Vietnam china 99 year lease

The figures indicate that Ho Chi Minh City attracted the highest number of foreign buyers throughout the five-year period, accounting for approximately 80% of the total number of homes purchased by foreigners throughout the country. According to the HoREA, foreign nationals mainly bought houses from large property developers such as Vingroup, Novaland, Phu My Hung, CBRE, and Hung Thinh, with these firms selling a total of 10,571 properties, making up 86% of the overall figure. … [Read more...] about Foreigners purchase 16,000 houses in Vietnam over five-year period

PVD, for instance, has been poring over a hefty dilemma. Due to pandemic lockdowns in Malaysia, the arrival of high-skilled labourers to Vietnam has been restricted, bringing about shortcomings in labour resources. Currently, many Malaysian experts are working on PVD projects in Vietnam. Moreover, due to the plummeting demand for oil, PVD’s customers have tended to lessen or extend the timeline for exploitation, affecting the progress of its drilling rigs. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 15

Vietnamese products need to meet the requirements to enjoy tariff reductions under the EVFTA such as certificate of origin and traceability. How will the growth of Vietnam’s export turnover from the EU effect the logistics industry now that the EVFTA is in force? It cannot be denied that the EVFTA will boost Vietnam’s export turnover to the EU, which will result in strong growth in the logistics industry. The EU has been one of Vietnam’s major export markets with Vietnam’s export turnover to the EU constantly surging from 2000 to 2019. … [Read more...] about Logistics sails for new horizons with historic EU-Vietnam deal

Apple moved around one third of its production of wireless headphones to Vietnam. Meanwhile, Google and Microsoft have accelerated their plans to relocate part of their hardware production to the country. As for Samsung, Vietnam has been an important production location for years as more than half of its phones are made in factories in the country, the article said. … [Read more...] about German newspaper highlights Vietnam as attractive investment destination

In the world market, the export price of Indian rice has reached its highest level in the past one year due to strong demand from African and Asian countries. The price of Thai rice decreased in the past month due to an increase of new suppliers and fierce competition from cheaper suppliers in India and Vietnam. … [Read more...] about Vietnam’s rice export prices at two-year high