January 25, 2012
Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]
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Posted in News | Comments Off
January 25, 2012
Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]
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Posted in Reports | Comments Off
January 15, 2012
Ho Chi Minh City as seen from the rooftop of a downtown building. Property prices are expected to fall in the next six months. Developers are still pessimistic about market conditions but some experts believe investors should not rule out real estate just yet. Economist Dinh The Hien said the government is expected to [...]
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January 2, 2012
Vietnam will find it difficult to sustain into the new year the trade deficit reduction that it managed in 2011, given that it plans to reduce import tariffs on many products and that the ongoing global recession could hurt its exports, experts say. Vietnam’s trade deficit narrowed to US$9.5 billion from $12.4 billion in [...]
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Posted in Business | Comments Off
December 19, 2011
Residential apartment buildings in Ho Chi Minh City's District 2 The housing markets in both Hanoi and Ho Chi Minh City will continue to see price falls in 2012 as cities across Asia-Pacific are expected to have weaker sales volumes, according to global property consultant Knight Frank. Residential prices in the two Vietnamese cities will [...]
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December 16, 2011
Vietnam has sent more than 81,000 laborers overseas as of November, Vietnam News Agency quoted an official from the labor ministry as saying on Tuesday. Despite difficulties, Vietnam is likely to achieve the target of sending 87,000 laborers overseas this year, said Le Van Thanh, deputy chief of the ministry’s Overseas Labor Management. According [...]
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November 26, 2011
Picture shows Milan’s stock exchange with a sculpture by Italian artist Maurizio Cattelan in front. The European Commission warned Italy’s high borrowing costs could hit growth after bond yields surged to new records and France and Germany warned a blow-out on Italian debt could kill the euro. “If the bond yields continue to be this [...]
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Posted in International | Comments Off
November 26, 2011
A worker assembles a new Piaggio at a factory inside the Binh Xuyen Industrial Park in Vinh Phuc Province. Italian group Piaggio inaugurated the vespa factory in 2009. Italy, besides improving cultural cooperation with Vietnam, is seeking ways to boost economic ties with the country. Italian companies are interested in sectors like leather, footwear, [...]
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November 24, 2011
 File picture shows German Chancellor Angela Merkel (L) and French President Nicolas Sarkozy prior to a joint press conference on the eve of the G20 Summit November 2. The leaders of France, Germany and Italy were to hold emergency talks on Thursday in the shadow of a failed German bond auction which took [...]
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October 30, 2011
Foreign visitors examine Vietnamese wood products at an exhibition in Ho Chi Minh City. The demand for garments and woodwork is expected to fall as the global recession continues. Exports are growing and their prices are rising, but a faster rise in input costs is canceling export profits. Exporters worry that the development is expected [...]
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