LABOUR QUALITY SHOULD BE IMPROVED TO SHARPEN COMPETITIVENESS
[23-11-2015] In the newsletter on Labour market published by the Ministry of Labour, Invalids and Social Affairs (MOLISA) in collaboration with the Vietnam General Statistics Office recently, indicators of market prospects and demand for labour from now until the end of 2015 were released, many of which are very significant indicators.
HOUSING LOANS DISBURSEMENT TO END SOON
[23-11-2015] The VND30-trillion (US$1.3 billion) housing stimulus package's disbursement will end in April as more than 70 per cent of it has been handed out, Construction Minister Trinh Dinh Dung said. Responding to a question by Huynh Thanh Lap, head of deputies from HCM City at the question and answer session of the National Assembly agenda.
DN LEGAL: DECREE (NO. 99) WHICH SETS OUT THE GUIDELINES TO IMPLEMENT THE HOUSING LAW
[24-11-2015] Decree 99 will become valid on 10 December. The most interesting are details what conditions foreigners must meet to purchase homes in Vietnam and where they can purchase.
OFFICE-TELS TIPPED TO TOP HCMC MARKET
[17-11-2015] Office-tel developments, which combine residential and commercial uses in one apartment, are mushrooming in HCM City and are expected to lead the market in future. Le Hoang Chau, chairman of the HCM City Real Estate Association, said many developers were now investing in office-tel projects unlike a few years ago, indicating the segment's popularity.
REAL ESTATE MARKET: SPECULATORS EMERGED
[17-11-2015] Recently the Vietnamese real estate market has experienced strong growth with plentiful supply across all segments and sectors. People now have more choices, trading is getting better and better. However, the market’s recovery doesn’t mean a peace of mind for investors, as the liquidity of the market is concentrated mainly on the medium and high-end segments.
HO CHI MINH CITY AIRPORT APPLIES DUAL LUGGAGE SCAN TO CUT EXIT TIME
[17-11-2015] Passengers leaving Vietnam via Tan Son Nhat International Airport in Ho Chi Minh City will save time exiting as their luggage will be scanned by both customs and security forces at the same time instead of twice as was previously the case from Monday onward, customs officers said.
ADVICE FOR FOREIGN HOME OWNERSHIP
[16-11-2015] Although the Housing Law of 2014 created favorable conditions for foreigners to own houses here, buying a home is still no easy matter for foreigners given the legal complexity of the real estate sector in Vietnam. The following notes may be useful to foreigners thinking of getting on the residential property ladder. First, the buyer must be qualified under the applicable laws.
STAMPING FEES FOR SHORT-TERM VISA TO DROP SHARPLY
[14-11-2015] Since November 23, 2015, stamping fees on short-stay visa to Viet Nam will be reduced sharply from US$45 to US$25. The regulation is stipulated at Circular 157/2015/TT-BTC on granting of visa for foreigners to Viet Nam for tourism and study purposes. The new circular maintains charges for three-month stay visa and raises costs for long-term visa.
