Legal framework for condotel transactions
The condominium hotel (condotel) market, as well as the tourism real estate market in general, has not been regulated under the 2014 Real Estate Business Law. As a result, the ongoing obstacles of this type of real estate are expected to be resolved after the passing of the 2023 Real Estate Business Law. From a legal perspective, what are the positive aspects of the new law that investors need to be aware of in order to protect their rights and interests in transactions?
Punishment of 100 million VND for Chinese company’s ‘buy a house, get a wife’...
To appeal to home buyers, a real estate company in China recently released a video with the slogan "Buy a house, get a wife for free." Due to this misleading advertisement, the company has been fined 100 million dong.
BIG: 2023 Profit Soars Over 10x, Expands Nationwide Hotel Chain
Thanks to optimizing real estate business operations and boldly expanding into the service real estate sector (BIG HOTEL), Big Invest Group JSC (UPCoM: BIG) has achieved impressive business results in 2023. BIG has announced its focus on accelerating the plan to open a chain of BIG HOTEL hotels in 2024.
TDH facing losses again in 2023
In addition to declining revenue from real estate, Thuduc House Development Joint Stock Company (HOSE: TDH) has also had to allocate a large amount of expenses for depreciation and provisions. As a result, the Company incurred a net loss of 48 billion VND in 2023.
TP HCM: Transfer Suspected Criminal Violation Investigation Agency
Ho Chi Minh City will intensify inspections, checks, and thorough handling of construction works that violate regulations, especially unauthorized and illegal constructions.
Penalty Plagues Business Series
The State Securities Commission has recently issued a decision to penalize several companies for violating disclosure regulations. These companies have failed to disclose or delayed reporting the utilization of funds raised from bond issuances...
Two companies distribute cash dividends ahead of Lunar New Year
In the upcoming week, the company will be paying out a minimum cash dividend of 5%.
Top 10 Stocks with the Biggest increase/decrease This Week: “Wave” of Corporate Earnings Continues,...
The top 10 most successful stocks on the HOSE have seen the highest increase of 23% and the lowest increase of 12%.
HBC, HNG, POM Receive “Final Warning” About Potential Mandatory Delisting
All three businesses have one thing in common - they have been experiencing a downturn in their business over the past few years, accumulating billions of dollars in losses.
How did Vietnam’s two biggest airlines perform in 2023: One made a profit of...
Vietnam Airlines and Vietjet Air, two leading airlines in Vietnam, have recently released their financial reports for the year 2023.