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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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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January 23, 2012
Vietnam’s benchmark stock index on January 19 rose the most in seven months and the currency rallied to a one-month high on speculation the central bank will cut interest rates and limit declines in the dong. The Ho Chi Minh City Stock Exchange’s VN Index climbed 3 percent to 373.43 at the 11 a.m. [...]
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January 17, 2012
Food retail sales in Ho Chi Minh City witnessed “skyrocketing growth” in recent year, a report said Despite economic difficulties the retail market in Ho Chi Minh City expanded last year as top retailers and brands continued to come in, property consultant Knight Frank said in a new report. The retail sales value of goods [...]
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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 14, 2012
Vietnam signaled that it may cut policy interest rates to “more suitable” levels after the first quarter and weaken the dong this year as Asia’s fastest inflation eases. “The central bank will adjust policy rates to more suitable levels, aiming to help ease the average level of market interest rates,” central bank Governor Nguyen [...]
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January 11, 2012
Vietnam will adjust policy interest rates to “more suitable” levels after the first quarter and weaken the dong as much as 3 percent this year, central bank Governor Nguyen Van Binh said. “We believe that 2012 will be a hard year, a challenging year for Vietnam’s economy,” Binh said at a conference in Hanoi [...]
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January 3, 2012
A street vendor walks past a Chanel SA store inside the Rex Hotel in downtown Ho Chi Minh City, Vietnam, on Tuesday, Dec. 27, 2011. Vietnam’s growth held near 6 percent this quarter, reducing the pressure for further monetary tightening after higher interest rates limited the boost to the economy from exports and domestic consumption. [...]
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December 30, 2011
Strong small banks should be allowed greater lending growth A local commercial bank’s employee counts money next to piles of dong notes in Hanoi on Monday The application of different credit caps on different banks based on their operational capacity is expected to correct a situation where banks with customers cannot offer loans while [...]
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December 23, 2011
Vietnam’s two-year bonds gained Friday on speculation commercial lenders will lower interest rates after inflation slowed for a fourth month. The dong advanced. Consumer prices climbed 18.13 percent this month from a year earlier, compared with a 19.83 percent increase in November, according to data from the General Statistics Office Friday. Interest rates on [...]
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