The Business Times: HoREA wants less budget units in housing projects

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• HoREA wants less budget units in housing projects
• Slow debt settlement may delay Vinalines IPO
• Fuel retail prices kept unchanged
• Savills: City office occupancy at seven-year high
• Fair treatment sought for private hospitals
• Japan relaxes visa requirements for Vietnam cruise tourists
• Antibiotic residues found in more shrimp shipments to U.S.
• WB upgrades Vietnam GDP growth forecast to 6%

HoREA wants less budget units in housing projects Posted: 15 Apr 2015 08:20 AM PDT The HCMC Real Estate Association (HoREA) has proposed the Prime Minister reduce the mandatory ratio of budget units at commercial housing and residential area development projects. In the written proposal, HoREA wants the ratio to be halved to around 10% of the total land area of a property project. Chairman of HoREA Le Hoang Chau […] The post HoREA wants less budget units in housing projects appeared first on Vietnam Business News.

Slow debt settlement may delay Vinalines IPO Posted: 15 Apr 2015 08:19 AM PDT Vietnam National Shipping Lines (Vinalines) plans to launch its initial public offering (IPO) at the end of quarter two but it might be delayed due to a slow restructuring of its debts and operations. Debt negotiations between Vinalines and its lenders have been almost stopped by the latter due to successful capital divestment at some […] The post Slow debt settlement may delay Vinalines IPO appeared first on Vietnam Business News.

Fuel retail prices kept unchanged Posted: 15 Apr 2015 08:03 AM PDT The ministries of finance and industry-trade have decided to keep oil and gasoline retail prices unchanged and at the same time allow fuel wholesalers to use the national fuel price stabilization fund to offset the gap between retail and base prices. In a document released yesterday, the ministries permitted corporate fuel traders to get VND991 […] The post Fuel retail prices kept unchanged appeared first on Vietnam Business News.

Savills: City office occupancy at seven-year high Posted: 15 Apr 2015 08:02 AM PDT The office-for-lease market in HCMC performed better in the first quarter than the final quarter of last year with average occupancy shooting up to a seven-year high, according to property service provider Savills Vietnam. Average occupancy climbed to 91% in the first three months of 2015, up one percentage point compared to the last quarter […] The post Savills: City office occupancy at seven-year high appeared first on Vietnam Business News.

Fair treatment sought for private hospitals Posted: 15 Apr 2015 07:59 AM PDT Doctors and experts at a seminar in HCMC on April 13 proposed that private and public hospitals be treated on an equal footing so as to spur the development of the healthcare sector. Private hospitals will help not only ease overloads at public hospitals but also provide good healthcare services for patients, heard the seminar organized by […] The post Fair treatment sought for private hospitals appeared first on Vietnam Business News.

Japan relaxes visa requirements for Vietnam cruise tourists Posted: 15 Apr 2015 07:56 AM PDT Vietnamese passport holders traveling to Japan by ship do not need to get a visa before departure but ask the cruise line to complete procedures for them to obtain a landing visa. According to the Japanese embassy's updates about new entry procedures for visitors, foreign tourists, inclusive of Vietnamese nationals, on board cruise ships can […] The post Japan relaxes visa requirements for Vietnam cruise tourists appeared first on Vietnam Business News.

Antibiotic residues found in more shrimp shipments to U.S. Posted: 15 Apr 2015 07:56 AM PDT The U.S. Food and Drug Administration (FDA) refused around 107 shrimp batches imported from different countries including Vietnam due to antibiotic residues in the first two months of this year, up 224% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). VASEP said the 107 shrimp batches found with higher-than-permitted antibiotic residues […] The post Antibiotic residues found in more shrimp shipments to U.S. appeared first on Vietnam Business News.

WB upgrades Vietnam GDP growth forecast to 6% Posted: 15 Apr 2015 07:49 AM PDT The World Bank (WB) has upgraded its forecast of Vietnam's gross domestic product (GDP) growth in 2015 to 6% from 5.6% projected earlier. At a press conference in Hanoi yesterday for the East Asia and Pacific Economic Update report, the WB predicted Vietnam's economy would expand 6.2% in 2016. Meanwhile, inflation would stand at only […] The post WB upgrades Vietnam GDP growth forecast to 6% appeared first on Vietnam Business News.

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