The Kumho Asia Plaza will start construction of a new food emporium- Kumho Link on the area of the old retail space soon this month after approval from the Ministry of Construction. The intention for the refurbishment was announced by two main investors: Kumho Asiana Plaza Saigon Company and management firm Colliers International Vietnam in [...]
In addition to a golf course which has recently been approved to be built inside Ho Chi Minh City’s Tan Son Nhat Airport, another is planned for Hanoi’s Gia Lam Airport. The 1/2,000-scale model of the Long Bien golf course and services project has already been approved by the Hanoi People’s Committee, and the investor [...]
The labor market has become scorching hot as many workers have left their enterprises due to the too low wages, which cannot support their lives in the context of high inflation. The high consumer price index (CPI) increased in the first six months of the year has badly affected the labor market, according to the [...]
A seminar on promoting trade ties between Vietnam and Thailand was held in Ho Chi Minh City on June 30 by the Vietnam Chamber of Commerce and Industry (VCCI) in co-ordination with the Thai Ministry of Industry. Surasith Bungbhisand, Deputy Director of the Thai Department of Industrial Promotion, noted that the trade ties between Vietnam [...]
Vietnam-Cambodia Trade and Investment Fair 2011 opened at the Mondial Centre in Phnom Penh on June 29 as one of regular activities to promote bilateral trade and enhance the prestige of Vietnamese products and businesses in Cambodia. Addressing the opening ceremony, the Secretary of State at the Cambodia Ministry of Commerce, Mao Thora, said the [...]
One of the solutions to stabilize the real estate market is to diversify the housing structure, according to experts. Many real estate projects have seen prices falling sharply as people hope that housing land prices will follow a downward trend. However, experts argued that the real estate market remains in a fix but it is [...]
Current social housing regulations need further revision. Under existing laws, social housing owners are illegible to sell and rent their houses. A violation was currently unveiled in Hanoi’s Ha Dong district associated with a social housing project for low-paid people. Accordingly, owner Cao Thi Loan sold her apartment at the residential complex for low-income people [...]
When the Financial Times reported that Switzerland enjoyed a $3.9 billion trade surplus in May due to less gold jewelry export from Vietnam, it caught the eyes of many Vietnamese economists. The disappearance of the gold ornaments imported from Vietnam shaved Switzerland 918 million francs ($1.1 billion) off imports, said AFP, citing Swiss customs. So, [...]
Closing the last trading session of June, the VN Index lost another 2.06 points or 0.47 percent to 432.54 pts. The market liquidity reached only 22.94 million shares worth 387.43 billion dong, falling 55 billion dong from the previous trading session. At the closing time, the market saw 78 gainers, 160 losers. Almost key stocks [...]
Over 200 delegates from 11 countries participated in a conference on mineral potential of Vietnam held in Hanoi on June 28. Deputy minister of Natural Resources and Environment Nguyen Linh Ngoc informed that Vietnam boasts rich mineral reserves, but has not been exploited effectively. Vietnam has many kinds of minerals like Vonfram, lead, zinc, titanium, [...]
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