New rules allowing foreigners to buy Vietnamese property haven’t created significant growth: expert
Economy 12:35 06/10/2015There is no significant growth in the volume of foreign homebuyers, as investors wait for detailed instructions on specific implementation of the new law that took effect in July this year
Go-ahead for new airport triggers property frenzy in southern Vietnam
Economy 15:03 05/07/2015The law-making National Assembly’s recent approval for the construction of Long Thanh International Airport in the southern province of Dong Nai will turn the surrounding area into a hotspot for realty investors
Vietnam’s new policies for foreign homebuyers have no immediate impact on market
Economy 19:02 02/07/2015There will not be many foreign homebuyers who immediately jump into the market as soon as a new policy allowing them to do so takes effect, so the impact on housing demand, if any, will be negligible
Vietnam cbank floats $2.3bn for new credit package to stir realty market
Economy 21:03 06/02/2015The State Bank of Vietnam has submitted to the government a plan to set aside VND50 trillion (US$2.3 billion) to support the commercial condo segment by enabling local banks to offer local homebuyers long-term lending at preferential rates
Vietnam should allow foreigners to buy houses: official
Economy 17:30 31/12/2013The Government has put the issue under serious consideration as it may boost the local economy once approved, said Truong Van Phuoc, vice chief of the country’s financial watchdog
Revenues from selling hydropower plant, sugar vitalize HAGL’s earnings
Economy 21:30 19/11/2013$180 million of unsold stock recently threatened HAGL’s business, but they recovered by selling a hydropower plant and sugar, raking in over $100 million
Realty market prices approaching real values: Construction Minister
Economy 20:00 19/11/2013Unreasonably high prices of real estate are falling due to low housing demand, Construction Minister Trinh Dinh Dung stated in a recent TV interview
Rushing to sell realty projects to cut losses
Economy 15:00 12/09/2013While the investors of some high-end real estate projects are cutting retail prices by almost 40-50 percent, others are planning to get rid of theirs after bleeding money for so long while waiting for the market to recover
Is living in deserted villas a joy?
Economy 17:00 26/08/2013Definitely not, as insiders have exposed the misery of living in such a place, which could be considered the dream of a lifetime
Warburg Pincus spends $200 mln on estate stakes in VN
Economy 16:00 30/05/2013It has clinched the deal with Vingroup for a $200 million investment, the largest investment made by a foreign fund in a Vietnamese firm ever, in Vincom Retail, a retail realty firm
Dong Tam boss steps into financial sector
Economy 16:00 02/05/2013He has been elected as the new chairman of the board of directors of the unlisted Kien LongCommercial Joint Stock Bank
High-profile businessman advises against realty bailout
Economy 16:09 01/04/2013Overseas Vietnamese businessman Alan Phan calls on the government not to bail out the property sector, instead to let land prices free-fall in order to help poor people get a house
