Savill Vietnam's spotlight for the second half of 2020 forecast unit prices to benefit further from infrastructure upgrades. Average asking prices have increased 4 per cent per year over the last five years. At the same time, infrastructure development eases living farther out. When complete, the metro and ring roads will see this trend accelerate. The framework for public-private partnerships was simplified in 2020. Political stability and speedier decision-making will see greater spending on key infrastructure projects. The GSO estimates that for every 1 per cent point increase in public investment, GDP will move up 0.06 per cent points. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
Circular economy articles
Egypt’s newspapers highlight Vietnam’s achievements
Vietnamese economy was still growing by 2.91 percent, and Vietnam is in the group of countries with the highest growth rate in the region and in the world, it said.13th National Party Congress is not only significant to Vietnam's development in the coming years, but also opens up new prospects for further promoting relations between Vietnam and countries in the Middle East - Africa, including Egypt. … [Read more...] about Egypt’s newspapers highlight Vietnam’s achievements
German research institutes hail Vietnam’s achievements
Berlin (VNA) - Major German research institutes and foundations have spoken highly of Vietnam's efforts in fighting COVID-19 and boosting economic development on the threshold of the 13th National Party Congress, and highlighted priorities of the country’s leaders in the next five years. In an article published on the website of Hanns Seidel Foundation, which is among the leading political research foundations in Germany, author Magdalena Knödler noted that the 13th National Party Congress, one of the most important political events of the country, will be slated for late January in Hanoi. During the Congress, a socio-economic development strategy for the 2021-30 period and development policy goals for the upcoming five years will be put forth, along with orientations on the country's policies regarding internal and external affairs. Streets have been decorated with banners, posters and national flags. Knödler remarked that 2020 was a difficult year for Vietnam. … [Read more...] about German research institutes hail Vietnam’s achievements
Bao Minh Insurance plans to divest from MBB
In the third quarter, MBB reported an increase of 6.1 per cent year-on-year to more than VND6,735 trillion in revenue. The bank’s profit after tax rose 8.3 per cent to VND2.357 trillion. In the first nine months of last year, the profit after tax climbed 6.4 per cent year-on-year to nearly VND6.332 trillion. … [Read more...] about Bao Minh Insurance plans to divest from MBB