$6.7 billion of FDI had invested in Vietnam, Singapore tops foreign investors
InvestmentIn the first quarter of 2024, Vietnam attracted $6.17 billion in registered capital foreign direct investment (FDI). Singapore’s capital totaled $2.55 billion, accounting for 41.3% of all investment capital.
Difficulties gradually on the wane in real estate sector
MarketThe real estate market boasts great expectations ahead of a series of amended laws and favourable interest rate policies.
Major advances offered in new real estate business rules
PolicyThe Real Estate Business Law in Vietnam introduces significant amendments compared to its predecessor, with a particular emphasis on the rights and responsibilities of foreign investors.
$2.36 billion of FDI flows into Vietnam in January
InvestmentVietnam had $2.36 billion registered in FDI in January 2024.
Việt Nam’s economy poised for 6% growth in 2024, fueled by export recovery: AMRO
MarketViệt Nam’s economic outlook for 2024 is anticipated a 6 per cent growth, driven by a rebound in exports, AMRO forecasts.
Counter-cyclical fiscal policy recommended to continue in 2024
PolicyAccording to experts, in 2023, although there were still many difficulties in promoting economic growth, the positive effects of fiscal and monetary policies were shown.
Real estate market prepares for renewal from 2025
MarketAlong with positive changes in the macroeconomic picture, real estate players are pining for 2025 when new laws come into play.
Industrial real estate market thriving on FDI flow: insiders
InvestmentDespite formidable challenges for the real estate market in 2023, industrial property market has stood out as a bright spot that has maintained its growth momentum on the back of the foreign direct investment (FDI) flow, according to insiders.
VAT to be reduced by 2% from January 1
PolicyThe value-added tax (VAT) for most of goods and services will be cut by 2% from January 1, 2024.
Banks repurchase significant amount of bonds before maturity
MarketCommercial banks have spent trillions of Vietnam dong to buy back bonds before maturity in the last months of this year.
Hanoi’s CPI up 2.04% in 2023
MarketHanoi’s consumer price index (CPI) in 2023 is estimated to increase 2.04% year-on-year, according to the Hanoi Statistics Office.
Vietnam has room to develop high-value manufacturing: Cushman & Wakefield
MarketVietnam’s high-value manufacturing is expected to grow, with the government intent on increasing manufacturing’s share of the economy from 25% to 30% by 2030 by attracting more high-value manufacturing investment, said the “Strength through Diversification: Opportunities across Asia Pacific” report by Cushman & Wakefield.
Bank bad debts forecast to remain under great pressure in 2024
MarketThough the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as bad debts are rising.
Bắc Giang speeds up public investment disbursement
InvestmentBắc Giang ranks 10th in the country in terms of disbursement rates among the group of 27 provinces and cities with higher disbursement rates.
Southern industrial real estate sees high demand in Q3
MarketThe industrial real estate market in the south was vibrant and thriving in the third quarter of 2023, with the rental area reaching 143,000 sq.m, up 2.4 times compared to the previous quarter.
“Significant” land division changes set
PolicyThe new regulations issued under the Real Estate Business Law to tighten land subdivision are hoped to have a strong impact on land plots nationwide.
Vietnam among countries with high economic growth rates: experts
Market2023 continues to be a tough year for the world economy as COVID-19 pandemic has still taken heavy tolls while a series of new challenges have emerged, including geopolitical conflicts, tight monetary policies in major economies and world economic slowdown.
