Vietnamese woman mortgages house to send $40k to US ‘boyfriend’

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Báo Tuổi Trẻ English 5 month(s) ago

A woman in central Vietnam’s Quang Nam Province has been scammed off over VND900 million (US$40,000) by a purportedly American boyfriend she had met on Facebook.

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Banks hopeful for mortgage market growth

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Báo Đầu Tư English 6 month(s) ago

With housing demand remaining strong, banks are optimistic 2017 will be a big year for mortgages.

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Moody's reaches $864 mn settlement over subprime ratings

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Báo Dân Trí English 9 month(s) ago

Ratings agency Moody's has agreed to pay nearly $864 million in a settlement with the US authorities over its inflated ratings of risky mortgage securities that contributed to prompting the 2008 global financial crisis, the Justice Department said Friday.

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Prime Minister requires $2.22-2.66 billion credit package for hi-tech agro

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SaiGon GP English 9 month(s) ago

Prime Minister Nguyen Xuan Phuc has required the State Bank of Vietnam to instruct commercial banks to provide a preferential credit package worth VND50-60 trillion ($2.22-2.66 billion) for businesses to develop hi-tech and clean agricultural products.

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Farmers still struggling to access bank loans

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Báo Đầu Tư English 12 month(s) ago

“Almost all farmers face difficulties getting bank loans as they struggle to put a security up for loans,” said Nguyễn Đăng Cường, a farmer in Thuận Thành District, northern Bắc Ninh Province.

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Ministry of Construction says property market steady

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Báo Đầu Tư English 12 month(s) ago

There is an abundant supply of housing, prices are steady, lending to developers and home buyers is increasing, and bad debts are low, according to a quarterly report issued by the Ministry of Construction in September.

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Transparency essential to real estate growth

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Báo Đầu Tư English 12 month(s) ago

It is necessary for housing developers, contractors, banks and State agencies to co-operate in disclosing information about real estate projects to avoid panicking buyers, experts have said.

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VietinBank opens branch in Laos

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Báo điện tử CP English 13 month(s) ago

VGP - The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) in Laos (Vietinbank Laos) has upgraded its transaction office in Champasak province to a branch.

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Borey developers take finance matters into own hands

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VietStock FI English 13 month(s) ago

Borey developers take finance matters into own hands

The Cambodian Valuers and Estate Agents Association (CVEA) and the Housing Development Association of Cambodia (HDAC) have voiced concerns over the largely unknown fact that some borey developers are dishing out loans and mortgages to their own clients.

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Mortgaged projects safe for buyers: experts

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Báo Đầu Tư English 14 month(s) ago

Mortgaged projects safe for buyers: experts

Taking out mortgages for property projects is a normal practice among developers, and laws would protect the interests of buyers who have bought mortgaged property products, according to experts.

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HCM City makes property mortgage details public

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SaiGon GP English 14 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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Mortgaged project list to boost transparency

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Báo Đầu Tư English 15 month(s) ago

Mortgaged project list to boost transparency

Real estate developers, consultants, and insiders are debating over the controversial list of 77 projects registered as mortgaged at local land registration offices, and released for the first time by the Ho Chi Minh City’s Department of Natural Resources and Environment.

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Property information to be made public

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Báo Đầu Tư English 16 month(s) ago

Property information to be made public

The legal status and progress of properties would be made available to the public in order to reduce the risks for home buyers, according to an HCM City official.

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Urbanisation boosts demand for real estate

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Báo Đầu Tư English 17 month(s) ago

Urbanisation boosts demand for real estate

Rising demand in Viet Nam's residential segment is expected to sustain solid growth in the construction industry, though delays to accompanying infrastructure projects and tighter credit conditions could slow the pace of development.

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Ho Chi Minh City firm mortgages sold condo project, angering flat owners

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Báo Đầu Tư English 17 month(s) ago 1 related news

Ho Chi Minh City firm mortgages sold condo project, angering flat owners

A realty developer in Ho Chi Minh City has mortgaged and defaulted on an entire condo project in which 600 apartment buyers have already moved.

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