The Vietnamese condotel market will not recover at least until 2025 due to excess inventory, according to insiders.

Vietnam’s economy started the second half of this year with positive signals which are expected to pave the way for a better recovery in the coming time.

Prime Minister Pham Minh Chinh highlighted joint efforts by ministries, agencies, businesses and people in handling pending issues related to the real estate market while chairing an online conference on August 3.

The Vietnam Grand Sale 2023 will take place across the country from December 4, 2023 to January 1, 2024.

Experts, management officials and business representatives gathered at a conference in Hanoi on July 26 to discuss measures to promote startups following the circular economic model to benefit the society and businesses in a sustainable manner.

Vietnam’s export turnover is estimated to reach US$29.3 billion in June, a month-on-month rise of 4.5%, which shows that the market is gradually recovering thanks to trade promotion activities, according to the General Statistics Office.

Ministers of Suriname have commended Vietnam’s outstanding development while receiving Ambassador Pham Thi Kim Hoa, who came to bid farewell at the end of her tenure.

Prime Minister Pham Minh Chinh on July 15 ordered prioritising capital for production and trade to fuel growth in tandem with stabilising macro-economy, controlling inflation and Government and public debts while ensuring major balances of the economy.

Consumers and producers are happy to see the implementation of the 2% reduction of value-added tax (VAT) for products starting from July 1.

VOV.VN - Despite encountering numerous difficulties this year, especially the impact of complications globally, the national economy is now showing positive signs moving towards the second half of the year, Minister of Planning and Investment Nguyen Chi Dung has said.