REAL ESTATE MARKET IN 2017: EXPERT FORECASTS
[18-01-2017] In 2017, the real estate market is forecast to stage continued positive performance. Vacation property, midsize apartment and affordable housing segments for low-income earners will be hot picks on the market. Development opportunities of the property market will become clearer in 2017.
HCM CITY BANKING SECTOR SETS HIGH GOALS FOR 2017
[18-01-2017] Strong efforts from the HCM City banking industry are needed to complete its mission in 2017, a high-ranking official has said. Speaking at a conference held yesterday in HCM City, chairman of the city’s People’s Committee Nguyễn Thành Phong said the “the banking industry for many years has been considered the blood vessel of the economy and one of the most important industries of the city”.
DA NANG TO SET UP FOUR NEW IPS
[17-01-2017] Da Nang City will establish four new industrial parks (IPs) by 2020, Ho Ky Minh, deputy chairman of the municipal People’s Committee, said. Minh said the committee had asked the city’s Department of Industry and Trade (DoIT) in collaboration with relevant agencies to speedily implement procedures to submit the establishment plan of the four IPs to the Government.
HCM CITY PROMOTES KEY TRANSPORT PROJECTS
[12-01-2017] The city has recently called for private investment under the public-private partnership (PPP) model to kick off several key transport infrastructure projects under in the context of a limited State budget amid increasing transport demand.
HA NOI REMAINS POSITIVE DEVELOPMENT ON PROPERTY MARKET IN Q4
[12-01-2017] The Ha Noi real estate market saw strong development in the condominium, villa and townhouse segments in the fourth quarter of 2016 and experts predict further growth this year. Nguyen Hoai An, manager of professional services at CBRE Viet Nam Co, said at the company’s press conference yesterday that 9,128 units were avilable for sale in 34 projects across the city last year.
TRANSPORT SECTOR URGED TO SPEED UP RESTRUCTURING
[11-01-2017] The Ministry of Transport needs to focus on its restructuring, adjusting planning schemes and strategies with detailed implementation roadmaps and ensuring traffic safety in 2017. Deputy Prime Minister Trịnh Đình Dũng made the suggestion at a conference hosted by the ministry in Hà Nội on Tuesday to review the implementation of tasks in 2016 and deploy missions in 2017.
MULTI-HOUSE OWNERS WON’T BE TAXED IN 2017
[21-12-2016] The finance ministry has announced that people who own a house will not have to pay tax for the second house they buy in 2017. Nguyen Van Phung, deputy director of the ministry’s tax policy department, said the issue is still on the table for discussion and while it has been a long-pending proposal, it will not happen this year. The idea of taxing multi-house owners is a matter of concern for many Vietnamese citizens.
E-TAX RETURN TO BUSINESSES
[27-09-2016] 95 per cent of E-tax return will be implemented by the end of 2017. Modern taxation will be applied to facilitate businesses and tax payers.So far, over 550,000 among 552,000 businesses (99.6 per cent) have applied E-tax declaration and return. Over 33.4 million tax declarations among over 552,000 businesses have been submitted (95.7 per cent).
