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The cars to be imported from ASEAN countries under the mode of complete built units (CBU) would reduce to 50 percent from 2014. If the domestic taxes and fees remain unchanged, the prices of imports at which Vietnamese can buy would be much lower.
The dollar prices quoted by commercial banks since the beginning of June have always been hitting the ceiling levels. Is it now the time to adjust the dong/dollar exchange rate?
A lot of businesses say they have to borrow money from commercial banks to pay to workers.
Vietnamese property investors seem to be more confident in engaging in merger and acquisitions (M&A) in golf courses as some foreign companies facing financial difficulties in their developed nations are opting out of the sector.
The number of profitable businesses managed by Nguyen businessmen was five times higher than the unprofitable ones. However, not all of them felt satisfactory about the business performance in the first three months of the year.
Ten years after receiving the first job websites, Vietnam has witnessed the boom of job websites in recent years together with the Internet boom.
Five days after the capital city agreed to grant certificates of land-use rights and house ownership to overseas Vietnamese and foreign home buyers, there have been no signs that anyone is interested.
Since commercial banks have lowered the interest rates, depositing has become less attractive in the eyes of investors. They may withdraw money from banks to put into production and business projects, or invest in securities as the stock index is on the rise.
HCMC focuses on only 23 key traffic projects in the period from now to 2015, according to a decision on adjustments to the city’s traffic development plan until 2020 made by the Government last week.
Becamex Tokyu Co. Ltd. last Friday launched the sample apartment of Sora Gardens, a component of the US$1.2-billion urban project Tokyu Binh Duong Garden City, and started offering the first apartments of this project.
The agreement was reached by Warburg Pincus Consortium, Warburg Pincus’ financial arm, and Vingroup, which is coded VIC on Ho Chi Minh Stock Exchange.
Vingroup (VIC), said the deal was completed with a total transaction value is VNĐ 9823 billion, equivalent to $470 million. Transferee is Vietnam Infrastructure And Property Development Group (VIPD Group).
Credit Suise Fund (Hong Kong) announced that it has acquired a 13.64% stake in Hoang Anh Gia Lai Corporation (HAG) by purchasing 73.3 million shares on 28/5. Before the transaction, the fund holds only 12 HAG.
Ho Tram Project Company (HTP), a wholly-owned subsidiary of Asian Coast Development (Canada) Ltd and developer of the Ho Tram Strip, has announced that its first resort, located around two hours from Ho Chi Minh City, will open on 26th July 2013 and operate under the name 'The Grand – Ho Tram Strip'...
On the development orientation of Ho Chi Minh City in the future, Thu Thiem New Urban Area will play a special role in the City’s growth. Together with the existing Center, Thu Thiem New Urban Area will not only be a large economic, financial center of Ho Chi Minh City and Vietnam but also of the Southeast...
Singapore has been approved to build the No. 5 industrial zone in Vietnam, with total investment capital is 330 million U.S. dollars.