Industrial park operator hopes to clinch land sales

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VietStock FI English 1 day(s) ago

Industrial park operator Phnom Penh SEZ anticipates that net profit will expand more than 10-fold by the end of this year after it cements deals with two Japanese manufacturing companies next month and hopes to capture an additional six investors as tenants, company representatives said during a presentation on Friday.

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PPSP reports decline in revenue, net profit

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VietStock FI English 1 week(s) ago

PPSP reports decline in revenue, net profit

Industrial park operator Phnom Penh SEZ, which became the fourth company on Cambodia’s stock exchange when it listed in May, released its audited 2015 annual report and 2016 half-year financials yesterday, reporting declines in revenue and net profit over the past 18 months on slower land sales.

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Myanmar: fertile but contested soil for Vietnamese investment

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Báo Đầu Tư English 3 week(s) ago

Myanmar: fertile but contested soil for Vietnamese investment

Southeast Asia’s Myanmar has proven a fertile land with abundant opportunities for investors. However, the country’s rigorous regulations protecting domestic producers make it difficult for foreign investors to make a solid foothold.

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HCM City makes property mortgage details public

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SaiGon GP English 1 month(s) ago 1 duplicate news

HCM City makes property mortgage details public

Recently the Hồ Chí Minh City Department of Natural Resources and Environment published a list of 77 apartment projects that have been registered as mortgaged at land registration offices.

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Circular outlines tax incentives

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Báo Đầu Tư English 1 month(s) ago

Circular outlines tax incentives

The finance ministry issued Circular No. 83/2016/TT-BTC (“Circular 83”) on June 17, 2016. It guides the implementation of investment tax incentives prescribed in the Investment Law and government decree No. 118/2015/ND-CP, which details and regulates several articles of the Investment Law.

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Thailand, Malaysia to hold 22nd joint military exercise

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Báo Dân Trí English 1 month(s) ago

Thailand, Malaysia to hold 22nd joint military exercise

Thailand and Malaysia will organise the 22nd Land Exercise Thamal operation, a joint military training, in their shared border area from July 18-28.

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Industrial park rent averages US$115 per square meter in HCMC

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SaiGon GP English 2 month(s) ago

Land hiring demand at industrial parks in the southern region has been on the rise with rent averaging US$63.3 per square meters.

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Construction investment skyrockets

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VietStock FI English 4 month(s) ago

The Kingdom’s investment in the construction sector rose to $1.65 billion dollars in the first quarter of 2016, compared with last year’s $448 million, representing an astounding 267 per cent increase.

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Industrial park looks to expand its land bank

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VietStock FI English 4 month(s) ago

Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, is considering land purchases throughout the Kingdom and investment beyond its borders in an effort to boost its land bank, the company’s primary source of revenue.

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Real estate firms lift foreign limits

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Báo Đầu Tư English 4 month(s) ago

Real estate firms lift foreign limits

A range of locally listed firms with real estate interests have both lifted their foreign ownership limit to 60 per cent and purchase shares in order to access foreign funding for the development of their various projects.

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Real estate M&As spiked in first quarter

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Báo Đầu Tư English 4 month(s) ago

Real estate M&As spiked in first quarter

The real estate market in Vietnam has seen groundbreaking merger and acquisition deals during this year’s first quarter, with the total monetary volume reaching several hundred million dollars.

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Keppel Land to buy over $22 million of bonds from Vietnam property firm

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Báo Thanh Niên English 5 month(s) ago

Singapore's property developer Keppel Land Limited has subscribed for VND500 billion (US$22.07 million) worth of convertible bonds issued by Vietnamese real estate company Nam Long Investment Corporation.

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Construction sector investment tops $3.3B

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VietStock FI English 6 month(s) ago

Investment in Cambodia’s construction industry topped $3.3 billion last year, a 33 per cent increase over 2014, according to a report by the Ministry of Land Management and Urban Planning and Construction released yesterday.

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Giant sugar mill set to open in Preah Vihear

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VietStock FI English 7 month(s) ago

Giant sugar mill set to open in Preah Vihear

A Chinese-owned agricultural company will inaugurate a $360 million sugar mill in northern Cambodia next month, in what is being billed as one of Asia’s largest sugar processing facilities.

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Wholly-foreign owned banks land in Vietnam

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VietnamNet English 9 month(s) ago 1 related news

Wholly-foreign owned banks land in Vietnam

VietNamNet Bridge - Some branches of foreign banks in Vietnam have applied for conversion into banks with 100% foreign capital.

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