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National Assembly weighing plan to tax second homes
National Assembly (NA) committees all want to tax second and subsequent houses purchased to restrict speculation, but it is still unclear when the tax would be applied.
Is Vietnam’s aviation sector becoming too hot?
Minister of Transport Truong Quang Nghia’s view that it is necessary to tighten control over flight licensing to pave the way for development of other modes of transport has raised controversy.
Experts warn of security vulnerability in partners’ systems
It is estimated that hackers cause losses of VND8 trillion to Vietnam each year.
Banks fear new law may hinder debt collection
Commercial banks said the 2015 Civil Code, to take effect on January 1, 2017, stipulates that if asset holders refuse to hand over their assets, which act as collateral for loans, banks will only have the right to sue for assets.
How will the real estate market perform in 2017?
While some experts believe the real estate market will be active in 2017, others think the market will cool down and encounter difficulties.
Will locally assembled Kamaz trucks dislodge Chinese products from Vietnam?
Kamaz has announced it will continue assembling trucks in Vietnam, a move which may help dislodge Chinese trucks from the Vietnamese market.
Red River master planning set in train
Sun Group, Vingroup and the Hanoi Export-Import Company (Geleximco) will provide the finance for Hanoi to prepare a master plan for the Red River renovation project.
How is the once ‘powerful trio’ of banks doing now?
ACB, Sacombank and Eximbank, the three most influential banks in the south, like MB and Techcombank in the north, are encountering serious difficulties.
Advertising agencies to earn high profits from ads on vehicles
Unlike the billboard ad sector, which has been quiet since the Ad Law took effect in 2013, the number of advertisements on transport vehicles has been increasing.
How much is a cup of coffee?
With the cost price accounting for only 20-25%, high-end coffee chains are making big profits selling coffee at VND40-90,000 per cup.