BANKS HOPE TO LURE FOREIGN INVESTORS
Despite the current increasing foreign investment inflows, merged and acquired banks will consider selling stakes to foreign investors after completing the restructuring to up the attractiveness of sales, bank officials said.
HCM CITY IN PROPERTY BOOM
The HCM City housing market will continue to grow this year, especially the VND1 billion (US$44,000) condo segment, the HCM City Real Estate Association (HoREA) has predicted. Le Hoang Chau, its chairman, said the VND1 billion segment would be the most liquid while the luxury segment will be restructured in line with actual demand.
VIETNAMESE LOGISTICS INDUSTRY SHORT OF PERSONNEL
Despite its huge potential and forecasted annual growth rate of 12 per cent, as well as import-export turnover reaching $623 billion by 2020, the Vietnamese logistics industry is facing difficulties in enlisting personnel, especially skilled employees.
VIETNAMESE TEXTILE STOCKS FAILING TO WOO INVESTORS
In June 2017 the Việt Nam National textile and Garment Group (Vinatex) listed on UPCoM under the ticker VGT at VNĐ13,500. After remaining steady for more than six months, the price of VGT shares suddenly soared by 70 per cent to VNĐ19,400 last January. But it soon gave up all its gains and plunged to VNĐ11,000.
KONG KONG INTERNATIONAL TEA FAIR: 3-NIGHT COMPLIMENTARY HOTEL STAYS FOR NEW BUYERS
• Excellent Portfolio of Food Suppliers: Expecting over 1,500 exhibitors from more than 25 countries and regions
• Efficient Sourcing Platform: Customized one-to-one business matching sessions
• Major Exhibits includes Bakery Products, Fruit & Vegetables, Health, Green & Organic Food, Snacks & Confectionery, Meat & Poultry, Canned, Frozen & Processed Food, Seafood, etc.
AMENDING POLICIES TO FACILITATE PROPERTY MARKET
The property market is forecast to extend its recovery, growth and stable development in 2018 although it will still face numerous challenges in supply and demand relations, access to investment land, and administrative procedures. A series of policies that are about to be issued or amended will play an important role in helping boost transparency and clear obstacles to the real estate market. This will also be a driving force for property businesses to find best solutions and adapt to the new business environment.
POLICIES TAKE EFFECT SINCE JUNE
Farmers classified as poverty shall receive up to 90% subsidy of insurance premiums, according to the Government’s Decree No. 58/2018/ND-CP on agricultural insurance dated April 18, 2018 and scheduled to take effect since June 5.
HOW DOING GOOD IS GOOD FOR BUSINESS 2018
Don’t miss an exciting and unique conference on “How Doing Good is Good for Business 2018 – Business Impact & Community Impact – Where to meet?” taking place on June 28, 2018 (Thursday), 08:00-15:30, at the Park Hyatt Saigon!
