Vietnamese buyers shocked at reality of vacation ownership

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Báo Tuổi Trẻ English 1 month(s) ago

Customers who paid fortunes for timeshare packages offered by a resort operator in Vietnam are realizing that the deal is far from what it was promised to be.

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Coteccons to expand foreign ownership

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Báo Đầu Tư English 1 month(s) ago

Coteccons Construction Corporation (Coteccons) (CTD) plans to raise its foreign ownership ratio cap from 49 per cent to 60 per cent, CTD leaders announced during its 2017 annual shareholders’ meeting held on Thursday in HCM City.

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Vietnamese government to inspect assets of provincial department head

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam’s government inspectorate is set to clarify the ownership of assets including several villas and land plots said to belong to a government department head in the northern province of Yen Bai.

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KDC shareholders agree to lift foreign ownership limit

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Báo Đầu Tư English 2 month(s) ago

Vietnam's leading food firm KIDO Corporation (KDC) will increase the foreign ownership limit to enhance operations, and to gain capital for expansion investments as well as mergers and acquisitions.

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Nha Trang residents tricked into buying mortgaged villas

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Báo Tuổi Trẻ English 2 month(s) ago

Buyers who purchased units in a luxury villa complex project in the famous beach city of Nha Trang are panicking after finding out the properties have already been mortgaged by the developer.

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Who owns the Tan Son Nhat Golf Course?

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Báo Tuổi Trẻ English 2 month(s) ago

Members of the public have been wondering who the real owner of the headline-grabbing Tan Son Nhat Golf Course is.

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Foreign investment: what you need to know

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Báo Đầu Tư English 2 month(s) ago

When making an investment in Vietnam, foreign investors must study the feasibility of the project based on various factors. One of them is that the investor must make sure if the business sectors they plan to operate in are permitted by the laws of Vietnam or satisfy regulatory conditions and requirements.

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MoF to publish names of errant privatised SOEs

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Báo Đầu Tư English 2 month(s) ago

The Ministry of Finance said the names of State-owned enterprises (SOEs) which had been privatised but failed to list on exchanges as per regulations would be published on the Government’s e-portal.

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Startup guide to fledgling enterpreneurs

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Báo Đầu Tư English 2 month(s) ago

Vietnam and the globe are abuzz with startups and small-scale enterprises bringing out new ideas and innovative products to the market. However, finding one’s way through the winding, littered path to bring a fledgling enterprise to fruition, be it a successful IPO or an acquisition by a larger company, is a difficult undertaking.

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Foreigners’ top choice for real living in Hanoi

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Báo Đầu Tư English 2 month(s) ago

There are more than 320,000 foreigners living and working in Vietnam, mostly in big cities, such as Hanoi and Ho Chi Minh City, which is why the Vietnamese government has created several new policies to help foreigners take ownership, transfer and rent real estate properties in the country.

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Government to fully own 34 less SOEs by year 2020

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Báo Đầu Tư English 2 month(s) ago

The Government aims to reduce the number of fully State-owned enterprises (SOEs) from 137 to 103 by the end of 2020, according to a plan approved by the Prime Minister.

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Housing law ambiguities rankle foreign investors

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Báo Đầu Tư English 2 month(s) ago

Experts claim that despite the 2014 policy permitting non-Vietnamese citizens to purchase houses in Vietnam, variations in the interpretations of the policy leave investors sceptical and unsure about how to calculate risk.

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Banks to up capital by $1.6b

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Báo Đầu Tư English 3 month(s) ago

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VNĐ37 trillion (US$1.62 billion).

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Refreshing breeze of transparency: a list of ineligible projects

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Báo Đầu Tư English 3 month(s) ago

A list of all housing projects in which foreign organisations and individuals are not allowed to make purchases is being publicised by local authorities at the urgent bidding of the government.

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Insurance market abuzz with M&A

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Báo Đầu Tư English 3 month(s) ago

As the trend among foreign insurance companies to acquire 100 per cent ownership over insurance companies progresses at a stable pace, the Vietnamese insurance market expects to witness several major brand name changes.

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