CITY PROPERTY MARKET TO CHANGE
HCM City’s real estate market in the 2017-20 period will see major changes as supply and demand will gradually adjust, stabilising and strengthening the market, according to the city’s Real Estate Association.
RED APRON: FESTIVE WINE TASTING INVITATION
Join us at Red Apron boutique to savor an exclusive selection of wine from around the world.
3rd July, from 6:30pm to 9:00pm at 49J Quoc Huong, Dsitrict 2, HCMC
Free of charge for HKBAV Members
VBF: INVITATION TO CONFERENCES ON NATIONAL SINGLE-WINDOW MECHANISM, SPECIALIZED INSPECTION SCHEME, & COMMITMENT TO TRADE FACILITATION
Vietnam Business Forum (VBF) would like to invite you to “Conferences on National Single-window Mechanism, Specialized Inspection Scheme, & Commitment to Trade Facilitation” will be held by Modernization & Reform Department – General Department of Customs (GDC) as follows:
TEXTILE SECTOR HEADS TO GAIN US$31.3 BILLION FROM EXPORTING
The Government and the PM will continue assisting businesses to expand market and facilitate production and manufacturing, said Governor, Chairman of the Government Office Mai Tien Dung on June 20 at a meeting with the Viet Nam Textile and Apparel Association (VITAS).
CBRE WINS BIG AT ASIA PACIFIC PROPERTY AWARDS
CBRE Vietnam was honoured with three first prizes in important categories at the Asia Pacific Property Awards 2017. The company won “Best Real Estate Agency in Vietnam,” “Best Lettings Agency in Vietnam” and the “Property Consultancy Award” at the ceremony that took place in Bangkok earlier this month.
MINIMUM WAGE INCREASES CONTINUE TO FALL FAR SHORT
Viet Nam has posted the highest regional increase in minimum wages over the last three years, more than Indonesia and China, but workers still struggle to make ends meet.
VN BANKS STRUGGLE TO KEEP INTEREST RATES STEADY
From mid-March, Sacombank has been offering certificates of deposit (CDs) denominated in dong to individuals and companies. A sum of at least VND10 million (US$441) for five years plus one day carries a coupon of 8.48 per cent per annum while a seven-year CDs get 8.88 per cent for the first year.
REAL ESTATE NUDGES UP IN MAY
Real estate sales in May rose slightly month-on-month, compared with the first quarter this year, according to the Ministry of Construction’s Management Agency for Housing and Real Estate Market.
