OFFICIAL CHANNEL TO FEED REAL ESTATE MARKET WITH SUPPLY INFO
An official channel that will provide Viet Nam’s real estate businesses with information such as the number of licensed projects and projects awaiting licenses in a given area is being developed by the Department of Properties and Real Estate Management under the Ministry of Construction and the Vietnam National Real Estate Association (VNREA).
VIETNAM IMPORTS US$6.6 BILLION IN TEXTILE-GARMENT MATERIALS IN H1
Though the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been in force for a while, Vietnam has not made much use of the free trade agreement and imported US$6.7 billion worth of materials in the first half of the year.
INDUSTRIAL PRODUCTION GAINS STABLE GROWTH IN SEVEN MONTHS
Industries achieving high production growth in the reviewed period included coke coal and refined mining products (48 per cent), metal (40 per cent), ore exploitation (17 per cent), rubber and plastic production (16 per cent) and motor vehicles (12 per cent).
ESTATE MARKET EXPECTED POSITIVE GROWTH IN YEAR-END MONTHS
At a seminar in HCM City earlier this week, Châu said it was not a rosy picture in the property market. Since March 7, 2017, when the Prime Minister requested the projects using State-owned land to be reviewed, the market has faced considerable challenges and difficulties.
CITY SPEEDS UP DEVELOPMENT OF LOGISTICS SECTOR
According to the Việt Nam Logistics Business Association, more than 70 per cent of the country’s 3,000 logistics firms are in the city, mainly operating in shipping and delivering, transportation, warehousing, ports, loading and unloading, distribution, customs clearance and integrated logistics services.
HCM CITY: OFFICE MARKET CONTINUES STABLE GROWTH
Rental prices of the two grades rose due to the limited supply. The average price of Grade A in the second quarter was 46.7 USD/m2/month, up 0.9 percent against the previous quarter and 2.9 percent over the same period last year. Meanwhile, the monthly price of Grade B was 23.5 USD/m2, an increase of 0.3 percent compared with the previous quarter and 4.7 percent year-on-year.
FOREIGN INVESTORS CONTINUE TO POUR MONEY INTO DONG NAI
The southern province of Dong Nai lured more than US$1.14 billion in foreign direct investment (FDI) in the first seven months of this year, easily surpassing its target for the entire year, according to the provincial Department of Planning and Investment.
VIETNAMESE VESSEL FLEET RANKS 30TH WORLDWIDE
Average vessel age of Vietnamese ones is 15.6 years old, lower than the world’s ones of 20.8 years old. Especially, the number of Vietnamese containers increased from 19 in 2013 to 39 in 2019.
