PROPERTY FIRMS OPT FOR BONDS AS BANK LOANS DRY UP
Last month, property developer Vingroup unveiled plans to sell 20 million non-convertible bonds at VND100,000 (US$4.39) each in two phases without any covered warrants or guaranteed assets.
CAN THO’S IZS LURE $112M INVESTMENT IN 2018
Industrial zones in the Mekong Delta city of Can Tho attracted a total registered investment capital of US$112 million last year, 12 per cent higher than the annual target, according to the municipal Industrial Zones and Processing Zones Management Board.
FOREIGNERS ACQUIRE TASTE FOR PROPERTY
Foreigners have been growing more interested in buying houses in Vietnam despite obstacles in ownership.
NGHI SON ECONOMIC ZONE TO BE EXPANDED
The total area of Nghi Son economic zone under planning will increase nearly tenfold to 106,000ha, including almost 66,500ha of land on the mainland and islands and over 39,500ha of sea surface.
FOREIGN INVESTORS POURS $321 MILLION INTO VSIP QUANG NGAI
Four foreign companies will be injecting $321 million of new investments in VSIP Quang Ngai. The investment registration certifications were presented to the companies at the VSIP Quang Ngai Investors’ Gathering and Investment License Presentation event.
CONSTRUCTION MINISTRY TO FOCUS ON SOCIAL HOUSING
Deputy Prime Minister Trinh Dinh Dung asked the Ministry of Construction to pay attention to the development of social housing projects and homes for low-income earners while enhancing urban management and creating favourable conditions for construction businesses.
OVERSUPPLY OF HIGH-END REAL ESTATE
In the first 10 months of 2018, the real estate market in the whole country showed signs of decrease both in supply and volume of transactions. Especially, the sign of reduction was very clear in the two big cities of Hanoi and Ho Chi Minh City, said the Ho Chi Minh City Real Estate Association (HoREA) in its latest report.
PROPERTY FIRMS LOOK TO STOCKS FOR CAPITAL
With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks on Friday.
