Vietnam Real Estate Market News
Vietnam Sees Scarce Property Trade Despite Low Prices
Regardless of a downward trend of high-and medium-standard apartment prices, purchasers are sitting on the sidelines waiting to see how the low prices might go. Le Hung, director of HAGL Land, said that only 50 per cent of the number of apartments put forth have been sold since launching the
Vietnam Allows Qualified Foreigners To Buy Land From August
Foreigners who have got a medal from the Vietnamese president for their contribution, or have invested for one or more years will be eligible. Foreigners applying for land-use certificates must have a resident card or document proving they are permitted to stay in Vietnam for over 12 months granted by
Vietnam's Biggest Trade Center Launched In Hanoi
Bitexco Group inaugurated a US$70 million trade center, the Garden, in Hanoi Jun 11, the largest of its kind in Vietnam so far. The trade center covering 11,250 ha of the My Dinh new urban area, Tu Liem district, consists of international supermarket, gastronomy, entertainment and cinema areas.
Real Estate Market Likely to Get Heated Late This Year
Fledgling and huge potential, the Viet Nam real estate market has opened many opportunities for dynamic investors. With the growth rate of over 30 percent a year, it has a large attraction with the smart money flow. The Prime Minister has recently issued a direction No. 854CT-TTG to approve in
Hanoi Real Estate: Fever at Project Sites
Prices of houses in small alleys in the downtown of Hanoi, with individual area of 40-60 square metres, range between VND1.5 billion and VND2 billion. However, it is not quite easy to buy houses at this time although offer prices are higher. Many young families choose this kind of accommodations
Sharp Fall in Prices of Offices for Lease
Amid the fact that the real estate market gets warmer following the recovery of the securities market, Hanoi’s office for lease market is suffering gloominess. The office leasing price has fallen by about 20- 25 percent in comparison with late 2008. Experts say the situation may remain gloomy as the
Real Estate Market: Still Silent
The main presence at real estate trading floors belongs to brokers of such companies. They are attentively learning about information on new projects and price of each project. When asked about his sales in June, an employee named T. at Vinatrust trading floor laments that he has been unable to
Popular Vietnam Business News
Deposit Interest Rate Rises to 10.2 Per Cent
Although the prime rate set by the State Bank of Vietnam (SBV) was kept unchanged at 7 per cent per annum in July, many banks still revised the borrowing rate.
. After a standstill period due to bad impacts of the global economic slow down, more and more foreign companies have come to Vietnam to seek investment and business opportunities.
Leading B2B websites in Vietnam
. More than 100,000 Vietnamese firms have to date joined www.alibaba.com, one of the global leaders in business-to-business (B2B) e-commerce Websites, said China’s Alibaba Group. .About 4,000 Vietnamese small- and medium-sized
Vietnam airline market takes off
Economic recovery is set to spark demand, competition and reasonable fares on Vietnam�s air travel market, industry insiders say. Vo Huy Cuong, head of the Civil Aviation Administration of Vietnam�s
Workers quit factories for more cushy jobs, labor shortage ensues
After the Tet holidays, Tran Thi Phuong from northern Nam Dinh Province did not return to the Hanoi-based garment firm where she had worked for several years. The 28-year-old woman
Vietnam warned of inflation and trade deficit
The trade deficit is likely to prompt a further fall of the Vietnamese dong this year while food, housing and transport costs are leading inflation higher, according to a Standard
Uy Nam Construction Investment Joint Stock Co (Unicons) EPS at 16,644 dong/share in 2009
Uy Nam Construction Investment Joint Stock Co (Unicons) has recently reported audited fiscal report in 2009 with 663.01 billion dong in revenue from sales and service provision, up 24.16 percent
Vietnams export levels bear little impact from European debt crisis
According to trade experts under the Ministry of Industry and Trade, the impact of the debts crisis in Europe is not all that significant because the Vietnamese dong is still
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