real estate

Update news real estate

BUSINESS IN BRIEF 18/6

 Vietnam, EFTA hold FTA negotiations; Largest poly-metallic mine to be operational soon; HAGL group builds airport in Laos; Dung Quat refinery imports 300th lot of crude oil

Oversupply of low-cost houses warned

The government has every reason to encourage developing low cost housing projects. However, the overly high investments in the market segment may lead to the oversupply.

Real estate mergers, acquisitions heat up

 VietNamNet Bridge – The real estate community was all at wittering last week after learning that Vingroup (VIC) had transferred its upscale Vincom A Trade Centre in HCM City for VND 9.823 triillion (US$470 million).

BUSINESS IN BRIEF 3/6

 Many property projects seek new investors; Firms remain hesitant about energy labeling; Interest rate cap for seafood, livestock, chicken breeders; Improving public investment efficiency

The most influential Vietnamese CEOs

They are the leading brains who not only have influences to their businesses’ development, but also to the development of the country and the regional economies.

BUSINESS IN BRIEF 28/5

 Door set to open for more foreign property buying; Mekong Delta pins hope on bumper rice crop; Making audit reports add up for firms; Ads on cell phones rising

BUSINESS IN BRIEF 24/5

 Revealing real estate tricks of the trade; Measures to help businesses through crunch time; Spain supports Vietnam’s sustainable tourism; Improvement marked for labour export firms

Socio-economic plan discussed by officials

 VietNamNet Bridge – National Assembly deputies reviewed the country's socio-economic development plans and the 2012 State budget while also reviewing socio-economic development during the first months of 2013.

Buildbank takes shape, raises controversy

Buildbank, the commercial bank which aims to mobilize capital and lend money in the real estate and construction sector, has been formed up.

Difficulties of local property developers mean opportunities for foreign investors

Foreign investors have been flocking to Vietnam to hunt for real estate projects, which is believed to help warm up the market. However, the market price would be forced down by 50 percent at least.

BUSINESS IN BRIEF 18/5

 Mortgage loan for social housing touches 6%; VDB mobilises 4.45 trillion VND from guaranteed bonds; Ship yards go on with new orders; Hue plans to build VND 17 billion science-technology centre

Real estate troubles raise serious debate

 VietNamNet Bridge – Arguments regarding property market development, the government’s supportive measures and market perspective were bandied about by scholars,

Deposit interest rates go down, where the money goes to then?

Since commercial banks have lowered the interest rates, depositing has become less attractive in the eyes of investors.

BUSINESS IN BRIEF 12/5

 Used-car taxes to rise up to $800; VND30-trillion real estate bailout to take effect; Vietnam goods ‘need more support'; More electricity to national grid

The investment boom at the Cam Ranh “golden bay”

The Cam Ranh peninsular, which is called the golden bay of Khanh Hoa province, has witnessed the “investment boom” when a lot of investors plan multi-million dollar projects there.

BUSINESS IN BRIEF 16/4

Incentives seek to attract rental housing investors; Opportunities in slumping real estate sector; 5bln USD funded for high-speed railway linking VN, Laos; Preferential credits give strength to poor households

BUSINESS IN BRIEF 13/4

Peugeot announces its return to Vietnam; PetroVietnam increases investment in Russia; Thua Thien - Hue lures investment to IZs; Hanoi welcomes 5.12 million visitors in Q1

Fast food chains hunt for retail premises, real estate market warms up

Analysts, while forecasting the arrival of many foreign fast food chains in Vietnam, believe that the real estate market would warm up in the war among the chains for retail premises.

Hanoi has nearly 6,000 unsalable apartments

VietNamNet Bridge - Chairman of the Hanoi People's Committee – Mr. Nguyen The Thao – says that there are nearly 6,000 apartments in the city are unsold.

Tram Be – the mysterious tycoon

Only billionaires can hold the controlling stakes of a commercial bank. Meanwhile, Tram Be and his family members are now the biggest shareholders of two banks – Sacombank and Southern Bank.