INDUSTRIAL REAL ESTATE IS BRIGHT SPOT IN 2020 MARKET
In 2020, the average occupancy rate in industrial zones was up more than 70 per cent year-on-year. The average factory rental price nationwide was VNĐ60-80,000 per sq.m and the purchase price of land in industrial zones with infrastructure ranged from VNĐ3 to 5 million per sq.m, according to Nguyễn Văn Đính, Vice President cum General Secretary of the Việt Nam Real Estate Brokerage Association.
HCM CITY HAS SIX MORE QUARANTINE HOTELS
The six hotels are Đông Đô, Hoa Đệ Nhất, Hưng Hương and Park Royal in Tân Bình District, New Milano in District 7, and Eastin Grand Saigon in Phú Nhuận District.
HO CHI MINH CITY SEEKS INVESTMENT FOR SEVEN MAJOR PROJECTS
The projects include the second phase of the Metro Line No. 2, which connects Ben Thanh market with Thu Duc district’s Thu Thiem ward and Tham Luong to Tay Ninh bus station in Cu Chi district.
LONG-TERM DEVELOPMENT COMMITMENTS REALISED THROUGH STRATEGIC M&A MOVES
A potential rise in mergers and acquisitions is sparking concerns that local firms will lose competitiveness by selling themselves to foreign investors. However, experts believe that local businesses have more to gain than to lose by striking deals.
CIEM ISSUES TWO SCENARIOS FOR ECONOMIC GROWTH FOR 2021
The Central Institute for Economic Management (CIEM) introduced two scenarios for Vietnam’s economic growth 2021 during a seminar held in Hanoi on January 15.
ISSUED CIRCULARS DECLINE SHARPLY
According to the legal database on the government's website, in 2020, central authorities issued 546 legal documents, including 17 laws passed by the National Assembly, 158 decrees promulgated by the Government, 39 resolutions issued by the Prime Minister, 310 circulars adopted by ministers and other legal documents. The number of laws, decrees and the Prime Minister’s resolutions did not change a lot from previous years but the number of circulars dropped sharply (compared to 467 circulars in 2019).
HAI PHONG TARGETS US$2.5-3 BILLION OF FDI IN 2021
The northern port city of Hai Phong has set a target of attracting US$2.5-3 billion in foreign direct investment (FDI) in 2021, with priority given to industrial and service projects using modern and highly efficient technologies.
VIETNAM TENDERS DAILY- JANUARY 18, 2021
1. Transmission gear shaft supply
2. Nets for Intaglio machine supply-bid extend
3. Electric and automatic materials supply
4. Conductors, cable, accessories supply
5. Electric equipment and materials supply
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