
Overview of Industrial Real Estate Market in Quarter 1/2020
According to JLL’s Market Overview Report, the number of inquiries is still significant but the transaction is stalled because of Covid-19 outbreak. In Q1/2020, the demand for land is still high thanks to Vietnam’s good industrial development background in previous quarters. However, from February 2020 when the COVID-19 outbreak began, the restriction of movement among
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The European Council adopted EVFTA Agreement
On March 30, 2020, the Council of Europe adopted a Free Trade Agreement (FTA) between the European Union (EU) and Vietnam (EVFTA). Mr. Gordan Grlić Radman, Croatia’s Minister of Foreign Affairs and European Affairs – the EU’s rotating chairperson – said: “This agreement is the second document that EU has signed with a Southeast Asian
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Viglacera’s industrial parks grow stably in the first quarter of 2020
According to economic experts, although the Covid-19 epidemic is causing certain difficulties, Vietnam is still a potential destination in the long term thanks to the positive outlook of the economy and the wave of manufacture transition away from China. Facing this trend, Viglacera’s industrial parks (IPs) continue to maintain their attraction to many investors in
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Vietnam approves $2.6 billion support package for Covid-19 crisis victims
The government has passed a VND62 trillion ($2.6 billion) financial support package for poor people and businesses affected by the Covid-19 pandemic. The package, approved by Prime Minister Nguyen Xuan Phuc Friday, targets six categories of individuals and businesses. Poor people await aid from a charity group on Ly Chinh Thang Street in District 3,
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PM approves decree on postponement of tax and land use fee payments
Prime Minister Nguyễn Xuân Phúc on Wednesday approved Decree No 41/2020/NĐ-CP about the extension of deadlines for tax and land use fee payments to support businesses suffering from the COVID-19 pandemic. The decree took effect immediately. The extension would be five months from the deadline for payments. Stores on Lương Văn Can Street, Hà Nội
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Electricity price to increase more than 8% from March 20, 2019
Each kWh of electricity will increase by nearly VND 144 to the average of more than VND 1,864 from March 20th, 2019 Specifically, the average electricity selling price will increase from VND 1,720.65 to over VND 1,864 per kWh (not included VAT). This Decision has just been signed and will come into force from March
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