Public property, private property and friends

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VietnamNet English 11 hour(s) ago

Public property, private property and friends

VietNamNet Bridge - As discussed in the article “State – business relations and industrial growth in Vietnam,” state-owned enterprises (SOE) are chosen as the key sector of the economy but it lacks discipline of the state and discipline of the market, and at the same time the sector is given too much privilege. When this occurs, the relationship between the State and enterprises may be transformed into ties of friendship and corruption.

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PetroVietnam barred from investing in properties and banks

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VietnamNet English 2 day(s) ago

PetroVietnam barred from investing in properties and banks

Prime Minister Nguyen Tan Dung last week officially signed a decree forbidding the parent company Vietnam Oil and Gas Group (Petrovietnam) in using its capital to invest and acquire shares in real estate project, banks and insurance companies, according to Vneconomy newswire.

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Switzerland pumps $1.9 billion into Viet Nam in 2014

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VietNam News English 3 day(s) ago

Switzerland pumps $1.9 billion into Viet Nam in 2014

Switzerland pumped US$1.94 billion into 101 projects in Viet Nam last year, ranking 18th among 101 countries and territories investing here, according to the Foreign Investment Agency.

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Focus turns to social housing development

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VietnamNet English 3 day(s) ago

Focus turns to social housing development

VietNamNet Bridge – The construction ministry will focus on housing development this year, especially social housing projects, said Minister Trinh Dinh Dung at a recent meeting.

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Vinaconex to launch huge volume of real estate projects

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VietnamPlus English 5 day(s) ago

Seeking to generate total revenue of 10 trillion VND (465.4 million USD) in 2015, the Vietnam Construction and Import–Export JSC (Vinaconex) is implementing a large number of real estate projects across the capital city of Hanoi.

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Property developer wants to build villas on Ha Long Bay

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VietnamNet English 6 day(s) ago

Property developer wants to build villas on Ha Long Bay

VietNamNet Bridge – Tuan Chau Group, a powerful real estate developer, plans to pour 20 million cubic meters of soil into the Ha Long Bay over 400 hectares of water surface to build three flower-shaped villas on the sea.

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Scarce recompense for victims of real estate frauds

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Báo Đầu Tư English 6 day(s) ago

Scarce recompense for victims of real estate frauds

Frauds in real estate cause significant financial damages to investors but the chance for victims to collect what they have invested is very slim.

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PetroVietnam barred from investing in properties and banks

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Báo Đầu Tư English 6 day(s) ago

PetroVietnam barred from investing in properties and banks

Prime Minister Nguyen Tan Dung last week officially signed a decree forbidding the parent company Vietnam Oil and Gas Group (Petrovietnam) in using its capital to invest and acquire shares in real estate project, banks and insurance companies, according to Vneconomy newswire.

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Focus turns to social housing development

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Báo Đầu Tư English 1 week(s) ago 1 related news

Focus turns to social housing development

The construction ministry will focus on housing development this year, especially social housing projects, said Minister Trinh Dinh Dung at a meeting yesterday.

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Yearend demand warms up construction material market

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SaiGon GP English 1 week(s) ago

Yearend demand warms up construction material market

The construction material market has gradually warmed up after a long-lasting gloominess as residents have rushed to build or repair houses ahead of the lunar New Year festival.

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Focus turns to social housing development

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

Focus turns to social housing development

The construction ministry will focus on housing development this year, especially social housing projects, said Minister Trinh Dinh Dung at a meeting yesterday.

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Real estate investments to reap higher profits this year

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VietNam News English 1 week(s) ago

Experts said investors in the high-end residential sector would earn profits at the rate of 15 to 20 per cent this year, owing to the impending rebound in the sector.

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Second metro route project breaks ground in HCMC

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SaiGon GP English 1 week(s) ago 1 related news

Second metro route project breaks ground in HCMC

The Ho Chi Minh City Management Authority for Urban Railways and Hoa Binh Construction and Estate Corporation--investor and main contractor of the second metro route Ben Thanh-Tham Luong in Ho Chi Minh City--started construction of an office building and other auxiliary works at Tham Luong depot on Thursday.

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New foundations for real estate deals

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Báo Đầu Tư English 1 week(s) ago

New foundations for real estate deals

The recent National Assembly session passed the Law on Enterprise, Law on Investment, Law on Residential Housing and Law on Real Estate Business. These new laws contain provisions which help to create a more transparent, consistent and conducive legal environment for domestic and foreign real estate investors alike.

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Remittances to help thaw the residential market

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Báo Đầu Tư English 1 week(s) ago

Remittances to help thaw the residential market

Real estate projects are expected to attract remittances from overseas Vietnamese, as the market revives and conditions become more favourable.

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