State prosecutors raid company run by presidential aide's wife

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SaiGon GP English 2 hour(s) ago

State prosecutors raid company run by presidential aide's wife

State prosecutors on Monday raided a real estate company, run by the wife of a presidential aide, and a branch of the Seoul police as part of their probe into a corruption and info leak scandal involving the presidential secretary and a special inspector who investigated him, according to story posted at Yonhap.

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Developer puts condo project The Bay on hold as supply glut looms

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VietStock FI English 3 hour(s) ago

Developer puts condo project The Bay on hold as supply glut looms

The Singaporean developer behind The Bay, a $500 million mixed-use real estate project on the capital’s Chroy Changvar peninsula, has announced it is putting the residential phase of the project on hold due to unfavourable market conditions – a move that could herald the first major casualty of a looming real estate bubble, property analysts said yesterday.

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Singapore becomes third largest investor in VN

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Báo điện tử CP English 5 hour(s) ago

Singapore becomes third largest investor in VN

VGP – As of late June, Singapore was the third largest investor in Viet Nam after the Republic of Korea and Japan.

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South Phu Quoc island transformed into holiday-goers’ paradise

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Báo Đầu Tư English 3 day(s) ago

South Phu Quoc island transformed into holiday-goers’ paradise

In the past few years the south of Phu Quoc island has become an investment hot spot, attracting real estate projects to Bai Khem and Mui Ong Doi beaches, the trans-sea cable system, and Hon Thom sea entertainment complex, with the total investment of VND20 trillion ($940 million).

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FDI to exceed US$ 15 billion soon

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Báo điện tử CP English 3 day(s) ago 1 related news

FDI to exceed US$ 15 billion soon

VGP – Viet Nam absorbed over US$14.36 billion of foreign direct investment (FDI) in the first eight months, representing a year-on-year surge of 7.7%, according to the Foreign Investment Agency (FIA).

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FDI capital nears $14.4 billion this year

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SaiGon GP English 3 day(s) ago

FDI capital nears $14.4 billion this year

Vietnam licensed 1,619 foreign direct investment (FDI) projects with the total registered capital of US$9.79 billion as of August 20, 2016; a year on year increase of 24.3 percent, reported the Foreign Investment Agency.

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Aeon Mall a no-go zone for real estate events

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VietStock FI English 3 day(s) ago

Aeon Mall a no-go zone for real estate events

After a surge in property-related events by various real estate developers at Aeon Mall’s Daylight Plaza, the centre’s management team is now holding off on requests from developers.

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Borey developers adjust strategies as sales decline

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VietStock FI English 3 day(s) ago

Borey developers adjust strategies as sales decline

Condos and boreys have been experiencing a decline in sales, prompting developers to go back to the drawing board when devising financing strategies in a bid to lure back potential buyers.

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Shukaku Inc and Don Bosco sign scholarship MoU

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VietStock FI English 3 day(s) ago

Real estate developer Shukaku Inc has inked a memorandum of understanding (MoU) with education and training-focused NGO Don Bosco Foundation, worth more than $69,000.

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Hotel occupancy rate in HN, HCM City set records

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Báo điện tử CP English 5 day(s) ago 4 related news

Hotel occupancy rate in HN, HCM City set records

VGP – Ha Noi's hotel occupancy rate reached 75% in June, the highest figure in five years, according to the Commercial Real Estate Services (CBRE).

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Vietnam's Jan-Aug actual FDI rises 9 pct y/y to $9.8 bln: gov't

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Báo Tuổi Trẻ English 4 day(s) ago 1 related news

Aug 24 - Actual foreign direct investment (FDI) inflows into Vietnam reached an estimated $9.8 billion in the first eight months of this year, up 8.9 percent from a year ago, the Planning and Investment Ministry said.

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Vietnam's Jan-Aug actual FDI rises 9 pct year-on-year to $9.8 bln: gov't

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Báo Thanh Niên English 5 day(s) ago 1 related news

Vietnam's Jan-Aug actual FDI rises 9 pct year-on-year to $9.8 bln: gov't

Actual foreign direct investment (FDI) inflows into Vietnam reached an estimated $9.8 billion in the first eight months of this year, up 8.9 percent from a year ago, the Planning and Investment Ministry said.

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Hoang Anh Gia Lai reports $49 million loss in first half

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Báo Đầu Tư English 6 day(s) ago

Hoang Anh Gia Lai reports $49 million loss in first half

Recently rescued conglomerate Hoang Anh Gia Lai (HoSE:HAG) continued to report pre-tax losses in the first six months of 2016.

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Danang to crack down on slow real estate projects

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Báo Đầu Tư English 6 day(s) ago

Danang to crack down on slow real estate projects

The authorities of the up-and-coming central city of Danang are now more determined to revoke the licences of slow real estate projects as well as to enforce related laws.

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Young opt for flats over houses in HCM City

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Báo Dân Trí English 6 day(s) ago

Young opt for flats over houses in HCM City

Apartments are becoming the housing of choice for many young families in HCM City thanks to the many advantages they offer. According to Le Hoang Chau, chairman of the HCM City Real Estate Association, young couples with VND1 billion (US$45,500) have plenty of options with regard to buying a house or apartment in the city.

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