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Amendments to draft revised land law expected to be done in 2023: NA Chairman

August 8, 2022 by en.vietnamplus.vn Leave a Comment

NA Chairman Vuong Dinh Hue speaks at the working session. (Photo: VNA) Hanoi (VNA) – The draft Law on Land (revised) will be tabled for discussion for the first time by the 15th National Assembly during its fourth session and the amendments would be completed within 2023, NA Chairman Vuong Dinh Hue said at a working session with the Ministry of Natural Resources and Environment (MoNRE) in Hanoi on August 8. He asked the Government to send the dossier of the draft law to the NA Committee for Economic Affairs and the NA Standing Committee before September 1 to seek feedback from full-time legislators. The MoNRE should work harder to build reports on economic, social, environmental impacts as well as impacts on national defence and security, and the domestic business environment. Apart from the document, relevant laws need to be adjusted too, Hue stressed, adding that the NA Committee for Economic Affairs and the MoNRE should play the key role to help the legislature … [Read more...] about Amendments to draft revised land law expected to be done in 2023: NA Chairman

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Weighing ticker appeal for remainder of 2022

August 9, 2022 by vir.com.vn Leave a Comment

According to Hanoi-based VNDIRECT Securities JSC, the following five sectors deserve investors’ attention in the second half of this year. As Vietnam reopened the tourism industry in mid-March, the demand for food, accommodation, travel, and entertainment has rebounded. The stock firm views businesses operating in aviation, food and accommodation provision, and travel and entertainment services like ACV or AST with upbeat prospects. High export growth pins investors’ expectations on export-oriented sectors Second is the group of businesses beneficial amid a higher interest rate environment, including banks, insurance firms and those keeping huge available cash volumes like FPT, GAS, MBB, VPB, and TCB, among others. The third is the group of milk and food makers like VNM or MCH which can expect high growth prospects when the price of their relevant input materials such as full-cream milk powder, corn, and sugar is expected to be abated. Fourth is the group of … [Read more...] about Weighing ticker appeal for remainder of 2022

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Vietnamese tourism looks at niche markets

August 9, 2022 by hanoitimes.vn Leave a Comment

Travel businesses will concentrate on niche markets rather than traditional markets such as South Korea or Japan. Vietnam’s travel businesses should turn to less explored markets such as Mongolia, India, the Middle East and South America to restore and develop inbound tourism in Vietnam. Local travel businesses attend the event. Photo: baocongthuong This is one of the suggestions given by Nguyen Anh Tuan, Director of the Institute for Tourism Development Research at the 2022 National Travel Forum with the theme “Solutions to restore and develop inbound tourism in Vietnam” on August 8 in Ho Chi Minh City. Tuan pointed out some international tourism trends in Vietnam in the new context, in which travel businesses need to pay more attention to the niche markets. Being of the same mind, Nguyen Thien Phuc, Director of Product Research & Development at Vidotour Indochina Travel, said in the context that traditional markets have not recovered, especially the … [Read more...] about Vietnamese tourism looks at niche markets

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Hanoi-Vientiane trade and investment conference to take place on August 10

August 9, 2022 by hanoitimes.vn Leave a Comment

The conference underlines the unique and significant friendship between Vietnam and Laos, as well as the long-standing Hanoi-Vientiane relations. Hanoi's authorities plan to hold the Hanoi-Vientiane investment conference and a trade fair to promote specialties and products from the two capitals on August 10. A conference was held between the authorities of Hanoi and Vientiane last November. Photo: The Hanoi Times The municipal People’s Committee issued plan No.207 on the plan to hold the event on the occasion of Vietnam-Laos 2022 Solidarity Year, which is aimed at providing information on socio-economic development, potential, and investment policies from the two cities, along with a trade fair to introduce products and services. “The conference underlines the unique and significant friendship between Vietnam and Laos, as well as the long-standing Hanoi-Vientiane relations. In addition, this would strengthen the close ties between two Parties, two countries, … [Read more...] about Hanoi-Vientiane trade and investment conference to take place on August 10

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BM PLASCO honored in Forbes Vietnam’s Top 50 best listed firms

August 9, 2022 by ven.vn Leave a Comment

BM PLASCO is the only firm in the sector of building materials specializing in plastic pipes and plastic pipe fittings to be included on this year's list. This is a remarkable milestone for the company's 45-year effort. In 2021, BM PLASCO reached a revenue of VND4,552 billion and a profit of VND 214 billion. In the first half of 2022, the consolidated revenue of the company has reached VND2,911 billion with VND341 billion profit, an increase of 11.5 percent and double respectively y-o-y. These are outstanding figures that demonstrate the firm's stability and durability during the post-pandemic business recovery era and establish long-term goals for the future. Nguyen Thanh Hai, BM PLASCO’s Deputy Sales General Director, said: “Along with the continual development of science and technology, the Vietnam market has seen a growing number of plastic - construction materials which not only focus on quality but also design and convenience of use. Founded on a firm basis, BM PLASCO … [Read more...] about BM PLASCO honored in Forbes Vietnam’s Top 50 best listed firms

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