compete with foreign banks, which are about to enter the country.  Keith Pogson, managing partner at Asia Pacific Financial Services for Ernst & Young, spoke with the local media about the banking situation in Viet Nam and its development in the future.

Workers refuse dormitories in City Workers refuse dormitories in City

Managements of many industrial parks and export processing zones in HCM City have built dormitories for employees, but only a small fraction of the workers choose to stay in these places.

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