Posts Tagged ‘ markets ’

‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in News | Comments Off

‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Reports | Comments Off

Real estate still promising for long-term investors 

January 15, 2012
Real estate still promising for long-term investors 

  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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Maintaining trade deficit cut a tough ask 

January 2, 2012
Maintaining trade deficit cut a tough ask 

  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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Vietnam to see further decline in home prices: report 

December 19, 2011
Vietnam to see further decline in home prices: report 

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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Vietnam sends more than 81,000 laborers overseas 

December 16, 2011
Vietnam sends more than 81,000 laborers overseas 

  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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

EU warning after Italy borrowing rates hit record 

November 26, 2011
EU warning after Italy borrowing rates hit record 

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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in International | Comments Off

Italian firms keen on Vietnam 

November 26, 2011
Italian firms keen on Vietnam 

  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, [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Reports | Comments Off

Germany under pressure after bond sale failure 

November 24, 2011
Germany under pressure after bond sale failure 

    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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in International | Comments Off

Input cost rise makes export growth unprofitable 

October 30, 2011
Input cost rise makes export growth unprofitable 

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 [...]

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Business | Comments Off

Feature

Vietnam, Cuba foreign ministries to bolster ties

By

Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...