Vietnam’s apartment market has been oddly quiet for several months.

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Investors vanish from the apartment market

Telecommunication service providers in Ha Noi will be fined up to VND70 million (US$3,700) if they do not cancel the contracts of phone subscribers who violate advertising violations, according to the Ha Noi Information and Communications Department.

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Strict controls tipped for nation’s telecoms

The Military Commercial Joint Stock Bank (MB) has signed a credit limit agreement with Germany’s AKA Export Finance Bank to boost trade turnovers between Vietnam and other European countries, in general and Germany, in particular. Under the inked agreement, AKA Bank will offer the military bank loans in US dollar or euro for funding the contracts of importing goods from Germany to Vietnam on the basic of credit insurance from Germany’s credit insurance provider of Hermes. Under the limited credit, MB can offer funds of 85 percent of the total value at maximum for each import contract for trading goods from Germany to Vietnam, with loans value of at least 500,000 euro or $1 million.

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Military Bank inks credit limit deal with Germany’s AKA Bank

Vietnam expects to export about 1.3 -1.4 million tonnes of rice in May and June, raising total rice exports in the first six months of this year to 3.3 million tonnes.

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Vietnam to export 1.4 million tonnes of rice

Three of the largest accounting firms take a loss of 96 billion dong.

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Low fees cause auditing firms’ losses

Support in technology transfer The government creates favorable conditions and ensures legal rights and benefits of parties in technology transfer including joint capital through technology to implement investment projects in Vietnam according to legal documents on intellectual property and on technology transfer. Values of technology which is used as a type of capital of technology values which is transferred to other parties are decided by different parties and must be indicated in the contracts of technology transfer. The government encourages investors to transfer into Vietnam the advanced, sourcing and manufacturing technology in order to increase production values, competition, quality of products, savings and efficient usages of resources, natural resources; encourages the investment for updating technology and enhancing capacity in management and utilization of technology

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Investment Support in Vietnam