Residential real estate is one of the segments considered by Vietnam Report Joint Stock Company (Vietnam Report) as having strong growth potential in the property market. Accordingly, the new supply and the expectation of a high floor price will increase profit margins for real estate businesses.
Vietnam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented manufacturing and recovering service sector, according to the Vietnam Macro Monitoring report recently released by World Bank.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,107 VND/USD on April 18, up 1 VND from the last working day of previous week (April 15).
The index of industrial production in the first quarter continued to flourish with a year-on-year increase of 7.07 percent, the General Statistics Office said.
The shipment of nine modules for the oil and gas pipeline system at the methanol plant of the Sarawak Petrochemical Refinery has left Republic of Korea’s heavy industries Doosan Vietnam (Doosan Vina)’s port for installation at the Sarawak Refinery located in the coastal Bintulu City, Malaysia.
An IT park covering an area of about 274 hectares will be built in the northern province of Bac Ninh, according to a decision by the provincial People’s Committee.
A consultation session on export to the Algerian market will be held on April 19 in Ho Chi Minh City as part of activities in the national programme on trade promotion in 2022, according to Deputy Director of the Trade Promotion Agency of the Ministry of Industry and Trade (MoIT) Le Hoang Tai.
Retail and consumer service revenues enjoyed good growth in the first quarter of 2022, rising 4.4 percent from the same period last year to 1,318 trillion VND (57.55 billion USD), according to the General Statistics Office (GSO).
The city of Phu Quoc is doing everything possible to unleash its potential and boost socio-economic recovery this year despite lingering COVID-19 impacts.
The National Private Economic Development Research Board and the Handicraft and Wood Industry Association of Ho Chi Minh City have launched an initiative to develop a chief information officer network for the wood and wood processing industry to foster its digital transformation.
The latest draft National Power Development Plan for the 2021 - 2030 period, with a vision to 2045 (PDP VIII) has made drastic reduction of CO2 emissions with no new coal-fired power plants to be built in the planning period, and with the switch from coal and natural gas to biomass, ammonia, and hydrogen, according to Deputy Minister of Industry and Trade Dang Hoang An.
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