Vietnamplus

Up to 80 percent of real estate trading floors have resumed operations, along with the establishment of new ones, according to the Ministry of Construction (MoC).

The Vietnam e-Commerce Association (Vecom) said that a number of regulations in Circular 40 were not yet feasible, which could impact activities of hundreds of thousands of individuals doing business on e-commerce floors.

Officials from the State Bank of Vietnam (SBV) and the Ministry of Public Security have warned that investment in foreign exchange (forex) trading floors is extremely risky and not protected by the country's law.

The COVID-19 pandemic has become a golden opportunity for e-commerce trading floors, as well as social networks such as Facebook. However, the country has lost billions of dong in tax revenue due to e-commerce as there are no specific regulations on the sector.

The transaction volume on the domestic real estate market dropped to a four-year low for Q1 due to the impacts of the COVID-19 pandemic, and many real estate trading floors have temporarily closed, according to the Vietnam National Real Estate Association (VNREA).

The Ministry of Finance is building a draft scheme on the management of e-commerce activities for imports and exports.

Vietnam exported 943,000 tonnes of coffee worth 1.6 billion USD in the first half of 2019, representing decreases of 9.2 percent and 19.9 percent year on year, respectively.

Since the long Lunar New Year (Tet) holiday, real estate market across the country has been bleak, forcing realty and brokerage firms to seek out new supplies to sell.

The consumer-to-consumer (C2C) market in Vietnam will become a space for global tycoons following many recent investment deals with Vietnamese enterprises.

Almost a third of more than 4,100 enterprises surveyed in Vietnam do business on social networks, a slight decrease from the previous year, according to a survey conducted by Vietnam E-commerce Association (VECOM).

The business-to-consumer (B2C) e-commerce sales in Vietnam reached 4.07 billion USD last year, increasing 37 percent compared to that of the previous year.

Vietnamese shares rose for a second day, boosted by positive company news for individual stocks.