This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies Find out more here
Offering homebuyers preferential loans is considered a solution to remove the current difficulties of the property market and improve the market liquidity.
Total retail space of Hanoi reached around 656,600 square meters during the first quarter of 2012, plunging 50% on quarter. Average leasing capacity achieved 89%, unchanged against Q4 of 2011, according to Savills’ latest report.
Vietnam is third in the list of top rapid growth markets (RGMs) in Asia next year behind China and India, according to Ernst & Young’s April forecast.
Japanese investors are marching towards Vietnam. Not only accounting for 90 percent of the total foreign direct investment (FDI) in the country; Japanese have been penetrating the Vietnamese market through merger and acquisition (M&A) deals.
Vietnam’s Ministry of Finance is considering giving more tax breaks to businesses as the number of closures has surged amid the slowing economy.
Several French companies specializing in railway development have expressed interest in HCMC’s metro line projects.
Vietnam’s Ministry of Industry and Trade has called for suspension of a new environmental tax on plastic bags, saying the plastic industry is struggling with low sales due to higher prices.
Vietnam’s real estate loans stand at a safe level and property developers are not on the verge of bankruptcy, despite an ongoing market slump, a government official has said.
The private firm Cong Ly Construction-Trading-Tourism Co. is seeking the HCMC government’s permission to develop a large-scale wind power project in the outlying district of Can Gio’s Can Thanh Town.
HCM City authorities are encouraging local and foreign enterprises in the city to invest in fields that deal with science and high technology, as part of their economic restructuring plan to reach certain targets by 2015.
