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BANKING / FINANCE / INSURANCE / TAX

A PROSPEROUS YEAR FOR VIỆT NAM’S BANKING INDUSTRY

Profits of many commercial banks this year will hit the highest levels since 2012 thanks to rising capital demand, experts have forecast. Financial reports from banks showed that although two months still remain until the end of the year, many banks have already met profit targets set for the whole of 2017.

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PROPERTY / INDUSTRIAL ZONE

CITY EYES LARGE TAX ON SECOND HOMES

The HCM City People’s Committee has proposed that the Ministry of Construction apply a high tax on second and subsequent homes, as well as when there are a high number of real estate transactions within a year.

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PROPERTY / INDUSTRIAL ZONE

HCMC MULLS HIGHER TAX ON SPECULATIVE PROPERTY TRADING

The HCMC Government has proposed the Ministry of Construction increase the property tax on owners of the second home and land lot that change hands within a year, an apparent move which is aimed at warding off real estate speculation.

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BANKING / FINANCE / INSURANCE / TAX

REALTY M&A PICKS UP FOREIGN INTEREST

Vietnam’s economic growth in the first nine months of this year accelerated from a year earlier, supported by robust foreign direct investment inflows and a strong growth in exports.

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CHARITY / EXHIBITION / OTHER EVENTS

ARUP: PPP - FROM INSIGHT TO IMPLEMENTATION

Like many emerging Southeast Asian markets, Vietnam has seen unprecedented levels of economic growth in recent years. The resulting urbanisation trend has led to a need to accelerate infrastructure investment to keep pace with the country's overarching economic success story.

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CHARITY / EXHIBITION / OTHER EVENTS

VIETNAM HR BEST PRACTICE FORUM 2017

Vietnam HR Best Practice Forum 2017 is firstly launched as the most suitable place for Business Leaders and HR Professionals to discuss the key issues of ‘Best Practices’ around the world and how to apply them into organizations in Vietnam. At this conference forum, you will have chance to share your own stories and learn the best practices of different HR Leaders.

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PROPERTY / INDUSTRIAL ZONE

BANKS, REAL ESTATE FIRMS RETURN TO LIFT VN INDEX

Shares rose further on the HCM Stock Exchange on Friday morning, led by banks and property firms. The benchmark VN Index added 0.35 per cent to close at 831.86 points. It gained 0.15 per cent on Thursday.

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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

LOGISTICS FDI RISES IN THE FACE OF RETAIL EXPANSION

Vietnam’s appeal as a destination for foreign logistics providers is rising on the back of its expanding retail market. Several foreign players are entering the market this year, mostly in co-operation with major retailers they already work with in other markets, according to Julien Brun, managing partner of CEL Consulting.


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