Hanoi (VNA) – Despite difficulties from the COVID-19pandemic, the real estate market has maintained stability thanks to supportpolicies from the Government.
According to the Ministry of Construction, the Governmentand ministries, sectors have issued a number of legal documents regarding theimplementation of real estate investment and construction projects, while banks have offeredpreferential policies to give financial support for investors and house-buyersin the field.
Notably, the Government issued Decree 54/2021/ND-CP on May21, 2021 detailing regulations on environment impact assessment, which isapplicable to organisations, individuals engaging in investment activities.
Vu The Hung from the Vietnam Environment Administrationunder the Ministry of Natural Resources and Environment, held that this is anecessary step in the process of issuing an investment licence for a project,removing difficulties facing investors and ensuring the coherence of regulations on investment and environment.
Meanwhile Decree 69/2021/ND-CP, which will become effectivefrom September 1, is expected to deal with obstacles in the upgrading of oldapartment buildings.
At the same time, the social housing development programme hasreceived due attention from the Government, ministries and sectors.
Decree 49/2021/ND-CP, issued on April 1, 2021 to replaceDecree 100/2015/ND-CP issued on October 20, 2015 on developing and managingsocial housing is hoped to remove difficulties in social housing expansion,meeting the people's demand of houses with stronger support from creditinstitutions.
Meanwhile, the State Bank of Vietnam has issued Decision 697/QD-NHNNdefining the interest rate of 4.8 percent per year for loans for purchase andrenting of low-cost houses as well as upgrading their houses.
Financial support has been offered to investors andhouse-buyers from banks with cut in interest rate.
Experts held that the decrees and decisions as well asguiding circulars of relevant ministries and sectors from early 2021 will helpthe real estate market thrive despite impacts of four waves of COVID-19pandemic./.
Banks will continue to tighten lending in risky sectors including securities, real estate, financial, and tourism business, seeing higher credit risks in the remaining months of this year, a survey carried out by the Monetary Forecasting and Statistics Department has said.
Vietnam's real estate prices have increased rapidly in the past two years despite the difficulties caused by the COVID-19 pandemic, which reduced the incomes of the majority of the population, experts have said.
As Ho Chi Minh City grapples with the COVID-19 outbreak, hotels have actively adapted to the situation by offering paid quarantine services to maintain their operation.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Illustrative image (Photo: VNA) 
