Many foreigners eager to buy homes in Vietnam, gov’t urged to clarify funding rules

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Báo Thanh Niên English 2 day(s) ago

Many foreigners eager to buy homes in Vietnam, gov’t urged to clarify funding rules

While a new law allowing foreign ownership of property in Vietnam has aroused plenty of interest among foreigners, analysts are calling for greater clarity with regard to bank mortgages and sending money into Vietnam.

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Nearing lower-middle income

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VietStock FI English 3 day(s) ago

Cambodia is expected to reach a GDP per capita of $1,220 this year, putting it on course to being a lower-middle income economy, said Commerce Minister Sun Chanthol, who was attending a meeting with Macau entrepreneurs in Phnom Penh yesterday.

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Transport inspector charged for taking bribes to disregard overloaded trucks

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Báo Thanh Niên English 4 day(s) ago

Transport inspector charged for taking bribes to disregard overloaded trucks

Prosecutors in the Central Highlands province of Dak Nong Tuesday charged a senior transport inspector with taking bribes to allow overloaded trucks to operate.

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SBV Governor receives IMF resident representatives

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VietnamPlus English 4 day(s) ago

Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh received International Monetary Fund (IMF) Resident Representative for Vietnam Sanjay Kalra, who is about to finish his official tenure in Vietnam, and newly-appointed Resident Representative Jonathan Dunn on July 29 in Hanoi.

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Central bank unhappy with loan package for transport infrastructure

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Báo Thanh Niên English 4 day(s) ago

Central bank unhappy with loan package for transport infrastructure

The government's plan for banks to earmark a sum of money to lend for transport infrastructure works has raised concern at the State Bank of Vietnam, which warns this could affect its monetary policies, news website VnExpress reported Monday.

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Experts pick holes in new bank guarantee for apartment buyers

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Báo Đầu Tư English 4 day(s) ago

Experts pick holes in new bank guarantee for apartment buyers

A proposed decree to guide the recent amendments to the Law on Real Estate Business that requires housing developers to get guarantees from banks before they can sell or lease out units needs to be more specific to ensure safety, a developer has warned.

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ASEAN-China poverty reduction forum opens in Vientiane

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VOV News English 4 day(s) ago

ASEAN-China poverty reduction forum opens in Vientiane

The ninth ASEAN-China Forum on Social Development and Poverty Reduction opened in Vientiane, Laos on July 28, focusing on the theme of financial reform for poverty reduction.

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Quang Ngai records slow poverty alleviation project pace

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VietnamPlus English 4 day(s) ago

Implementation of the World Bank-funded Central Highlands Poverty Reduction Project in central Quang Ngai province has moved slowly, reviewed Le Quang Thich, Deputy Chairman of the provincial People’s Committee, during a working session in Quang Ngai on July 28.

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More worries about public debt

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VietnamNet English 5 day(s) ago

More worries about public debt

VietNamNet Bridge - The good news about the GDP growth rate of 6.28 percent in the first six months of the year, the highest in five years, has been overshadowed by a report from the World Bank (WB) that every Vietnamese citizen bears $1,200 in public debt.

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Luxury apartments open for phase 1 sale in Hanoi

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Báo Đầu Tư English 6 day(s) ago

Luxury apartments open for phase 1 sale in Hanoi

Last weekend (July 25) 500 apartments belonging to Imperia Garden office, housing and commercial complex have found buyers in phase 1 sale round at Daewoo Hotel in Hanoi’s Ba Dinh district.

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ASEAN investments help fuel economic development

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VietnamPlus English 6 day(s) ago 2 related news

Twenty years after joining the Association of Southeast Asian Nations, Vietnam has become an attractive destination for investors from the region, the Vietnam Investment Review reported, adding that ASEAN investments have greatly contributed to fueling the country’s economic development.

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AEC to promote both investment and competition

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VOV News English 6 day(s) ago 2 related news

AEC to promote both investment and competition

ASEAN investment inflows to Vietnam are expected to surge in the coming months, when many large projects are licensed and the ASEAN Economic Community is established.

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AEC to promote both investment and competition

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Báo Đầu Tư English 6 day(s) ago 2 related news

AEC to promote both investment and competition

ASEAN investment inflows to Vietnam are expected to surge in the coming months, when many large projects are licensed and the ASEAN Economic Community is established.

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New World Bank report casts doubt on Vietnam's actual debt burden

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VOV News English 7 day(s) ago 1 related news

New World Bank report casts doubt on Vietnam's actual debt burden

Local economists have advised the government to be extremely careful with spending because its public debt has reached a dangerously high level.

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Vietnam will be Promised Land for small, medium-sized enterprises

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Báo Tuổi Trẻ English 7 day(s) ago

Vietnam will be Promised Land for small, medium-sized enterprises

Editor’s note: Le Anh Tu, 26, from Ho Chi Minh City, joined the “Ky Vong Viet Nam 20 Nam Toi” (“My Expectations for Vietnam in 20 Years”) writing contest with his dream that Vietnam will become the Promises Land for small and medium-sized enterprises in 2035.

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