Business News

In the draft of the revised Housing Law, the Ministry of Construction (MoC) offered a proposal with two options for apartment ownership: from 50 to 70 years, or according to the life expectancy of the apartment building.

Vietnam is forecast to become the second-largest economy in Southeast Asia after Indonesia and the 20th-largest economy in the world by 2036, according to the World Economic League Table 2022 report by the Center for Economic and Business Research (CEBR).

Vietnam, like many other East and Southeast Asian countries, is further climbing up the global value chain (GVC) thanks to the positive effect of the utilisation of foreign direct investment (FDI), according to the latest report by Hinrich Foundation.

1. The risk of surging deposit rates
2. NA approves extension of pilot bad debt settlement resolution
3. Lawmakers want bank credit growth quotas scrapped
4. Manulife celebrates 23 years operating in Vietnam
5. Fuel tax cuts as the best inflation countermeasure
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1. MMS system designing and supply
2. Railway recording control device supply
3. Automatic cartoning machine supply
4. Auxiliary materials supply
5. Magnetic wire and electric cable supply
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1. Speciality automobile supply
2. Equipment and materials supply
3. Automatic humidity thermometer supply
4. Labour protection equipment supply
5. Materials , components supply
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1. MoC proposes controlling bond issuance of property firms
2. Credit should be controlled by market mechanism
3. Urgent need to prevent illicit financial flow
4. Breakthrough in cross-border taxation policy
5. Power shortage concerns could be solved by renewables
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The Ministry of Finance has proposed a regulation be brought in to ensure payments for all real estate transactions are carried out via bank transfers. The suggestion was made to prevent tax avoidance in the transactions of real estate assets through the declaration of selling prices much lower than the actual cost.