The real estate buying power of Viet Kieu (overseas Vietnamese) increased rapidly as soon as the new policy on allowing Viet Kieu and foreigners to buy houses in Vietnam took effect.

(VOV) - The US Department of Commerce (DOC) has made its final decision on reviewing anti-dumping duties on polyethylene (PE) bags imported from Vietnam, the Vietnam Competition Authority (VCA) announced on August 19.

Investment inflows into the property sector has surged, especially credit from banks, said Nguyen Tran Nam, former deputy minister of Construction and chairman of the Vietnam Real Estate Association (VREA).

(VOV) - The State Bank of Vietnam (SBV) raised its USD/VND reference rate by 1% to 21,890/USD on August 19, the third adjustment to-date this year. 

The resort real estate market is scorching hot with investors rushing to inject money, but experts warn that the hot growth may not be sustainable.

(VOV) - Kinh Do Binh Duong JSC has announced that it has shipped 20 tonnes of moon cakes (around 100,000 pcs) to the US to prepare for the upcoming mid-Autumn festival. 

(VOV) - As a consequence of China’s devaluation of its currency, the yuan, last week by roughly 4% against the US dollar, Vietnam exporters will struggle to remain price competitive in both the domestic and overseas markets.

The Ministry of Finance (MOF) said that Vietnam’s public debt was still within the safety line but economists say they can see high risks.

Cars with various engine displacement values are expected to enjoy a rebate in the special consumption tax in Vietnam as of July 1, 2016, according to a revised draft on Tax Law issued by the Ministry of Finance recently.

A real estate bubble of the kind seen in 2007 is not likely to occur this year or 2016, according to Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HoREA).