The supply of industrial property in the south is expected to rise further in the next five years to capitalise on the increasing demand in the region, and further strengthen its leading position in terms of supply, according to JLL Vietnam.
The Hanoi People’s Court will reopen a trial for ex-minister of industry and trade Vu Huy Hoang and nine accomplices on April 22 for violations at the ministry and in Ho Chi Minh City that caused losses of over VND2.7 trillion (US$112.5 million).
The real estate market remains feverish not because of high demand and short supply, but because of speculation, experts have said.
Many Chinese investors operating in the southern province of Binh Duong have put forth proposals to the provincial People’s Committee regarding the minimum wage, the land fund for warehousing, and investment procedures at a recent online investment promotion workshop.
The Ministry of Construction (MoC) and the Ministry of Natural Resources and Environment (MONRE) have requested provinces and cities review State management on land prices amid 'land fever' in some localities.
The sudden increase in demand for land, factories, and warehouses in Vietnam has pushed up rental costs at industrial parks (IPs) near major cities, according to Savills Vietnam.
Four Vietnamese were among the five workers awarded the title of excellent foreign construction workers of Japan’s Ministry of Land, Infrastructure and Transport during a ceremony held on March 23.
Permanent members of the Government on March 15 looked at the removal of ports along the Sai Gon River and Ba Son Shipyard in Ho Chi Minh City, in line with the Prime Minister’s Decision No. 46/2010/QD-TTg.
Nearly VND246.449 trillion (over US$10.7 billion) in taxes was collected for the State budget in the first two months of 2021, equivalent to 22.1% of the estimate, according to the General Department of Taxation.
The Ministry of Finance has announced it may further extend tax payment deferrals to support companies suffering from the COVID-19 pandemic this year.