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US property purchases on shaky legal grounds

US property purchases on shaky legal grounds

According to experts, the estimated $3 billion spent by Vietnamese people to purchase US residential property could have been transferred largely through illegitimate ways.

Number of new businesses jumps in first half of 2017

Number of new businesses jumps in first half of 2017

Nearly 61,300 new enterprises were formed in the country in the first half of this year with total registered capital of more than VND596 trillion (US$26.2 billion).

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Life insurance industry sees increasing M&A activity

Life insurance industry sees increasing M&A activity

As an attractive industry in Vietnam, the life insurance market is luring a wide range of international investors.

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Taiwan campaign presents new products to Vietnam

Taiwan campaign presents new products to Vietnam

The eighth edition of the Taiwan Excellence campaign launched in Hanoi yesterday, with the aim of introducing products and technologies that have been accorded the “Taiwan Excellence Award” in the fields of ICT, home appliances, educational aids, healthcare and fitness, and smart transportation.

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Ba Ria-Vung Tau seeking new developer for prime land plot

Ba Ria-Vung Tau seeking new developer for prime land plot

The southern province of Ba Ria-Vung Tau is looking for a potential developer to rebuild the Vung Tau Paradise Resort which has been delayed for 25 years now.

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New impetus for VN-Russia comprehensive cooperation

New impetus for VN-Russia comprehensive cooperation

State President Tran Dai Quang and his Russian counterpart V.Putin had a short meeting and held talks with each other on early June 29 during the former’s official tour of Russia.

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The Peak available for Vietnam’s elite

The Peak available for Vietnam’s elite

The Peak, developed by 8Elements - a lifestyle development company and a new player in the exciting real estate market of Vietnam, is an outstanding penthouse project specifically designed for the new-generation leaders of Ho Chi Minh City and Vietnam.

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Localisation: game-changer for Vietnamese manufacturing industry

Localisation: game-changer for Vietnamese manufacturing industry

Reed Tradex Co., Ltd. is organising Nepcon Vietnam 2017, a special exhibition on SMT and testing technologies, equipment, and supporting industries for electronics manufacturing, in September 2017 in Hanoi, with the aim of helping companies connect and ultimately push the development of the field. Kasinee Phantteeranurak, project manager of Reed Tradex Co., Ltd., talked to VIR’s Hong Anh about how localisation is the best way for Vietnam to take advantage of foreign direct investment in this field and make electronics manufacturing a driver of sustainable economic growth.

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Vietnam says no to fare-splitting on Grab, Uber

Vietnam says no to fare-splitting on Grab, Uber

Vietnam’s Ministry of Transport has demanded that Uber and Grab remove special features allowing passengers to share rides and split the costs with others.

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Vietnamese consumers among most demanding on e-commerce

Vietnamese consumers among most demanding on e-commerce

Viet Nam’s e-commerce may be one of the world’s fastest-growing markets, but the country’s customers are also among the most demanding.

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Mystery company may continue gobbling up failing steel giant

Mystery company may continue gobbling up failing steel giant

Over the last few months, Thai Hung Trading Joint Stock Company (Thai Hung) repeatedly purchased huge numbers of Thai Nguyen Iron and Steel Corporation’s stocks (Tisco—Ticker TIS on HoSE, HNX, and UPCoM), and it is rumoured that it will continue expanding its ownership in Tisco.

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FDI disbursement up in H1

FDI disbursement up in H1

Foreign direct investment (FDI) disbursement experienced a year-on-year increase of 6.5 per cent to US$7.72 billion in the first half of this year, statistics from the Foreign Investment Agency revealed.

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World Bank stands behind seed sector in Mekong countries

World Bank stands behind seed sector in Mekong countries

On June 27, the World Bank Group and the Ministry of Agriculture and Rural Development co-organised a regional workshop targeting to support high-quality seed sources for farmers as well as build regulations in the certification and licensing of seeds in Mekong countries.

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Fiscal discipline indispensible to close Vietnam’s budget deficit

Fiscal discipline indispensible to close Vietnam’s budget deficit

If fiscal discipline is upheld in allocating budget expenditures following the approved budget estimates, while revenues are mobilised in line with budget capacity achieved by local governments, the state budget will face less severe deficits and even enjoy surpluses in some years.

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Making good on Phu Yen’s promise

Making good on Phu Yen’s promise

In its quest for development, the central province of Phu Yen owns many advantages, but there is still a gap between theory and practice.

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City needs $5.6b for projects

City needs $5.6b for projects

HCM City is seeking more than VNĐ128 trillion (US$5.63 billion) in investment between now and 2020 for socio-economic development, according to the city’s Department of Planning and Investment.

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