RENEWABLE ENERGY – LEADING SOLUTION TO CLIMATE CHANGE MITIGATION IN ASEAN
Investing in renewable energy sources is as a palliative measure for ASEAN to mitigate climate change, according to Vice President of Infrastructure Solutions at Malaysian-based Vertiv Chee Hoe Ling.
HANOI TO ESTABLISH THIRD CITY COMPRISING TWO DISTRICTS
The People's Committee of Hanoi has presented an adjusted planning scheme for the city's overall development until 2045, with a vision for 2065, foreseeing population growth reaching 12 million by 2030, 14.6 million by 2045 and 15.5 million by 2050.
VIETNAM'S ECONOMIC GROWTH EXPECTED TO PICK UP IN 2024
Vietnam’s economy is expected to post 6 per cent growth in 2024, up from 5.1 per cent growth in 2023, on the back of improving external demand, a pickup in domestic demand, and robust foreign direct investment (FDI) inflows, according to a report by the ASEAN+3 Macroeconomic Research Office (AMRO) released on April 9.
INFRASTRUCTURE FOCUS SETS STAGE FOR REAL ESTATE BONANZA
Although infrastructure development in Vietnam’s biggest cities is gradually helping to bolster real estate in neighbouring areas and push up prices, investors are advised to remain cautious and take local livelihoods into account. Located in Thu Duc of Ho Chi Minh City, the Dong Tang Long project was once expected to be a model urban area, but it has remained unused for many years and is now a series of abandoned and degraded villas.
VIETNAM REAL ESTATE MARKET RISING APPEAL TO INT’L INVESTORS
The General Statistics Office (GSO) projected the disbursed foreign direct investment (FDI) in Vietnam for the first two months of 2024 to be approximately US$2.8 billion, marking a year-on-year surge of 9.8%. This represents the most substantial amount of actualized FDI capital for the January-February timeframe in the past five years.
VIETNAM CUSTOMS ADVANCING THREE PILLARS TOWARD SMART CUSTOMS BY 2030
As per the Customs Reform and Modernization Board under the General Department of Vietnam Customs, the customs sector has embarked on a significant institutional reform. This includes simplifying and harmonizing customs procedures in accordance with the World Customs Organization (WCO) standards.
REVOLUTIONIZING CUSTOMS AND BORDER MANAGEMENT WITH AI AND ML INNOVATIONS
At present, customs agencies worldwide are actively exploring and integrating advanced technologies into their specialized operations. This includes the application of Artificial Intelligence (AI) and Machine Learning (ML) in customs and border management.
INFRASTRUCTURE FOCUS SETS STAGE FOR REAL ESTATE BONANZA
Although infrastructure development in Vietnam’s biggest cities is gradually helping to bolster real estate in neighbouring areas and push up prices, investors are advised to remain cautious and take local livelihoods into account.