Budget revenue far behind estimates in first half this year

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SaiGon GP English 1 day(s) ago

Budget revenue far behind estimates in first half this year

Budget revenue was estimated to reach VND476.8 trillion (US$21.39 billion) in the first six months of 2016 accounting for only 47 percent of the estimates of VND1,015 trillion ($45.67 billion), according to a Government’s report.

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Real estate market values distorted by inflated prices

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VietStock FI English 2 day(s) ago 1 related news

“My monthly salary is $200. I save $50 per month to buy a $70,000 flat. I’ll have to save for 117 years. Yes, I can have a flat in 117 years.”

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Thailand revises down tourism income target for 2017

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SaiGon GP English 2 day(s) ago

Thailand revises down tourism income target for 2017

The Tourism Authority of Thailand (TAT) has revised down its target for tourism related income next year, citing concerns about global, regional and national economic problems and the political situation.

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HCMC abundant of high-class, short of affordable apartments

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SaiGon GP English 5 day(s) ago

HCMC abundant of high-class, short of affordable apartments

The Ho Chi Minh City real estate market showed signs of slowdown with unstable elements in the first six months of 2016, was abundant of high class and short of affordable apartments for many middle income people.

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Authorities struggle to collect gold mine taxes

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Báo Dân Trí English 1 week(s) ago

Authorities struggle to collect gold mine taxes

Despite the authorities suspending operations and freezing bank accounts, they have still proved unable to collect VND434bn (USD19.7m) in back taxes from two gold mines in Quang Nam Province.

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Details emerge around affordable housing project

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VietStock FI English 1 week(s) ago

More concrete details surrounding WorldBridge Land’s proposed $100 million affordable housing project have surfaced, however the Cambodian government’s involvement in the development remains unclear.

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Ground Zero of China’s slowdown leaves locals looking for exit

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Báo Thanh Niên English 1 week(s) ago

Ground Zero of China’s slowdown leaves locals looking for exit

Tea-shop manager Zhang Yue is so desperate about her home city of Tieling’s future that she’s borrowed about five times her annual income to buy a work visa to leave for Japan -- an economy that’s flat-lined for a generation.

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Amata seeks incentives for Halong

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Báo Đầu Tư English 1 week(s) ago

Amata seeks incentives for Halong

Thailand’s Amata Group is asking for special incentives from the Vietnamese government for its $1.6 billion industrial park and township complex in the northern province of Quang Ninh province, enabling the complex to be competitive with neighbouring VSIP Haiphong and Dinh Vu industrial parks, both located in an economic zone.

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Việt Nam needs more affordable housing

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Báo Dân Trí English 2 week(s) ago

Viet Nam needs more affordable housing

Việt Nam should raise policies to encourage the development of affordable rental housing in an effort to resolve the severe shortage of housing for low-income earners, experts said.

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WB supports transparent land governance

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Báo điện tử CP English 2 week(s) ago 2 related news

WB supports transparent land governance

VGP – The World Bank (WB) has approved a US$150 million credit for Viet Nam to enhance the efficiency and transparency of land administration services.

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Barcelona's Messi to appeal tax fraud sentence

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Báo Đầu Tư English 2 week(s) ago

Barcelona's Messi to appeal tax fraud sentence

BARCELONA: After a court in Spain on Wednesday (Jul 6) sentenced Barcelona striker Lionel Messi and his father to 21 months in jail for tax fraud, the footballer vowed to appeal the sentence and clear his name.

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Business highlights – June 27-July 3

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Báo điện tử CP English 2 week(s) ago 2 related news

VGP - Viet Nam’s Gross Domestic Product (GDP)’s growth reaching 5.52%, agro-forestry-fishery exports fetching US$15 billion, Viet Nam enjoying a trade surplus of US$1.5 billion, the Ministry of Finance drafting preferential tax for small and medium-sized enterprises and Hai Phong leading in attracting Foreign Direct Investment are economic highlights from June 27-July 3.

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Cambodia's economic status raised to lower-middle income

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VietStock FI English 2 week(s) ago

Cambodia's economic status raised to lower-middle income

The World Bank has officially revised the status of Cambodia’s economy, moving it up a rung from the low-income bracket into lower-middle income territory – a reclassification that economists expect will lead to a scale-back of foreign aid and preferential trade access over the coming years.

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Half of Vietnam’s unemployed labourers are under 24

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Báo Dân Trí English 3 week(s) ago

Half of Vietnam’s unemployed labourers are under 24

The number of unemployed young people aged 15 to 24 was remarkably high for the first six months of the year, accounting for 47 percent of unemployed workers, the General Directorate of Statistics (GDS) said.

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PM greets Harvard professor

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Báo điện tử CP English 3 week(s) ago 4 related news

PM greets Harvard professor

VGP – PM Nguyen Xuan Phuc received Mr. Ricardo Hausmann, Director of the Center for International Development and Professor of the Practice of Economic Development at Harvard University who was on a working visit to Viet Nam, on June 30 in Ha Noi.

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