Business News

[10-08-2015] It has been more than a month since Vietnam’s Law on Real Estate Business came into effect. Investors and their legal advisers had been eagerly anticipating this law, as it sees Vietnam move towards a more transparent legal framework for the real estate sector.

[10-08-2015] Two local travel companies will join hands with their Macau partner to arrange three weekly chartered flights starting next month to transport tourists between Macau and HCM City. The flights, with 180 seats each, will be jointly conducted by Macau’s Sun Star Travel Agency, Viking Travel Company in HCMC and Indochina Service in Hanoi. The first flight is scheduled on September 22.

[05-08-2015] The Vietnamese Government has unilaterally decided that holders of passports from the UK, Italy, Germany, Spain and France will be waived off  Vietnamese visas from the 1st July, 2015 to 30th June, 2016. Earlier, the Southeast Asian country inked 80 visa exemption agreements.

[07-08-2015] Did you know that the Ministry of Planning & Investment recently issued some guidelines to the licensing authorities in the cities and provinces regarding the implementation of the new 2014 Investment Law? The content of this guideline is a bit complicated and below is a 'simplified' explanation.

[03-08-2015] The country's property market attracted US$1.69 billion in foreign direct investment (FDI) for 15 projects in the first seven months of 2015, according to the Foreign Investment Agency. This figure accounted for 19.3 per cent of the total FDI capital of $6.92 billion.

[30-07-2015] The demand for workers from Vietnamese enterprises was reported 34 percent higher in the first half of the year in comparison with the same period last year. The reports by the HCM City Labor Force Forecasting and Marketing Information Center showed an increase in employment demand thanks to economic recovery.

[30-07-2015] The real estate market, especially the high-end segment, has seen a revival and is likely to develop strongly from here thanks to the amendments to the Housing Law that permits foreigners and overseas Vietnamese to buy housing since July 1st, experts have said.

[04-08-2015] The ASEAN Internship for University Students of Hong Kong Scheme (the internship scheme), which is initiated by the Hong Kong Economic and Trade Office of the Government of the Hong Kong Special Administrative Region (HKSAR) to provide opportunities for Hong Kong university students to undertake internships in ASEAN with a view to enhancing the bilateral relations between Hong Kong and ASEAN. The internship scheme was officially launched by Mr John C Tsang, Financial Secretary of HKSAR on 31 July 2014 in Singapore.