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Real estate developers in small provinces do big business
Though provincial real estate developers are less known than bigger firms in Hanoi, HCMC and Da Nang, they are rivals with powerful financial capability.
Retail premises in HCM City’s CBD in high demand
Even though retail premises in the central business district (CBD) of Ho Chi Minh City are becoming more scarce and the rents are increasing, premises far from the center are still unpopular with new retailers.
Vietnamese fast fashion market a gold mine
The opening of a number of foreign fast fashion brands in Vietnam have lowered the already small market share held by Vietnamese brands.
Smartphone manufacturers gear up for mid-range segment
Mid-range smartphones are offering affordable prices and attractive features as manufacturers prepare for competition in the market segment.
Will Thai giant take over Binh Minh Plastics?
The State Securities Commission (SSC) has approved a plan to lift the foreign ownership ratio ceiling in Binh Minh Plastics (BMP) to 100%. Analysts believe that Nawaplastic Industries (Saraburi) from Thailand will be a candidate in the race for control of BMP.
Gov't offers foreigners opportunities to buy into Vietnamese banks
With attractive incentives from the Government, the opportunity for foreign investors to own 100% of a Vietnamese bank has never been better.
Labor quality is big problem for Vietnam: reports
Vietnam is in the ‘golden population period’ with a high number of working-age people, expected to last from 2010 to 2040. However, the quality of the labor force is not ‘golden’, say experts.
Overseas graduates also struggling to find jobs
Graduates from overseas universities tend to require higher salaries than the average level, even though they don’t have much working experience.
Overspending, not loss of revenue, is cause of budget deficit: economists
The Ministry of Finance’s (MOF) plan to raise taxes has been facing fierce criticism from economists who believe that the real reason behind the plan is not tax reform, but just money to cover expenditures.
“The Colors of Dong Thap” at Vietnam Museum of Ethnology
The beauty of Dong Thap Province in the Mekong Delta, especially its Dong Thap Muoi inland wetland, has been an inspiration for generations of Vietnamese writers and poets.