TRI - The tragic end of a famous Vietnamese brand

As one of the first listed companies on HOSE, Saigon Beverage Joint Stock Company (Tribeco, stock code TRI) quickly became the point of focal interest for many domestic and foreign investment funds. 

Need to change the methods of price determination

There are four basic issues in the land revenue system in Vietnam that need immediate evaluation in order to adapt to the current situation: (1) completion of the land pricing system; (2) categorizing and specifying mechanisms that assess value of land in the market; (3) changing the system of taxation and applicable fees for land use; (4) clarifying that investments from land users do not increase land value.

Too little tax on public land

In developed countries, revenue from land and fixed property makes up 50-90% of the total revenue collected by local authorities, serving as the main source for urban development. Besides this, capital from land revenue also functions as a financial tool to regulate and control real property and urban development.

It is necessary to expand the model of social housing but we must have specific policy mechanism for it, and make information transparent. Photo: LONG THANH

Housing development projects in satellite towns

Every five years, the population of Ho Chi Minh City increases by one million, with most people being office workers, students, factory labors, or immigrants with low and middle income. Meanwhile, the price of housing and land is sharply increasing over the years.

Illustrative photo.

Vietnamese enterprises lack interest in ASEAN

Speaking to Saigon Investment, Ms. Pham Chi Lan said that even though ASEAN is considered a dynamic region with excellent potential, Vietnamese companies have not shown sufficient interest towards it.

Illustrative photo.

Need effectiveness in revising legal framework

The criteria for establishing businesses, which was amended not long ago, is being revised again as it proved impractical and created many difficulties for enterprises.

Alpha Star Club is expected to have viewership of leading real estate brokers in Vietnam.

Alpha King launches Alpha Star Club

On 6 September, Alpha Star Club was officially launched at ‘The Sense’ by Alpha King, an international real estate developer.

With the current apartment value of up to billions VND, if a transaction from 300 million must be put into questionable and report to the government, it will be unfeasible, unrealistic. Photo: LONG THANH

Impossible to control money laundering in real estate transactions

In order to prevent money laundering activities, the Ministry of Construction, and the Departments of Construction in all provinces and cities have issued a regulation that requires real estate companies and real estate brokerage services to report all real estate transactions that are more than VND300mn.