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M&A deals to boost non-life insurance industry
The non-life insurance sector has seen a flurry of merger and acquisition (M&A) deals over the past two years, partly reflecting the attractiveness and keen competition of the market, which still has room for growth.
Cars in Vietnam not coming cheap
Vietnamese automobile prices are substantially higher than those in other regional countries because of high taxes and low output, according to the Ministry of Industry and Trade.
Domestic poultry sellers face tough competition from imported chicken
The value of imported chicken meat reached US$237 million with about 178,000 tonnes last year.
Enterprises expect poor performance in Q1 due to weak macro data
Many enterprises forecast less optimistic business results in the first quarter of the year, due to weak domestic macro data in the first few months.
International furniture expo opens in HCM City
The 14th Vietnam International Furniture and Home Accessories Fair (VIFA EXPO) opened in Ho Chi Minh City on March 8.
Global Minimum Tax a head-scratcher for Vietnamese policymakers
As many countries plan to adopt the Global Minimum Tax Rate (GMTR) in 2024, experts are concerned that the entry into force of the rate would discourage foreign companies from locating their operations in low-tax countries.
Affordable home buyers to get loans with lower rates
Affordable home buyers can access preferential loans at rates 1.5-2% lower than the market average as part of a credit package worth around VND120 trillion (US$5.02 billion).
HCM City condo supply down in 2023
The condominium supply in Ho Chi Minh City will reach a record low in 2023 with only about 9,000 new units from 200 projects, experts said.
Central bank grants first credit growth quota for banks in 2023
The State Bank of Vietnam (SBV) has recently granted the first credit growth quotas in 2023 to a number of banks, with a majority of them receiving lower rates than last year.
Water industry to see multiple M&As
The water industry is set to witness a flood of M&A in the near future as many big players plan to stretch out in the southern region.