10:39 (GMT +7) - Thursday 19/07/2018
Vietjet to purchase 100 Boeing aircraft

Business 19/7/2018

Vietjet to purchase 100 Boeing aircraft

Carrier signs contract for 100 B737 MAX aircraft worth $12.7 billion in UK on July 18.

X2 Hoi An Resort and Residence introduced

Savills Vietnam the exclusive agent for riverside hotel and villa complex.

1

FWD Vietnam wins "Marketing Initiative of the Year" award

FWD the first insurer in Vietnam to win the award at 2018 Asia Insurance Awards.

2

IFC & VPBank finance Tan Long Group

Commodity financing facility of up to $50 million extended to leading commodity trader.

3

Gender equality crucial for sustainable growth and development

VET co-hosts forum on gender equality strategies.

4

New R&J at The Reverie Saigon opens

Redesigned R&J a complete multi-level, multi-experience dining destination in the heart of HCMC.

5

New Quang Binh cave tours trialled

More tours now being piloted in the "Kingdom of Caves".

6

Van Don International Airport conducts calibration flight

Flight made on July 11 at airport in northern Quang Ninh province, with full operations to begin in December.

7

European businesses still positive about Vietnam

EuroCham releases Business Climate Index for Q1 2018.

8

Making the most of the sharing economy

Hanoi conference hears of role of government and enterprises as the sharing economy takes hold.

9

July 12: VN-Index up 0.60%

UPCoM the only main index to close down.

10

Issue 293

Vietnam’s real estate market has caught the eye of many foreign investors following the introduction of new and amended laws and policies from the government. Regional players such as Alpha King have taken note of the opportunities and are keen to change the skyline in the country’s major cities. Ten years on from the last downturn it’s in everyone’s interest to monitor the possibility of a “bubble” reappearing and take action as necessary.

Commodities

Crude Oil: $59.48 ? -0.27%
Copper: $2.64 ? 0.38%
Sugar: $134.30 ? 1.21%
Coffee: $12.05 ? -2.19%
Gas: $2.75 ? 0.00%
Corn: $375.25 ? -1.83%

Source: vietstock

Exchange Rates

Unit: VND

NABuySell
EURNANA
GBPNANA
JPYNANA
SGDNANA
USDNANA

Source: Vietcombank

Gold

Unit: milion VND/ounce

Province Buy Sell
SJC NA NA
Ring NA NA

Source: SJC

Weather

Hanoi, vn

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Sky is Clear

NA m/s Light breeze

South-southwest (NA)

NA% NA hPa

BUSINESS SPOTLIGHT

Editor’s letter

Real estate in Vietnam is very attractive to foreign investors not only in terms of profitability but also because of the incentives on offer, the country’s economic growth, and policies for foreigners owning houses... VET’s Cover Story this month reports on how leading foreign investors in real estate see their opportunities in Vietnam and the challenges posed by existing regulations and the complex legal framework. Investors and local authorities don’t believe a bubble is of any danger but agree it is forming... (read more)

The Guide this month revisits old buildings around HCMC, finds out what’s good for families travelling around the country, and tries some extreme and adventure sports...