While 2020 is believed to have changed the real estate industry, trends in the sector this year are forecast to sustain or be aligned with demand in the market.
Foreign direct investment (FDI) has contributed significantly to the economic development of Nghe An province but more actions are needed to improve its efficiency and increase FDI enterprises' contribution to the State budget.
Vietnamese businesses operating in support industries have been developing in both quantity and quality in recent years, with improved production capacity and increasing engagement in global production chains.
Business and production activities are expected to pick up in the last three months of a year, thus helping with the recovery of the labour market from the negative impacts of the COVID-19 pandemic. Therefore, the unemployment rate is likely to drop and labourers’ income is expected to rise in the last quarter of this year, experts said.
Authorities in the northern province of Vinh Phuc have rolled out a host of incentives to attract investment and make tourism a spearhead economic sector, with major and prestigious groups being sought to invest in areas ripe with potential but facing difficulties in changing their economic structure.
Those who have travelled far and long and then returned to Hanoi have been amazed by the rapid changes in the capital’s appearance over recent years. Highways connecting the capital with nearby cities and provinces together with ring roads, bridges over the Red River, and even overpasses have been built to make it a dynamic business centre contributing significantly to the national economy.
Key economic regions were urged to maximise their potential and competitive advantages as well as promote innovations to drive regional and national growth, according to a Government resolution on solutions to strengthen the development of key economic regions.
Investment in industrial parks (IPs) and economic zones (EZs) has become a new driver of growth in the northeastern province of Quang Ninh, with local authorities issuing various policies to attract investors.
Hanoi should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Vietnam amid the global production shift, experts have said.
Denmark’s Copenhagen Infrastructure Partners (CIP) along with Asiapetro and Novasia Energy signed a memorandum of understanding with the Binh Thuan Provincial People’s Committee on July 22 to develop the 3.5GW La Gan wind power project off the coast of the south-central province – one of the first large-scale projects of its kind in Vietnam.
Thailand’s Board of Investment (BoI) recently approved five large-scale projects with a total investment value of 41.83 billion THB (1.34 billion USD) in an effort to reactivate economic drivers after the country began easing lockdown measures.
Delegates at a video seminar in Hanoi on May 13 shared views on the significance of the draft public-private partnership (PPP) law in the context of increasing demand for resources and limited State budget funds.
The central province of Quang Binh has set goals of luring 600-800 million USD in foreign direct investment (FDI) from 2021-25 and 1-1.2 billion for the five years following.
The central province of Quang Nam expects to welcome more FDI projects promoting green growth, according to Chairman of the provincial People’s Committee Le Tri Thanh.
Boosting the disbursement of all planned public investment would help increase this year’s gross domestic product (GDP) by 0.42 percentage points, according to the General Statistics Office (GSO).
With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected to become the next hotspot for investors and buyers
The Ministry of Natural Resources and Environment (MoNRE) has sent a document to local departments to regulate the use and certification of non-residential real estate projects.
Deputy Prime Minister Vu Duc Dam highly appreciated the science and technology sector for its contributions to the country’s development in recent years at a conference held in Hanoi on January 3.
Business
XIII National Congress of Communist Party of Vietnam
