THE EVFTA SET TO LURE EUROPEAN SMES
[18-07-2016] More European small and medium enterprises are flocking into Vietnam in anticipation of the EU–Vietnam Free Trade Agreement (EVFTA). Last week, a delegation of 30 European pharmaceutical firms in the environment and water sectors paid a working visit to Ho Chi Minh City to research the market and explore opportunities.
EXPORT TURNOVER FETCHES US$162.57 BILLION IN H1
[18-07-2016] As of late June, total trade turnover valued US$162.57 billion, up 2.4% or US$3.76 billion against the same period last year, according to the Viet Nam Customs Department. In the first half, Viet Nam ran a trade surplus of nearly US$1.7 billion.
LARGE TEXTILE PRODUCTION ZONES PROPOSED
[18-07-2016] The Ministry of Industry and Trade (MoIT) has proposed the development of large textile and garment industrial zones (IZs) to attract investment in dyeing, and fabric and yarn production. The 500ha to 1,000ha zones would attract local and foreign investment for high-end products.
CAI MEP-THI VAI PORT IMPROVEMENT
[13-07-2016] Spurred by numerous complaints of underdeveloped infrastructure, logistics service shortcomings and fierce competition made by foreign joint venture ports in the Cai Mep-Thi Vai port complex in the southern province of Ba Ria-Vung Tau, the Ministry of Transport is now moving forward measures to increase its operational efficiency.
CBRE SEMINAR IN HONG KONG - VIETNAM MARKET UPDATE, LEGAL & TAX (JULY 16TH)
[13-07-2016] CBRE is organizing a seminar for Vietnam market update, legal and tax this Saturday, 16th July 2016. The seminar is in purpose of providing an update and market overview of Vietnam to the attendees, and is free of charge.
LOCAL REAL ESTATE SECTOR ALLURES FOREIGN INVESTORS
[12-07-2016] Though the foreign direct investment flow into real estate sector accounts for only 5.3 per cent of the total in the first half of the year, experts see the flow is at a more feasible stage. In the first half of this year, 25 new projects were licensed in Vietnam’s real estate sector with total investment capital up to more than $600 million.
HORSE-RACING COURSES IN THE FINAL FURLONG
[11-07-2016] Hong Kong’s Matrix Holding Limited has proposed to develop a horse racing complex, the move came immediately after the decree on betting services for specific sport games was submitted to the government in June.
GROWING VN PROPERTY SALES TO FOREIGNERS
[10-07-2016] Many foreigners and Viet Kieu (overseas Vietnamese) are buying apartments in Viet Nam, especially in HCM City, according to market analysts. Over 10,000 apartments were sold in the second quarter of this year, many to foreigners who are permitted to buy up to 30 per cent of the units in a project.
