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IFRS raises potential challenges in real estate business strategies

IFRS raises potential challenges in real estate business strategies

A recent Ministry of Finance ruling is set to send ripples across Real Estate businesses, especially those with extensive asset portfolios. The International Financial Reporting Standards (IFRS) adoption roadmap commits to improved transparency and brings financial reporting in Vietnam closer to global standards.

Banks poised to increase capital by $1.6b

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VNĐ37 trillion (US$1.62 billion).

Thermal power plants next to HCM City raise concerns about pollution

The Ministry of Industry and Trade (MOIT) is consulting with Long An and HCMC local authorities about the location for the Long An Power Center, which HCM City opposes.

Vietnam & Bangladesh reach new agreement on rice trade

Vietnam will sell up to 1 million tonnes of rice to Bangladesh each year to 2022, under a deal reached between the two sides after two weeks of negotiations.

Stock indexes
864.47 3.08 0.36
Volume: 318,190,600 Value: 4,895.24 (Billions VNĐ)
109.81 0.17 0.16
Volume: 21,010 Value: 2.16 (Billions VNĐ)
55.03 0.02 0.03
Volume: 26,577,867 Value: 323.62 (Billions VNĐ)
806.23 2.17 0.27
Volume: 76,808,710 Value: 2,210.87 (Billions VNĐ)