Supply of ready-built factories and warehouses in southern Vietnam will increase by 28 percent this year to 2.7 million square meters. As more companies arrive from China after the pandemic, supply will rise by 25 percent to two million square meters in the north. The trend of companies seeking to reduce supply chain dependency on […]
Read MoreJUTEC Corporation of Japan is planning to co-operate alongside a Vietnamese partner as they seek to set up a joint venture, with JUTEC set to contribute 50% to expand its business operation in the local real estate market. The joint venture is expected to offer management and operation services for apartments that fall in line […]
Read MoreHanoi FDI aims to attract a total investment of US$38.3 million in the first half of 2020, equivalent to 64% of the figure in the same period last year. The capital comes from five new projects totaling nearly US$15 million, and 10 capital-added projects worth a combined US$23.3 million. Le Quang Phong, vice head of the Management Board […]
Read MoreThe number of property projects in Hau Giang Province surpasses actual demand, experts have said. Hau Giang Province has 62 real estate projects that have been approved for development in addition to many existing projects, according to the provincial Department of Construction. Vi Thanh City, with a population of around 200,000, has 21 new projects […]
Read MoreDemand for cold storage is increasing due to the lower consumption of food during the COVID-19 pandemic. Food accounts for about 80 percent of cold storage demand in Vietnam, according to data. However, that figure is rising as the F&B industry suffers and food export orders are cancelled. From mid-March, the demand for cold storage […]
Read MoreThe Ministry of Finance has suggested adding four sectors into the list of industries eligible for extension of tax and land lease payment deadlines with a total sum of 180 trillion VND (7.82 billion USD). After collecting feedback from ministries, agencies and localities, Minister of Finance Dinh Tien Dung on April 3 signed Official dispatch […]
Read MoreQuang Yen Economic Zone located in the northern province of Quang Ninh has been approved to be added to Vietnam’s coastal economic zones development planning to 2020. Quang Yen Economic Zone (EZ) will be implemented according to regulations, ensuring that it will not impact the environment, national safety and defense, as well as the forest […]
Read MoreElectricity of Vietnam (EVN) is seeking investors in new electricity projects, including solar power plants on reservoirs, in an effort to ensure the safe and stable operation of the country’s electricity market. Home to nearly 7,000 reservoirs covering millions of square kilometres, Vietnam has the conditions necessary to develop solar power plants on water surfaces, […]
Read MoreTan Son Nhat airport ‘s third terminal was approved for investment of VND 10.99 trillion ($472 million) by Prime Minister Nguyen Xuan Phuc. Construction on the project is expected to begin in October 2021. The state-run Airports Corporation of Vietnam (ACV), which manages 22 civil airports in the country, has been approved to be the project investor. It will […]
Read MoreVietnam’s ICT-related services group FPT Corporation is looking like the clear favourite to develop the central province of Binh Dinh’s ambitious AI hub, which is planned to turn it into a regional and global powerhouse in AI development. The corporation is reportedly working with the central province to join its project on building its hallmark […]
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