The Law on Housing 2023 represents a comprehensive update to Vietnam’s housing regulations. It aims to create a more transparent, equitable, and sustainable housing sector by introducing stringent standards for development, ownership, and management.

Vietnam’s Law on Real Estate Businesses in 2024

the-shiv September 13, 2024

Vietnam’s Law on Real Estate Businesses 2023, enacted by the National Assembly of Vietnam, marks a significant update to the regulatory framework governing the real estate sector. This new law aims to address various challenges within the industry by focusing on transparency, consumer protection, and sustainable development.

State Bank of Vietnam returns to buying up US dollars

the-shiv September 13, 2024

Notably, this may be problematic with Vietnam already on the US currency manipulator watchlist after meeting two of the three criteria, namely a material account surplus greater than 3 percent of GDP and a goods surplus with the US greater than US$15 billion. It has thus far, however, failed to meet the third criteria: foreign currency purchases in eight out of 12 consecutive months, worth more than 2 percent of GDP…

Vietnam footwear exports down 2.1 percent August over July

the-shiv September 13, 2024

Vietnam’s footwear exports fell by 2.1 percent in August over July from US$2.12 billion to US$2.08 billion. Footwear exports for the year, however, have reached US$14.95 billion which is an increase of 10.5 percent over the same period last year. The biggest recipients of shoes made in Vietnam in August were the United States, China, and the Netherlands.

Saigon Beer Alcohol Beverage Corporation: Vietnam Stock Overview

Huong Nguyen September 13, 2024

Notably, Sabeco is looking to acquire a majority stake in Saigon Binh Tay Beer Corporation, commonly known as Sabibeco Group, which produces beer under the Sagota brand. If Sabeco succeeds in taking control of Sabibeco, it would overtake Heineken as the largest beer producer in Vietnam…