Tek experts vietnam

The press conference announcing Vietnam M&A Forum 2019 This was announced by the organising board at the July 23 Hanoi press conference announcing Vietnam M&A Forum 2019. The 11th annual Vietnam M&A Forum held by Vietnam Investment Review and AVM Vietnam under the theme "Going for breakthrough" will take place at GEM Convention Center, Ho Chi Minh City on Tuesday, August 6, 2019. Accordingly, the M&A Forum will have three main sessions, namely policy dialogue, identifying breakthrough fields, and brand issue in M&A activities. Notably, in Session 1, managers and experts from the Ministry of Planning and Investment, the Ministry of Finance, the State Securities Commission, the State Bank of Vietnam, the Commission for the Management of State Capital at Enterprises (CMSC), and leaders of domestic and foreign enterprises will pool their knowledge to answer questions like "What changes do the Vietnamese government and authorised agencies need to make to create a … [Read more...] about 500 representatives to join Vietnam M&A Forum 2019

A friendly visa policy is among major reasons to help boost the Vietnamese tourism development, said Kenneth Atkinson, vice president of Tourism Advisory Board (TAB). He made the suggestion at the Vietnam Travel and Tourism Summit held in Hanoi Monday. Kenneth Atkinson, vice president of Tourism Advisory Board, at  the Vietnam Travel and Tourism Summit In 2016, Vietnam lured up to 781,000 visitors from five Western European countries, up 19% on-year, which was mainly attributed to the country’s free-visa travel for these nations. The tourist increase helped to add up to USD150 million for the Vietnamese tourism industry’s revenues in the year, according to Atkinson. Earlier, Vietnam News Agency cited Hoang Nhan Chinh, head of the Vietnam Tourism Advisory Board secretariat, as saying that Vietnam currently grants visa-waiver scheme for tourists from 26 countries. The figure is quite low compared to the visa-free travel for 57 nationalities to Thailand, 168 … [Read more...] about Expert urges for more flexible visa policy for Vietnam tourism takeoff

The Vietnamese condotel market, the only one in the region, shows serious problems because of legal deadlocks. Kai Marcus Schroter, CEO of Hospitality Tourism Management, commented that local authorities still lack necessary knowledge when assessing condotel projects. Running a condotel is not similar to operating a housing or hotel project. In the real estate market, the world once witnessed a condotel boom 15-20 years ago in the Mediterranean and Europe. But now this kind of product no longer has influence on the market. Thailand also saw a condotel boom 5-10 years ago, but there have been no new condotel projects. The investment model does not bring high profits as thought. In most Asia-Pacific markets, this product is no longer developed. The committed profit of 10 percent per annum is not seen in any other market in the world except Vietnam. The high committed profit rate is seen in Vietnam because many businesses still do not understand the operations of condotels. The … [Read more...] about Vietnam is only country still developing condotels

Assembly line of Vespa motorbikes at Piaggio Vietnam Co Ltd in Binh Xuyen industrial zone in Vinh Phuc Province. (Photo: VNA) Hanoi (VNS/VNA) - Foreign investors have been encouraged to take advantage of the double benefits Vietnam is offering through its commitments in the many trade pacts signed with other countries. Foreign investment in Vietnam is expected to increase significantly after the country signed two important trade deals – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA). According to experts, foreign investors in Vietnam will enjoy the benefits of both the international market and preferential domestic policies. The agreements also offer a great opportunity for businesses that are not from the EU or CPTPP’s 10 other member countries. When investing in Vietnam, they can take advantage of tax incentives Vietnam has agreed upon with those countries. … [Read more...] about Foreign investors can make use of Vietnam’s trade deals

As the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital. Real estate firms must seek alternative ways to raise their capital as the State Bank of Vietnam (SBV) has ordered tight control over real estate loans.  The central bank increased the risk weighting of real estate loans from 200 percent to 250 percent in 2019, which is a significant disincentive for banks to make loans to the property sector since their minimum capital requirement is a ratio of their risk-weighted assets under the Basel norms. Meanwhile, the SBV’s regulation on reducing the maximum quantum of short-term deposits that can be used for medium- and long-term loans from 45 percent to 40 percent will reduce banks’ liquidity. To that end, realty enterprises need to count on other source, especially when the interest rate risks are high. Phat Dat Real Estate … [Read more...] about Vietnam real estate firms issue bonds to raise capital