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MarketsLand heats up in Dong Nai, cools down in HCMC3/11/2010 1:37:18 AMVietnam Markets - HCMC - The emerging property market in the southern province of Dong Nai is recording busy trade in the land plot segment during the first months of this year while the market in HCMC remains quiet. Gov’t revokes 266,000 sqm of public land3/11/2010Vietnam Markets - HANOI – The Ministry of Finance has revoked more than 266,000 square meters of public land from State-owned corporations and groups in Hanoi and HCMC since last September, to reorganize public assets. Capital needed to turn the market rosy3/10/2010Vietnam Markets - For many people, the local property market has weathered the storm and is believed to be on track of recovery after a long hibernation because of the credit tightening policy and economic downturn. Practitioners on the market even made a fearless forecast, saying the local property market would repeat its circle of development and probably kick off another boom this year. In addition, the fact that gold trading centers have been closed this month will make investors shift their money to other channels, including the property market which is theoretically believed to be safer than other fields. 
Many overseas Vietnamese want to buy apartments, property3/10/2010Vietnam Markets - HCMC - Some 400 Vietnamese living abroad, or Viet Kieu, gathered at the Sunrise City complex project in HCMC’s District 7 last week for a meeting, with many of them showing keen interest to buy houses or invest in the property sector in Vietnam. 
Stockpiling begins as prices fall anew3/9/2010Vietnam Markets - Vietnamese companies have started buying coffee on the domestic market to shore up prices that dropped again this week Property developers adjust for market demand3/4/2010Vietnam Markets - HCMC - The trend of the mid- and low-cost apartment segment is expected to dominate the property market this year as many property developers have begun to tailor their products to meet market demand, providing affordable condos for mid-income homebuyers. 
VinaCapital sets up JV to manage realty projects3/4/2010Vietnam Markets - HCMC - VinaCapital Group has joined forces with the Hong Kong-based project management group inProjects to set up a real estate services company, which was officially launched on Tuesday here in HCMC. 
Realty firm licensed for resort development3/2/2010Vietnam Markets - HCMC – Daewon-Thuduc Housing Development JSC has been given an investment certificate to develop a tourism property project in Long Hai Town in the southern coast province of Ba Ria-Vung Tau after waiting nearly two years for site clearance and other procedures. 
SetiaBecamex celebrates first year success3/2/2010Vietnam Markets - HCMC - SetiaBecamex JSC last week opened champagnes to toast the first year of success since the property project developer launched the mammoth township project Ecolakes My Phuoc in the southern province of Binh Duong last year. |
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