Business News

[16-01-2016] The stock price has gone down sharply, beyond all expectations, and gold has experienced a disappointing year while the housing price is going up, with more active trading activities. Foreign and domestic investors are racing to invest in new projects. Wealthy people are considering buying land or partments to profit.

[22-12-2015] Thailand’s Amata Corporation Public Company Limited has said it will develop two more industrial-urban complexes in Vietnam worth billions of U.S. dollars on the back of the successful Amata Industrial Park in Bien Hoa City, Dong Nai Province.

[17-12-2015] Techcom Capital (TCC) today announced the launch of Techcom Vietnam Real Estate Investment Trust (TCREIT) to the public. TCREIT is the first public REIT to be launched in Vietnam, with the initial charter capital of VND50 billion ($2.35 million). At least five million fund certificates at VND10,000 each will be offered.

[16-12-2015] Foreign companies registered a total of US$2.32 billion for 29 new and 10 operational property projects nationwide in January-November, US $1 billion higher than the same period last year, according to the Foreign Investment Agency.

[07-12-2015] The domestic real estate market continued its recovery in November, and conditions are expected to last into the new year, experts said. The Housing and Real Estate Market Management Department under the Ministry of Construction reported that the Ha Noi property market in November gained a year-on-year increase of 11 per cent with 1,550 successful business transactions.

[04-12-2015] Supply of high-end apartments in Vietnam has grown sharply in recent years but that of condos for low- and medium-income earners has contracted despite huge demand, according to property services provider CB Richard Ellis Vietnam (CBRE). CBRE provided figures about apartment supplies in different segments at a seminar on the domestic property market and opportunities for real estate stocks organized by the Hochiminh Stock Exchange (HOSE) on Monday.

[25-11-2015] Vietnam’s property market is on the way to recovery. Riding this wave, new enterprises in this sector also increase in number. Also the flow of foreign investment is showing signs of returning to Vietnam. These are boosting investors’ confidence.

[23-11-2015] The VND30-trillion (US$1.3 billion) housing stimulus package's disbursement will end in April as more than 70 per cent of it has been handed out, Construction Minister Trinh Dinh Dung said. Responding to a question by Huynh Thanh Lap, head of deputies from HCM City at the question and answer session of the National Assembly agenda.