Category | Real Estate

Vietnam to join in Trans-Pacific Partnership negotiations (Nhân Dân)

Posted on 12 March 2010

Vietnam will join in the negotiation of the Trans-Pacific Strategic Economic Partnership Agreement (TPP), reflecting its determination to continue its renewal process and in-depth international economic integration.

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Fitch places Vietnam ratings on watch negative (Vietnews Online)

Posted on 12 March 2010

Fitch Ratings on Friday said it has placed Vietnam’s long-term foreign and local currency ratings on watch negative as confidence in the country’s currency weakens and on a lack of transparency for key economic data.

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(AFX UK Focus) 2010-03-12 03:37 Fitch places Vietnam ratings on watch negative (Interactive Investor)

Posted on 11 March 2010

HONG KONG, March 12 (Reuters) – Fitch Ratings on Friday said it has placed Vietnam’s long-term foreign and local currency ratings on watch negative as confidence in the country’s currency weakens and on a lack of transparency for key economic data.

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Fitch places Vietnam ratings on watch negative (Reuters via Yahoo! Asia News)

Posted on 11 March 2010

HONG KONG, March 12 (Reuters) – Fitch Ratings on Friday said it has placed Vietnam’s long-term foreign and local currency ratings on watch negative as confidence in the country’s currency weakens and on a lack of transparency for key economic data.

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(AFX UK Focus) 2010-03-12 02:16 Vietnam, foreign firms to build $1 bln gas pipeline (Interactive Investor)

Posted on 11 March 2010

HANOI, March 12 (Reuters) – Petrovietnam Gas has signed a deal with Chevron Corp, Japan’s Mitsui Oil Exploration Co and Thailand’s PTT Exploration and Production to build a $1 billion gas pipeline in southern Vietnam.

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Gamuda Land in RM6bil Vietnam venture | Malaysia Property

Posted on 11 March 2010

With the upcoming closure of all gold trading floors in Vietnam at the end of this month, there will also be a re-channelling of capital flows into the property market. Sacomreal was previously involved in providing real estate services …

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PM requests a revision of forestland renting projects

Posted on 11 March 2010

Leases of forestland, including some sensitive areas, to foreign companies have triggered universal concerns. Against this backdrop, the Prime Minister has just drawn up a conclusion on the matter

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SP Setia bags Vietnam deal (Business Times (Malaysia))

Posted on 11 March 2010

PROPERTY developer SP Setia Bhd ( 8664 ) has in principle bagged a property project from Vietnam’s Investment and Industrial Development Corp to develop a 10.8ha land in Binh Duong province,Vietnam, for a 50-year term.

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HCM City revokes 40 property projects

Posted on 11 March 2010

HCM City People’s Committee decided to revoke investment certificates of 40 property projects with total registered capital of $1.77 billion because of the tardiness in implementation, according to a report to Ministry of Planning and Investment. HCM City has remaining 143 valid projects worth $9.61 billion, of which $3.61 billion was actualised. The committee is considering licensing seven property business projects worth $3.7 billion.

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VIP targets to reach profit after tax of 70b dong in 2010

Posted on 11 March 2010

VNStockNews.com – Vietnam Petroleum Transport Joint Stock Co (Vipco – coded VIP) has lately announced to concentrate on port services and real estates in 2010, stated Nguyen Dao Thinh, Vipco’s chair of management board in the meeting with investors held by International Royal Securities Co in March 10, 2010.At present, Vipco has carried out large real estate projects in Hai Phong City such as 43

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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