Officials question housing inventory surge

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Báo Thanh Niên English 6 day(s) ago

Officials question housing inventory surge

New statistics show that real estate inventory rose sharply over the first quarter despite a lag in new projects, but officials suggest that last year’s stats may have ignored unfinished units while this year’s included all planned housing.

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State Bank package fires property market

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VietNam News English 19 hour(s) ago

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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More staff recruited by realty brokerage firms

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SaigonTimes English 2 day(s) ago

More staff recruited by realty brokerage firms

HCMC – Regardless of the current woes faced by the real estate market, many realty brokerage firms are racing to recruit more staff to expand operations and deploy new business plans to approach customers and market products more effectively.

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VND30-trillion package yet to spur realty stocks

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SaigonTimes English 2 day(s) ago

HCMC – The VND30-trillion housing loan package officially announced late in the morning helped the market claw back from early losses on Wednesday but real estate and construction stocks were yet to get a boost from this policy.

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Value of transactions must be reported to the State Bank

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Hanoi Times English 3 day(s) ago

The Hanoitimes - On April 18, the Prime Minister issued Decision 20/2013/QD-TTg o­n high value transactions subject to report ("Decision 20").

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Vincom Village wins Int’l real estate award

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VietnamPlus English 3 day(s) ago 1 duplicate news

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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New stimulus plan buoys stock market

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VietnamPlus English 3 day(s) ago 2 related news

While the stock market in general reacted positively on May 15 to a new 30 trillion VND (1.4 billion USD) real estate support package, shares of companies in the sector saw little change.

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$1.44 bln in aid for house-buyers to take effect June 1

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Báo Tuổi Trẻ English 3 day(s) ago 1 related news

$1.44 bln in aid for house-buyers to take effect June 1

Members of the public will be able to borrow loans at only 6 percent a year to purchase social houses as of June 1, according to a circular released Wednesday by the State Bank of Vietnam and the Ministry of Construction.

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New stimulus plan buoys stock market

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VietNam News English 3 day(s) ago 2 related news

While the stock market in general reacted positively to a new VND30 trillion (US$1.4 billion) real estate support package, shares of companies in the sector saw little change.

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Deposit interest rates go down, where the money goes to then?

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VietnamNet English 4 day(s) ago 3 related news

Deposit interest rates go down, where the money goes to then?

VietNamNet Bridge – Since commercial banks have lowered the interest rates, depositing has become less attractive in the eyes of investors. They may withdraw money from banks to put into production and business projects, or invest in securities as the stock index is on the rise.

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New guidance on goods trading by foreign-invested enterprises

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VietNam News English 4 day(s) ago 1 related news

New guidance on goods trading by foreign-invested enterprises

On April 22, the Ministry of Industry and Trade issued Circular 08/2013/TT-BCT. Accordingly, foreign-invested enterprises are only allowed in accordance with Investment Certificate, Business License, Retail Outlet Establishment Permit of such enterprises and relevant regulations.

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VND30-trillion home loan package available soon

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SaigonTimes English 5 day(s) ago

HANOI – The home loan package worth VND30 trillion aimed at stimulating the frozen property market will be available soon since the Ministry of Construction and the State Bank of Vietnam (SBV) are completing the final procedures.

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Interest rate cut weighs on stock market

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VietNam News English 1 week(s) ago

Investors increased selling in the afternoon following news that the State Bank of Viet Nam kept its prime rate unchanged at 7.5 per cent per annum while details of a rescue package worth VND30 trillion (US$1.43 billion) for the real estate market remained unclear.

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VND30-trillion real estate bailout to take effect

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VOV News English 1 week(s) ago 1 related news

VND30-trillion real estate bailout to take effect

(VOV) -The Government has granted a credit stimulus package, amounting to VND30 trillion (nearly US$1.5 billion), to shore up the real estate sector.

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Outlook bleak for real estate sector

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VietNam News English 1 week(s) ago 1 related news

Outlook bleak for real estate sector

The Vietnamese property market is expected to continue struggling for the rest of 2013, with hopes of a quick rebound looking increasingly unlikely.

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