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Ministry proposes tax cuts for firms that renovate apartments

Ministry proposes tax cuts for firms that renovate apartments

Policy

Hanoi - The Ministry of Finance proposed the government should offer a preferential corporate income tax of 10 per cent tor firms that are renovating deteriorating apartment blocks.

Young opt for flats over houses in City

Young opt for flats over houses in City

Market

Apartments are becoming the housing of choice for many young families in HCM City thanks to the many advantages they offer.

$12.8 million project to upgrade Phan Thiet-Mui Ne route

$12.8 million project to upgrade Phan Thiet-Mui Ne route

Projects

The people’s committee of the central Binh Thuan Province yesterday approved a project to upgrade the route connecting Phan Thiet City’s downtown area to Ham Tien-Mui Ne area.

HCM City makes property mortgage details public

HCM City makes property mortgage details public

Market

Recently the Ho Chi Minh City Department of Natural Resources and Environment published a list of 77 apartment projects that have been registered as mortgaged at land registration offices.

Tien Sa Port eyes world-class status

Tien Sa Port eyes world-class status

Investment

Danang Port, the largest in central Vietnam, started the second-phase upgrade of Tien Sa Port today, to make it a modern container port in the region.

Int’l architecture awards to unique restaurant, toilet

Int’l architecture awards to unique restaurant, toilet

Projects

Two Vietnamese projects have won International Architecture Awards (IAA) in the green design category.

Property market information must be adequate, accurate

Property market information must be adequate, accurate

Market

Making property information available to the public was critical to improve the market's transparency but the information must be adequate and accurate, experts said.

On Ho Chi Minh City bourse, investors fancy property stocks

On Ho Chi Minh City bourse, investors fancy property stocks

Market

Trading in real estate stocks has shot up in the last month, with the volume reaching a total of 1.1 billion shares, a seminar heard in Ho Chi Minh City on Monday.

Construction sector grows 8.8 per cent

Construction sector grows 8.8 per cent

Market

The construction sector grew 8.8 per cent in GDP for the first half of this year, the highest growth since 2010, reported the Ministry of Construction during a conference in Hanoi on Thursday on tasks in the second half of this year.

Promoting REITs in Vietnam requires changes

Promoting REITs in Vietnam requires changes

Policy

Improving legal frameworks and incentives are critical to promote the development of real estate investment trusts (REITs) in Vietnam, chairman of the first domestic REIT said.

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