by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Economy, Ho Chi Minh, Infrastructure, News
In Ho Chi Minh City, 1,915 apartments were sold in the primary market in the third quarter, down 16% from the second, according to property consultancy Savills Vietnam. The absorption rate was 39% in the third quarter, a 2%-point decrease from the second. Mid-priced...
by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Business, Economy, News
Vietnam’s gross domestic product (GDP) increased by 7.4% during the 3rd quarter of this year despite damage caused by Typhoon Yagi, the General Statistics Office (GSO) reports. The industry, construction, and service sectors remain strong, with a growth rate of 9.1%...
by Teuvo Tuomi | Oct 6, 2024 | Vietnam, Reports, Tourism, Travel, Visas
There are now myriad ways you can enter and stay in Vietnam. These do, however, come at a cost. Vietnam visa fees are determined by the Ministry of Finance and are updated regularly through Circulars issued by the ministry. Vietnamese employers will usually cover the...
by Teuvo Tuomi | Oct 3, 2024 | Thailand, Investment, News, Retailing
The Central Group has finalized the complete acquisition of Globus, a luxury department store chain in Switzerland. As one of Thailand’s leading retail conglomerates, Central Group has done mergers and acquisitions (M&A) to accelerate its business growth....
by Teuvo Tuomi | Oct 2, 2024 | Business, Finland, Investment, News, Vietnam
Finnish fund PYN Elite is heavily betting on Vietnamese banking stocks. The PYN Elite’s allocation to Vietnamese banks represents a strategic investment as local banks tend to have sector-specific rallies in cycles of a few years, the fund says. At the end of...
