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.
GOV’T EXTENDS VISA-EXEMPTION POLICY FOR FIVE EUROPEAN COUNTRIES
The Government has agreed to extend visa exemption policy for citizens from the UK, France, Germany, Spain and Italy. Minister-Chairman of the Government Office Mai Tien Dung released the news at the press conference on June 3.
FOREIGN FUNDS FLOW INTO REAL ESTATE MARKET
Mergers and acquisitions (M&A) in the real estate sector have been very active in the past few years, despite positive macroeconomic impacts. According to real estate specialists, M&As will be still very vigorous in the coming time.
HAU GIANG TO BUILD VND1.5 TRILLION LOGISTICS CENTRE
The Mekong Delta province of Hau Giang plans to build a logistics centre at a cost of over VND1.5 trillion (US$66.03 million), aiming to reduce logistics cost in the region and improve competitiveness of regional products in both domestic and foreign markets.
