MID-END APARTMENT SUPPLY PLENTIFUL
The real estate market will see an abundant supply of mid-end apartments toward the end of the year, according to the Vietnam National Real Estate Association. A number of renowned investors, such as Vingroup and Eurowindow, will launch a large number of mid-end apartments, which are of high demand.
FIRST HR TECH ASIA CONFERENCE AND EXPO IN HCMC, VIETNAM
Technology is bringing significant change in the way people and organizations work. Especially in the HR industry, HR tech is growing fast and totally changes the way we work, communicate and help increase employee performance. That is quite true to say that HR Departments is becoming increasingly more technology-based.
VN PROPERTY MARKET LOOKS TO UP TRANSPARENCY
The Vietnamese property market must improve market information transparency to attract investment and develop sustainability, experts said. Although there are currently many sources for market information--real estate associations, property services firms such Savills, CBRE, JLL and Cushman Wakefield as well as the Ministry of Construction--the information is rarely consistent among market research firms.
CUSTOMS CLEARANCE FOR HCMC IMPORTERS ALLOWED AT ICDS
Importers of goods subject to customs procedures at the port of entry have been given the green light to complete their customs clearance at inland container depots (ICD) of Phuoc Long Port Co Ltd, according to the latest dispatch of the General Department of Vietnam Customs.
HCMC TO BUILD APARTMENTS WITH PRICE AT VND300M
Authorities of HCM City plan to build apartments with prices at under VND1 billion (US$43,898) per unit for employees located in the city.
AMENDING TAX ADMINISTRATION LAW IN 2018
To collect taxes in arrears, the General Department of Taxation has built and assigned tax debt collection tasks in 2017 to every unit from the beginning of 2017 and directed them to apply measures to coercively collect overdue taxes according to the law. 63 tax departments across the country collected VND22,076 billion of taxes in arrears in the year to May 31, equal to 46.7 per cent of tax debt as of December 31, 2016 and up 13.5 per cent over the same period in 2016.
GARMENT MANUFACTURERS FEEL PRESSURE FROM FOREIGN FASHION BRANDS
While Vietnamese garment companies think the domestic market is too small, foreign investors consider Vietnam the "new land" to exploit, with the garment market worth US$4.5 billion.
VIETNAM CONSIDERS ALLOWING FOREIGNERS TO OPEN SAVINGS ACCOUNTS
The State Bank of Vietnam is drafting a new circular that will allow non-residents with presence in the country to make deposits in both the Vietnamese dong and foreign currency at local banks without residency requirement.
