HANOI – A construction expert has underscored the need to set up a construction bank as suggested by the Ministry of Construction and the Vietnam Real Estate Association to help channel finances into the cash-strapped property market.
.jpg)
Many foreign investors are seeking to buy cheap property products in Vietnam but there is yet any sale-off here, unlike in other countries
HANOI – The Hanoi realty market did not rally in last year’s fourth quarter as usual regarding the number of products sold, heralding a dull prospect in 2012, according to CB Richard Ellis Vietnam (CBRE).
HCMC – The realty companies that have struggled with the stagnant market have strong expectations from newly-issued Instruction 2196/CT-TTg by the Prime Minister, which orders local lenders to hold back credit growth, especially in the property sector, in an appropriate way.
HCMC – The central bank’s recent move to partially loosen credit for the property sector has not worked as well as expected, sparking concern the market would worsen next year.
HCMC - The HCMC Real Estate Association (Horea) has proposed developing small apartments in an effort to stimulate demand for housing and help investors release thousands of unsold flats.
HCMC – Investments in the tourism property sector, especially in the low-cost hotel segment, sees a growing trend and is forecast to lure a great number of local as well as foreign investors in the coming time despite the current stagnancy in the realty market, said an industry practitioner.
The Ministry of Construction said at a conference in early January in Hai Duong Province that the realty market in 2010 was marked by soaring house prices and a great deal of instability
.jpg)
Bank interest rates should be cut by half, expert says
HCMC - The Ministry of Construction will issue a long-awaited guidance circular for a government decree governing the real estate market in the coming days.
HN -- An agreement for that design and offer of apparatus and technological services for that Thai Binh 2 Thermoelectricity Plant Project was signed in Ha Noi yesterday.Anything, more vital than US$826 million, was signed between your PetroVietnam Construction Joint Stock Corporation (PVC) and also the Sojitz-Daelim companies (SDC).Speaking in the signing ceremony, general director from the PVC Vu Duc Thuan stated anything incorporated equipment supply along with a detailed design for that turbine and
HCM CITY — A electronic energy ripper tools factory that includes alternative energy design features was inaugurated within the southern province of Binh Duong yesterday.Situated within the province's My Phuoc Industrial Park No 3, the 11,600 sq.m factory has manufacturing, putting together, engineering and testing facilities in addition to administrative offices from the XP Energy Viet Nam Co Ltd.It had been shipped on the turnkey basis by Singapore-based Boustead Projects Pte Ltd, a wholly possessed