property market

Update news property market

Right time to buy property: experts

 VietNamNet Bridge – Now is a good time to purchase property because of various promotional programmes that favour buyers and investors,

Easier foreign ownership likely to revive property market

 VietNamNet Bridge – A Construction Ministry recent proposal on creating more favourable conditions for foreigners to buy property is considered a step in the right direction to attract stronger foreign investment inflows.

More Japanese investing in Vietnam’s property market

 VietNamNet Bridge – Singaporean, South Korean and Taiwanese investors have been the traditional investors in the property sector, but more Japanese companies have been pouring money into projects recently.

Rise in M&A deals stir up nation's property market

 VietNamNet Bridge – Mergers and acquisitions (M&A) in the domestic real estate sector have always depended strongly on the property market in the capital city, experts said.

BUSINESS IN BRIEF 2/10

Vinamilk expands its herd with 400 cows from Australia; Property market shows positive signal; Wood and timber exports hit US$4.41 billion; Investors return to stock market; Electric bike with iPhone link sold for $4,285; ANZ bids SSI farewell

VN property market worth $21 bil

VietNamNet Bridge – A study by Nomura Research Institute (NRI) of Japan estimated the value of Viet Nam's property market at US$21 billion, a far cry from that of some of its neighbours.  

Ministry says property market is warming up, experts disagree

 VietNamNet Bridge – While the Ministry of Construction has said that the real estate market has warmed up, reports from market survey companies show that supply is still far higher than demand.

BUSINESS IN BRIEF 1/7

Vietnam Airlines proposes VND22,300 per share in IPO; HCMC Industrial Zone to be built in Myanmar; Vietnam enjoys $6.85 billion FDI in six month'; B. Braun looks to invest extra US$270 million

Middle Eastern investors eye Vietnamese property market

 VietNamNet Bridge – The largest property groups in the Middle East have shown intense interest in the Vietnamese market recently, with plans to invest billions of dollars.

NA backs Viet Kieu’s home ownership

The National Assembly Legal Committee at the NA session in Hanoi on Saturday approved in principle a proposal for allowing overseas Vietnamese, locally known as Viet Kieu, foreign organizations and individuals to own homes in the country.

Policies to revive property market

 VietNamNet Bridge – The state has offered credit packages for the local real estate market and will amend more regulations and policies to promote further recovery in the local market, noted experts.

BUSINESS IN BRIEF 28/4

 Viet Nam achieves $700m trade surplus; Vinamilk forecasts downswing in profits for 2014; Mekong Delta rice yield surges after zoning, irrigation work; HCMC to host major regional IT event

Ministry seeks to suspend licensing new commercial housing projects

 VietNamNet Bridge – The Ministry of Construction has written to the Prime Minister proposing a suspension of the licensing of fresh commercial housing and urban area development projects this year in what is seen as a desperate effort

BUSINESS IN BRIEF 8/4

Vietnam trade office opens in Milan; Survey suggests an employment increase;Vinamilk tops payout value; Domestic coal inventory reaches 8 million tonnes; Vietnam named Malaysia’s biggest rice supplier

BUSINESS IN BRIEF 16/3

 Underground commercial center awaits investors; Government-backed loans still rise despite restrictions; SOE equitisation to quicken; Shipbuilding industry sees 25-30 pct growth annually

Property market anticipates recovery in 2014

 VietNamNet Bridge – The real estate market will recover in 2014, said Deputy Construction Minister Nguyen Tran Nam in an interview granted to a VOV online reporter about the property market in 2003 and forecasts in 2014.

BUSINESS IN BRIEF 29/1

 Honda, Mazda, Ford post sharp sales growth; U.S. dollar weakens against Vietnam dong; VRA says rubber price stable but low this year; VND500 bil. for Da Nhim hydropower plant expansion; Imports of confectionery decline

Trial of bank officials in $190ml swindling case kicks off

 VietNamNet Bridge – A swindling trial in which the defendant is accused of appropriating 3.9 trillion (USD 188.7 million) from individuals and banks began in Ho Chi Minh City on January 6.

MPI asks Gov’t to drop BT investment format

VietNamNet Bridge – The Ministry of Planning and Investment on Tuesday proposed the Government to drop the investment format of Build-Transfer, in particular those projects that the State has to pay money back

Property market gloomy in 2013, gloomier in 2014

 VietNamNet Bridge – While some institutions believe that the Vietnamese real estate market would recover soon after it bottomed out, others think that it is too early to talk about the market recovery.