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Da Nang allows foreigners to buy houses in 17 projects The Construction Department of central Da Nang city has listed 17 commercial housing projects in which foreign organisations and individuals can buy units. The projects include Blooming Tower, Golden Square complex, Quang Nguyen Apartment complex, Thuy Tu urban area, Harmony Tower, and Da Nang FPT Technological Urban Area. The city also disallows foreigners from owning property in three projects, namely F-Home Apartment complex, Da Nang Diamond Tower, and IndoChina Riverside Tower. The department suggested the Department of Natural Resources and Environment and relevant agencies review the grant of licences to foreign organisations and individuals in projects that are off-limits to foreign buyers./. Coffee exports fall by over 11 percent in Q1 Coffee exports earned 771 million USD for Vietnam in the first quarter of 2021 In March alone, 145,000 tonnes of coffee were shipped abroad, bringing home 275 … [Read more...] about VIETNAM BUSINESS NEWS APRIL 14

Vice Chairman of the National Traffic Safety Committee Khuất Việt Hùng Vice Chairman of the National Traffic Safety Committee Khuất Việt Hùng talks to Vietnam News Agency about proposals to the Government to promote green and environmentally friendly traffic in Việt Nam. Electric cars are a current trend around the world. What do you think? It is an irreversible trend. Electric cars are a choice for the present and the future. And we can feel it by the way the market responds positively to VinFast's electric scooter products (when the company put the product on sale, there were 4,000 orders after 12 hours). It is not only the credibility of the market with a car manufacturer, but also because people are really looking forward to and excited about electric cars. In the world as well as in Việt Nam, environmental issues are becoming more urgent. Encouraging people to switch to low-emission vehicles such as electric cars, electric motorcycles, electric buses and trains … [Read more...] about Supporting policies to develop electric cars needed: official

Self-contained large-scale pig farms combined with fish farming and rice cultivation has brought tens of billions of VND, or $1 million each year, to Ninh Binh farmers. Dreaming of getting rich from agricultural production, Tran Van Chinh in Nhu Hao commune decided to give up a job as a civil servant in Bien Hoa City and returned to his home village to start a business. There was not much land in the village. With the money he saved after many years, he bought a truck to provide transport service to farms in the district. After a period of working with large farms, realizing the great potential of the market, he decided to sell the truck and leased land in Nhu Hoa commune to set up a pig farm. In late 2012, he built a farm which specialized in raising super-lean pigs. In the first years of farming, the pork market was stable which allowed him to earn big money from pig sales. But trouble came in 2017 when the pork prices dropped dramatically because of the epidemic and … [Read more...] about Pig farmers become millionaires

Given its status as Vietnam’s major economic hub, improvements in administrative reform in Hanoi would have significant impact on the overall economy, said an expert. Hanoi remained in Vietnam’s top 10 business-friendly localities for a third year running, standing at 9th out of 63 provinces/cities with score of 66.93 in the country’s Provincial Competitiveness Index (PCI) 2020 report. Director of VCCI's Legal Department Dau Anh Tuan at the launch. Photo: Nguyen Tung “An unchanged rank means Hanoi continue to be one of the country’s top destination for businesses, but more efforts are needed if the city wants to climb higher in the ranking,” Dau Anh Tuan, director of the Legal Department under the Vietnam Chamber of Commerce and Industry (VCCI) told Hanoitimes on the sidelines of the PCI 2020 report launching today [April 15]. “In the past, the city had made significant breakthrough in terms of the Entry Cost [a PCI sub-index] by adopting technologies for … [Read more...] about Hanoi named in Vietnam’s top 10 business-friendly localities