December 3, 2011
Real estate has regained the top spot as the most attractive sector for private equity investment, Grant Thornton says. Private equity investors’ optimism in the Vietnamese economy has dropped sharply as they continue to worry about inflation, high interest rates and a slowdown in domestic growth, according to Grant Thornton. Negative sentiment toward the economy [...]
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August 14, 2011
Government’s inflation fight will decide short-term future, analysts say Motorcyclists ride past a construction site in the suburbs of Ho Chi Minh City on August 8. For the first time in two years, land prices have gone down in Hanoi. Perhaps for the first time ever, developers are offering apartments in lieu of cash [...]
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July 8, 2011
Visitors inspect a real estate development project during an exhibition on construction and property in Hanoi. The residential property market in Ho Chi Minh City has been hit hard by the government’s tight monetary policy and buyer confidence is not likely to improve anytime soon, real estate companies say. Consulting firm CB Richard Ellis said [...]
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July 2, 2011
Vietnam’s economic growth accelerated in the second quarter as domestic demand grew. Gross domestic product climbed 5.67 percent from a year earlier, according to a preliminary estimate released by the General Statistics Office in Hanoi Wednesday. That compares with a previously reported 5.43 percent for the first three months. The economy grew 5.57 percent [...]
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February 5, 2010
Business confidence among Viet Nam’s small- and medium-sized enterprises (SMEs) climbed 10 points in the fourth quarter last year, . . . Sandy Flockhart, HSBC’s chairman of personal and commercial banking, said: “Our small business confidence index is telling us that confidence levels are back to pre-financial crisis levels. Not only are SMEs confident that [...]
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December 12, 2009
The southern economic hub’s Saigon South area continues to be a promising place for property developers to prosper. Saigon South, which covers District 7 and Nha Be and Binh Chanh districts, has recently seen Khang Thong Joint Stock Company break ground for construction of a $30 million commercial and residential complex at Huynh Tan Phat [...]
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November 28, 2009
Increasing office supply in Vietnam is rapidly outpacing demand, sparking debate as to whether or not prices have actually bottomed out yet. A director of an office building in Ho Chi Minh City’s District 1 said more clients were looking for leases toward the end of the year as their current contracts were about to [...]
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November 26, 2009
VietNamNet Bridge – Commercial banks profits have proved to be lower than previous months as was anticipated. In the first months of the year, banks updated information about profits regularly. However many are yet to provide figures for October even though November is nearly over. Analysts say it’s because figures are not as “beautiful” as [...]
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November 15, 2009
Controlling currency levels is a form of protectionism that policy makers must avoid âby all means,â said the incoming chair of the Asia-Pacific Economic Cooperationâs Business Advisory Council. âForeign-exchange rates are a crucial factor in global trade, and guiding them to benefit a certain country is protectionism,â said Gempachiro Aihara, whoâs also the current co-chair [...]
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November 9, 2009
An increasing shortage of marketing personnel and the local hiring of qualified expatriates for managerial positions were new trends identified in a third quarter report by www.VietnamWorks.com, an online recruitment firm. LookAtVietnam – An increasing shortage of marketing personnel and the local hiring of qualified expatriates for managerial positions were new trends identified in a [...]
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