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Foreigners to be allowed to own houses in Vietnam for up to 99 years
On August 2, the Government Standing Committee met to discuss the proposed law on special administrative-economic units and changes in the land law concerning foreign ownership of property.
Companies warned about massive layoffs of workers over 35
Labor experts have issued warnings about the sacking of workers over 35 years old, especially at foreign invested enterprises (FIEs).
Big real estate developers pour money into Ha Long
Quang Ninh province still has no large-scale resorts, even though Ha Long Bay in the province is a popular tourism destination.
Can ‘underwear giant’ squeeze into the retail market?
With value of US$118 billion in 2016 and US$180 billion projected for 2020, Vietnam is listed among the world’s 30 most attractive retail markets.
Big players compete with newcomers in forwarding market
VNPost, EMS and ViettelPost, the big players in the forwarding market, are now faced with growing competition from smaller players such as giaohangso1.vn, tochanh.vn and giaohangnhanh.vn which are scrambling for market share.
Businesses’ fear of failure stifles startup culture
The high ‘fear-of-failure’ is a challenge that affects entrepreneurs in Vietnam, despite the efforts by the government to improve the business environment.
Software firms told to look for niche markets
Experts are advising software firms to spend money in niche markets.
CJ Group eyes Vietnamese food market
The great potential of the Vietnamese food market has attracted the Republic of Korean conglomerate the CJ Group.
Hotels, resorts thrive as travelers flock to Vietnam
The competition in the market is heating up and luxury hotel developers are struggling to scramble for clients. Still, the market is large enough thanks to the increasing number of travelers to Vietnam.
Wealthy Vietnamese pouring money into overseas properties
Wealthy Vietnamese are rushing to buy properties overseas for many purposes – for eventual settlement, overseas study and investment.