Real estate market adapting to COVID-19 Business

Real estate market adapting to COVID-19

The real estate market saw some signs of recovery in the latter half of the second quarter and early and mid-July before the second wave of COVID-19 struck in late July. The changing situation has forced property companies to adjust their business plans.
Nine detained for illegally entering Vietnam Society

Nine detained for illegally entering Vietnam

The Si Ma Cai border post of the northern border province of Lao Cai recently detained nine people, four women and five men, while they were crossing the border river to Vietnam illegally, head of the post, Major Ta Binh Nguyen said on August 3.
Six held for organising illegal entry Society

Six held for organising illegal entry

Police in the northwestern province of Quang Ninh said on July 25 that they have detained and started legal procedures against six people from Mong Cai city for organising illegal entries into Vietnam.
Real estate expert proposes policy allowing foreigners to own land Business

Real estate expert proposes policy allowing foreigners to own land

A policy allowing foreign individuals and organisations to buy and own houses and construction works in Vietnam will help lure investment and high quality human resources from the outside to the country for national development, according to Nguyen Tran Nam, Chairman of the Vietnam Real Estate Association.
EVFTA hoped to take effect on August 1 Business

EVFTA hoped to take effect on August 1

Minister of Industry and Trade Tran Tuan Anh and EU Trade Commissioner Phil Hogan reached consensus on the point of time for the EU-Vietnam Free Trade Agreement (EVFTA) to take effect, during their phone talks on June 8.
VietinBank plans to increase chartered capital Business

VietinBank plans to increase chartered capital

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) planned to increase its chartered capital from its accumulated profits or paying dividend by stocks. The plan is being completed by the competent State agencies to complete the legal procedures for implementation.