Posts Tagged ‘ premises ’

For want of studios 

August 23, 2011
For want of studios 

  Growth of Vietnamese film industry inhibited by lack of production facilities  Crumbled sets at the Hanoi-based Co Loa Studio. Directors said the critical lack of professional studios is hindering the local film industry’s development. If there is one aspect that clearly underlines the state of underdevelopment of Vietnam’s film industry, it is the state [...]

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Restaurants can make big profits – but the outlay is large too

November 17, 2009
Restaurants can make big profits – but the outlay is large too

LookAtVietnam – If you want to make a fortune in the restaurant business – first you have to spend one.  The parking area for Sinh Doi restaurant which is hundreds metres far from the restaurantAccording to Nhan Kim Loan, director of Phong Lan restaurant chain, even when investors find satisfactory business premises which can meet [...]

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Rent for retail premises keeps rising

November 10, 2009
Rent for retail premises keeps rising

VietNamNet Bridge – Retail shops at big markets and on big roads change hands all the time these days because their rent has been escalating. Kim Loan used to have a tailor’s shop at Ky Dong T-junction.  She revealed that her shop rent increased from two million dong a month to three million dong, and [...]

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HCM City: Top end retail space grows

October 21, 2009
HCM City: Top end retail space grows

VietNamNet Bridge – High retail rents in big cities have prompted investing in high quality trade centre development. Newspaper Tien Phong believes that at least 150,000 square metres of retail premises will be available at trade centres in HCM City by June 2010. The figure is equal to 50 percent of the total premises launched [...]

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Retail premises get more expensive with Tet sale season coming

October 13, 2009
Retail premises get more expensive with Tet sale season coming

LookAtVietnam – Small businesses have begun preparing for the Tet sale season and despite the economic downturn rental costs continue to escalate. Nguyen Thi Hoa, the owner of a stall at Ben Thanh Market in HCM City, said market merchants are already looking for retail premises to lease. During the end-of-lunar-year Tet sale season, a [...]

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Moon cake makers scrambling for retail premises

September 15, 2009
Moon cake makers scrambling for retail premises

LookAtVietnam – Moon cake sales are at their highest pitch, just two weeks before the mid-autumn festival.  Moon cake producers are competing fiercely for the best retail sites. Big streets in Hanoi like Ba Trieu, Hai Ba Trung, Tay Son, Giang Vo and Ngoc Ha these days have been turned red by lanterns, stacks of [...]

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Rents still rising for upscale store sites

September 14, 2009
Rents still rising for upscale store sites

LookAtVietnam – The demand for commercial real estate is still very high even in the economic downturn, because consumers have gotten used to going shopping at trade centres.  Supply grows, but rents don’t fall Tran Van Hung, head of leasing at Eden Mall in the Saigon area of HCM City, said that the great majority of [...]

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Sharing the burden

September 1, 2009
Sharing the burden

VietNamNet Bridge – Many petty merchants have resorted to sharing business premises to save money and attract more customers. The fine arts shop and currency exchange shop at No 4 Le Loi streetPhuong Thao, the owner of a fashion shop in district 5 in HCM City rented a house behind An Dong Market to open [...]

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Retail premise leasing fees in Vietnam among costliest in region

August 12, 2009
Retail premise leasing fees in Vietnam among costliest in region

Both foreign and Vietnamese retailers complain that retail premise leasing fees in Vietnam, especially in HCM City, are sky high. In 2006, local newspapers reported that the transfer price of one square metre of stall at Ben Thanh Market in HCM City was 230 taels of gold. The level, if converted to dollars, was 30 [...]

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HCMC retail sites in short supply, no ceiling seen on development

July 31, 2009
HCMC retail sites in short supply, no ceiling seen on development

Unlike the office leasing market, now quiet because of low demand, the leasing market for upscale store sites in Ho Chi Minh City has remained bouyant even in the economic downturn, reports the Saigon Economic Times. Like their counterparts in the in big urban areas of other countries, Vietnamese consumers shop more and more at [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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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...