VN encourages foreign home buyers

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VietNam News English 2 day(s) ago

VN encourages foreign home buyers

Regulations on foreigners' rights to buy houses in Viet Nam could be loosened further in a bid to stimulate the domestic property market.

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Viettel mulls ambitious expansion

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VietNam News English 2 day(s) ago

Viettel mulls ambitious expansion

Leading telecom service provider Viettel said it planned to expand to developing countries in 2015."We are considering to invest in Myanmar, Kenya, Venezuela, Tanzania, Burkina Faso, Argentina, Cuba and Swaziland," said Viettel's deputy director Nguyen Van Tinh.

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State Bank package fires property market

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VietNam News English 2 day(s) ago 1 related news

Property developers are beginning to sell apartments in anticipation of the State Bank's credit package of VND30,000 billion (US$1.5 billion) for builders, the Sai Gon Giai Phong ( Liberated Saigon) newspaper reported.

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Central coast eyes huge tourist wave

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VietNam News English 2 day(s) ago

Tourism investors are hoping the central coast will become a new Phuket or Bali, and have continued to build resorts and other tourism destinations in the region despite the recession and property-market slump.

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Petrol companies debate changes to stabilisation fund

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VietNam News English 2 day(s) ago

Petrol wholesalers yesterday gathered to make recommendations on an amended decision on fuel trading drafted by the Ministry of Industry and Trade.

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Gold loses its appeal as VN bucks Asia trend

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VietNam News English 2 day(s) ago

Demand for gold jewellery in Viet Nam is falling sharply, despite significant increases recorded in other Asian countries, according to the latest report of the World Gold Council (WGC).

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National stocks end two-day rally

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VietNam News English 2 day(s) ago 1 related news

National stocks end two-day rally

Shares fell into the red during yesterday's session on both national stock exchanges.However, according to securities specialist Quach Manh Hao, things will look brighter next month as the Vietnamese stock market will generate opportunities driven by investor psychology and cash pouring into bargain-priced shares.

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Lower interest rate hoped to encourage spending

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VietNam News English 2 day(s) ago

The lower deposit interest rate is expected to boost investments in the stock market, but the fact that billions of dong are sitting idly in investors' accounts tells a different story.

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CNG Viet Nam plans to sell stake in PVS Gas as part of restructuring

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VietNam News English 2 day(s) ago

CNG Viet Nam planned to divest all of its holdings in PV Gas (GAS) next month, selling 100,000 GAS shares with the aim of restructuring its investment portfolio, the company announced.

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Jewellery company profits down due to low gold sales

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VietNam News English 2 day(s) ago

Phu Nhuan Jewellery Co (PNJ)'s first quarter net profits fell 28.5 per cent year-on-year, reaching just VND66 billion (US$3.1 million).

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Software company FPT posts $30m profit in first quarter

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VietNam News English 2 day(s) ago 1 related news

Software producer FPT Corp (FPT) reported a net profit of VND622 billion (US$29.6 million) in the first four months of this year.

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Viet-Han Corporation executives register to sell 12.28% stake

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VietNam News English 2 day(s) ago

Two executives of Viet-Han Corporation, a communications equipment manufacturer listed on the HCM City exchange, plan to sell a large volume of company shares over the next two months.

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Thirty-nine projects lose licences

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VietNam News English 2 day(s) ago

Southern Dong Nai Province proposed to the provincial People's Committee to revoke licences of 39 property projects, worth totally US$2.1 billion, due to the stagnant implementation.

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Capital urged to tackle land violations

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VietNam News English 2 day(s) ago

The Ha Noi People's Committee has ordered handling of land violations and projects under slow implementation to be hastened.

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Vincom Village wins property prize

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VietNam News English 2 day(s) ago

Vincom Village Eco-urban Township has become the first Vietnamese project to be awarded the title "Best Mixed-Use Development – Asia Pacific" at the International Property Awards in Malaysia.

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