Society
Connectivity key
Better infrastructure and revitalized urban areas are tipped to drive growth in housing demand in Vietnam’s major cities, especially where public transport offers convenience.
Society
Ho Chi Minh City sells nearly 3,300 apartments to foreigners
According to current regulations, foreign organizations and individuals are allowed to own up to 30 percent of the apartments in a condominium building. For individual houses, foreigners can own no more than 250 units in an area with a population equivalent to a ward.
Society
To reflect practical conditions
A number of amendments are contained within the draft revised Law on Housing, including rules on homeownership by foreign organizations and individuals.
11M insurance premium revenue estimated at $8 bln
Some 85 insurance companies, including 31 non-life insurance firms, are operating in Vietnam
Court upholds death sentence for property tycoon in $27 bln bank fraud
Truong My Lan, former chairwoman of Van Thinh Phat Group, received death penalty.
Ministries, state agencies to undergo mergers in national apparatus overhaul
Five ministries and two government agencies will be included in mergers.
E-cigarettes to be banned from 2025
The move was made at the proposal of the Ministry of Health as e-cigarettes can be addictive due to its high nicotine level, and cause serious diseases such as cancer.
HCM City hosts Vietnam iContent 2024
The event provided a platform to discuss trends and solutions for promoting safe and responsible digital content creation in Vietnam.
Need for transparency in land auctions
Bidding prices at real estate auctions around Hanoi are commonly far above starting prices and greater oversight has been called for.