Category | Real Estate

All roads leading to My Dinh area

Posted on 02 September 2010

Hanoi’s expansion plans to the west are shaping the My Dinh area, 11 kilometres from the capital’s downtown, to become the capital’s second state administration hub. In a related move, the central government has recently urged Hanoi People’s Committee, in cooperation with the Ministry of Construction and other relevant governmental agencies, to complete plans to develop

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Binh Duong sees significant growth in property market

Posted on 02 September 2010

Southern Binh Duong Province is experiencing a rapid economic growth along with a surge in activity in the residential property segment.

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Finance, property shares dominate market

Posted on 01 September 2010

VNStockNews.com – On the two national stock exchanges, the twenty largest shares by value, and those which greatly influence domestic stock indices, are mostly financial and real estate shares. The VN-Index and HNX-Index are calculated based on market value of all listed stocks, so changes in the leading shares by value – market price multiplied by the number of listed shares – most affect the

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VIC plans to sell apartments of projects next time

Posted on 01 September 2010

Vincom JSC is planning to put into operation some projects such as Vincom Financial Tower, Royal City and Vincom Eco City in the last half of this year. The firm estimated gaining higher revenue in last six months thank to leasing high ranking offices and trade centres, condos of Vincom Centre project.

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Vietnam 2010 GDP to grow 6.7 pct, beating target: gov’t

Posted on 31 August 2010

Vietnam’s economy is expected to grow 6.7 percent this year, beating a government growth target of 6.5 percent, the government said.

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Mammoth project refuses domestic contractors

Posted on 31 August 2010

Vietinbank plans to start construction on the 30,000 square metre complex in Hanoi on October 20. The contractors will be famous foreign construction groups, not Vietnamese contractors. The 68-story complex of offices, a hotel, a shopping mall and high-grade service centre, with initial investment capital of $300 million, is designed by Norman Foster, the world’s leading

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Vietnam’s children face rising inequalities: UN

Posted on 31 August 2010

HANOI, Tuesday 31 August 2010 (AFP) – Vietnam’s growth has been relatively equitable but the country’s children are facing rising inequalities, the United Nations said Tuesday.

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HCM City outstanding loans estimated at 620 tr dong: SBV

Posted on 30 August 2010

The State Bank of Vietnam (SBV)- HCM City Branch has reported on its website that outstanding loans of commercial banks in the city by the end of August reached 620 trillion dong. According to SBV’s report, it is worth mentioning that the real estate lending of commercial banks was estimated to have reached 92.864 trillion dong,

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$4.5b invested in Mui Dinh high-class tourism area

Posted on 30 August 2010

Ninh Thuan province Department of Planning and Investment has lately sought for approval from Ministry of Construction for establishing the Polo Beach International Co Ltd. After consideration, ministry of construction has issued document No 1588/BXD-HDXD in which the ministry agreed to grant the investment license for Mui Dinh high-class tourism area project. The new tourism area project

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Vietnam lures Chinese investors

Posted on 30 August 2010

Chinese companies are investing more in Vietnam in order to get better access to the Southeast Asian market and its comparative cost advantages, Vietnamese trade officials said on Monday.

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Vietnam Fast Facts:

  • GDP (2008): $84.98 billion.
  • Real growth rate: 6.23% (2008)
  • Inflation rate (January 2009): 17.48% year-on-year.
  • External debt (2008): 29.8% of GDP, $21.8 billion.
  • Population: 85.79 million
  • Services: 38.10% of GDP, 2008
  • Exports: $62.9 billion
  • Imports: $80.4 billion
  • Goldman Sachs paper: Vietnam: The Next Asian Tiger in the Making