Though the second wave of COVID-19 dashed hopes for quick tourism recovery in 2020, real estate services firm CBRE Vietnam believed the industry’s long-term outlook remains positive. In a recent hotel insights report, CBRE Vietnam said the outlook for Vietnam’s hotel sector remains positive in the long run thanks to expected improvements in infrastructure, favourable […]
Read MoreReal estate firms are again postponing sales and investment plans after new Covid-19 cases were discovered in late July in Da Nang. According to experts, bad signs appeared in the real estate market at the beginning of the year. And the Covid-19 outbreak worsened the situation quickly. Realtors hoped that the market would see a […]
Read MoreThe Ministry of Finance has proposed amendments to the decree about casino businesses to create favourable conditions for investors. The Ministry of Finance has proposed amendments to the decree about casino businesses to create favourable conditions for investors. The regulation for the eligibility to run casino business, including minimum capital of US$2 billion for a casino […]
Read MoreAround 90%-95% of travel companies in HCM City have suspended operations due to the Covid-19 pandemic. According to the municipal Department of Culture, Sports and Tourism, only 5% of travel firms in HCM City are still operational to settle debts with their partners and customers. Their staff have to work online at home on rotation […]
Read MoreDevelopment of coastal industrial zones appears to be the right move to take advantage of incoming FDI. BW Industrial, a joint venture between Warburg Pincus and Becamex IDC, has followed famous realtors’ moves to set up an IZ on Dinh Vu Peninsula in Hai Phong City. The project is hoped to open this September. Prior […]
Read MoreThe number of transactions via e-wallets in Vietnam in the first quarter of 2020 increased highly with a total of 225 million transactions. The State Bank of Vietnam (SBV) has licensed 37 payment intermediaries, including 34 e-wallets, said Mr. Le Anh Dung, Deputy Director of the SBV’s Payment Department. By the end of the first […]
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