(Photo: ABS-CBN)

SWS: 7 of 10 Filipinos worried by presence of Chinese workers

The rising presence of Chinese workers in the country worry seven out of 10 adult Filipinos, according to the latest Social Weather Stations (SWS) survey, as the government recently launched a crackdown against Philippine offshore gaming operators (Pogos) which mostly employ Chinese nationals.

Condotel projects lack legal framework

In a talk with Saigon Investment on the current status of condotel projects, also known as Condo Hotels, Dr. Vu Dinh Anh, shared the opinion that this condominium style was being considered as an unmanageable project due to its inability to assign specific responsibilities to various government agencies.

Unclear issues in condotel projects

The failure of the Condotel Cocobay project is causing panic among investors to participate in any further condotel projects. Is this the corollary of the model or is it just one single isolated case? Saigon Investment had a talk with Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association on this matter and other related issues.

SilkAir - 15 years serving Vietnam

SilkAir - 15 years serving Vietnam

Seeing the great appeal of Da Nang Vietnam as a business and tourist hotspot 15 years ago (January 3, 2005), SilkAir - the regional wing of Singapore Airlines - launched a flight route connecting the Lion City with the largest city in central Vietnam.

Illustrative photo.

Loopholes to "hide" bad debts

The financial statements of the 3rd Quarter 2019 of all banks showed better results than in the same period last year, with a higher growth rate.

Mon Hue restaurant chain.

Food & Beverage Industry still strong in Vietnam

It came as a surprise to many people when the Huy Viet Nam Food Processing Co. Ltd shut down their Mon Hue restaurant chain and many other stores such as Com Tho Chay and Pho Ong Hung, which were under their umbrella brand. These stores, for a period of time, used to be very strong in the Food and Beverage (F&B) sector in Vietnam.

It is not necessary for business households to become enterprises, but to professionalize this type of business. Photo: LONG THANH

Converting household businesses into enterprises

The Draft Law submitted on 16 October at the 38th meeting of the Standing Committee of the National Assembly, which amended and supplemented several articles in the Investment Law and Enterprise Law, caused many members at the meeting to voice their opinions on the present status of running household businesses in Vietnam.

The registration of enterprise establishment was easier, but going into details of industries and trades encountered many obstacles.

Amending the Laws on Investment and Enterprises

The Law on Investment and the Law on Enterprises are two very important laws in our country's business legal system, which directly affect the development of the business community and the growth of the business investment environment.

Ports in Central Region need to strengthen connectivity and investment commensurate with their potential. (In the photo: Quy Nhon Port)

Expect to develop seaports in Central Vietnam

As per Resolution 36-NQ/TW, passed by the Central Committee of the Communist Party of Vietnam, a strong goal has been set for the sustainable development of Maritime Economy in Vietnam by the year 2030, with a vision for 2045, which also includes firmly defending the national sovereignty of the islands and seas.

Bibica's cake production line.

Bibica JSC pushed into power struggle

As a leading confectionery brand in Vietnam, Bibica Joint Stock Company (BBC) was viewed by many domestic and foreign organizations for acquisition of its valued shares.

A corner of HCMC. Photo: HOANG HUNG

Central plan required to make HCMC a financial hub

The idea of “making Ho Chi Minh City (HCMC) into a regional and international financial center (FC)” is not new, but it is very important, because it will not just concern the City alone, but will also be vital for the implementation of the National Economic Strategy until the year 2030 with a vision until 2045, that will cover the development of the whole country.

A corner of HCMC. Photo: HOANG HUNG

Many bariers to overcome

Seeking to move into higher value added services and technological innovation, countries and cities are seeking to remake themselves as international financial centers.